Business Owner (Provisional) Visa - Subclass 160

This visa is designed for business people who are owners or part owners of a overseas business and have been employed in a senior management role for at least 4 years and a genuine and realistic commitment to participate in a business or more than one business to eligible to stay in Australia for 4 years to establish new business or invest in a existing business in Australia.

To qualify for this subclass, the applicant must be sponsored by a state or territory and the business owner must be less than 45 years of age.

The applicant also has to pay a non-refundable visa charge when the applicant lodges the visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules.

This visa allows the applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allow The applicant to study in Australia
• Have the applicant’s family accompany the applicant to Australia. They will have access to work and study rights. Those who can accompany The applicant includes The applicants spouse and children

A dependent child is one who is

The natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on the applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

This visa is a temporarily visa for 4 years. Visa allows the applicant to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• The applicant must be below 45 years of age
• The applicant has an overall successful business career.
• An appropriate regional authority of a state or territory government must sponsor the applicant.
• The applicant (and the applicants spouse combined) had net assets in a qualifying business of A$200, 000 for at least two (2) of the four (4) fiscal years immediately before The applicant apply.
• The annual turnover of the applicants’ main business (or two main businesses) combined) was at least A$ 500,000 for at least two (2) of the four (4) fiscal years immediately before the applicant apply.
• The applicant (and the applicants spouse) total assets have a net value of at least A$ 500,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
• The applicant (or The applicant’s spouse) have never been involved in unacceptable business activities.
• The applicant have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• The applicant must meet certain health requirements and may need to undergo a health examination.
• The applicant must be of good character for The applicant to enter Australia.
• If the applicant and dependant’s, aged 18 years or over, are required to sign an Australian values statement. The statement is included in the applicants visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement the applicant is required to have read, or had explained to the applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are two steps in the application process for this visa. The applicant need to complete each step before progressing to the next.

• Step I- The applicant must apply for sponsorship from the state/territory in which The applicant intend to go into business.
• Step II- The applicant must complete and lodge The applicant’s application.

Definitions

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant has a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant’s own field of business.

Business Talent (Migrant) Visa - Subclass 132

This visa is designed for high net worth business people who are owners or part owners of a overseas business and a genuine and realistic commitment to participate in a business or more than one business to eligible to stay in Australia for 5 years to establish new business. This is a permanent residence visa. Also note that after applicant’s initial visa of 5 years expired applicant must obtain a Resident Return visa before leaving Australia so that applicant can enter Australia after expiry of applicant’s Permanent Residence Visa.

To qualify for this subclass, an appropriate regional authority of a state or territory must sponsor applicant and the business owner must be less than 55 years of age.

Applicant also has to pay a non-refundable visa charge when applicant lodges applicant’s visa application. The charges are as per following details:

This visa allows applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allow applicant to study in Australia
• Have applicant’s family accompany applicant to Australia. They will have access to work and study rights. Those who can accompany applicant includes applicant’s spouse and children
• Live in Australia for 5 years as Permanent Resident.

A dependent child is one who is

he natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.
• This visa is a permanent residence visa for 5 years. Visa allows applicant to travel to an enter Australia for five years from the date the visa is granted.

Eligibility Criteria

• Applicant must be below 55 years of age
• Applicant has an overall successful business career.
• An appropriate regional authority of a state or territory government must sponsor applicant.
• Annual Turnover - Applicant must have an ownership interest in a main business (or two main business combined) with an annual turnover of at least A$ 30,00,000 for at least two (2) of the Five (5) fiscal years immediately before applicant apply
• Business Assets - Applicant must have net assets in a successful business of at least A$ 400,000 (combined applicant and applicant’s spouse) for at least two (2) of the fiver (5) fiscal years immediately before applicant apply
• Significant Assets – Applicant and applicant’s spouse combined total assets must have a net value of at least A$ 1,500,000 and were legally acquired by applicant and are capable of being transferred to Australia within two year of visa granted to applicant.
• Applicant (or applicant spouse) have never been involved in unacceptable business activities.
• Applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• Applicant must meet certain health requirements and may need to undergo a health examination.
• Applicant must be of good character for applicant to enter Australia.
• If applicant are aged 18 years or over, applicant are required to sign an Australian values statement. The statement is included in applicant’s visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement applicant are required to have read, or had explained to applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are two steps in the application process for this visa. Applicant need to complete each step before progressing to the next.

• Step I- Applicant must apply for sponsorship from the state/territory in which applicant intend to go into business.
• Step II- Applicant must complete and lodge applicant application

Definitions

Eligible Investment

An eligible investment that is owned by the person for the purpose of producing a return by way of income or capital gain and is not held for personal use is one of the following:

• an ownership interest in a business
• a loan to a business
• cash on deposit
• stocks and bonds
• real estate
• gold or silver bullion

Unencumbered

Unencumbered is:

• not encumbered with a burden
• having no liabilities
• not subject to financial obligation

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 5 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

Investor (Provisional) visa - Subclass 162

This visa is designed for business people who have a successful business career or investment portfolio and are ready to invest funds in Australia for 4 years. Before the stamping of the visa the applicant has to make a government approved designated investment of A $ 1,500,000 in a state or territory of Australia, where the applicant has received a nomination.

To qualify for this subclass, the applicant must be sponsored by a state or territory and the applicant must be less than 45 years of age.

The applicant also has to pay a non-refundable visa charge when the applicant lodges the visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules.

This visa allows the applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• To study in Australia
• Have the applicant’s family accompany the applicant to Australia. They will have access to work and study rights. Those who can accompany the applicant includes the applicant’s spouse and children

A dependent child is one who is the natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on the applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

his visa is a temporarily visa for 4 years. Visa allows the applicant to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• The applicant must be below 45 years of age
• An appropriate regional authority of a state or territory government must sponsor the applicant.
• Ready to make a government approved designated investment of A$ 1,500,000 at the time of decision of the applicant’s application.
• The applicant have one year of business career in the last five years i.e.
• The applicant has maintained direct involvement in either managing a qualifying business in which the applicant and the applicant’s spouse together had an ownership interest of at least 10% of the total value of the business Or
• The applicant has maintained direct involvement in managing the applicant’s (the applicant and the spouse’s combined) eligible investments. The total value of that investment was at least A$ 1,500,000.
• The applicant has a total of at least 3 years of management experience in a qualifying business or eligible investments and also shows a high level of management experience in a qualifying business activity or eligible investment.
• The applicant (and the applicant’s spouse) total assets has a net value of at least A$ 2, 250,000 for the 2 fiscal years before the applicant apply.
• The applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• The applicant must meet certain health requirements and may need to undergo a health examination.
• The applicant must be of good character for the applicant to enter Australia.
• The applicant and dependents, aged 18 years or over, are required to sign an Australian values statement. The statement is included in the applicant’s visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement the applicant is required to have read, or had explained to the applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are three steps in the application process for this visa. The applicant need to complete each step before progressing to the next.

• Step I- The applicant must apply for sponsorship from the state/territory in which the applicant intend to go into business.
• Step II- The applicant must complete and lodge the applicant application.
• Step III – To make a designated investment of A$ 1,500,000 with government for 4 years. This investment must be made before the applicant enter Australia and before exipiry of the applicant health and character clearances. The applicant will be paid interest every 6 months of the designated investment.

Definitions

Eligible Investment

An eligible investment that is owned by the person for the purpose of producing a return by way of income or capital gain and is not held for personal use is one of the following:

• an ownership interest in a business
• a loan to a business
• cash on deposit
• stocks and bonds
• real estate
• gold or silver bullion

Unencumbered

Unencumbered is:

• not encumbered with a burden
• having no liabilities
• not subject to financial obligation

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

Investor Retirement Visa - Subclass 405

This visa is designed for self-funded retired people who have no dependants and wants to stay in Australia during their retirement years. This visa is a temporary visa, which allows applicant to stay in Australia for 4 years and later on, this visa is not converted into PR Visa. Applicant can get another investor retirement visa after the expiry of this visa.

To qualify for this subclass, an appropriate regional authority of a state or territory must sponsor applicant and the persons age must be 55 years or older.

Applicant also has to pay a non-refundable visa charge when applicant lodges applicant’s visa application. The charges are as per following details:

his visa allows the applicant to

• Stay in Australia for 4 years other than New South Wales or Australian Capital Territory.
• Allowed to Work ONLY 20 hours per week while in Australia.
• Visit in and out of Australia as many times as long as the visa is valid
• Have applicant’s spouse accompany applicant to Australia. She will also have access to work only hours per week while in Australia. Those who can accompany applicant includes ONLY applicant’s spouse

Eligibility Criteria

• Applicant must be 55 years of age or older.
• Applicant and applicant’s spouse combined minimum net income of A$ 65000 (for example, pension rights).
• If intend to stay in regional areas of Australia then applicant and applicant’s spouse combined minimum net income of A$ 50,000 (for example, pension rights).
• An appropriate regional authority of a state or territory government must sponsor applicant. (Other than New South Wales or Australia Capital Territory).
• Applicant must have an assets valued at least A$750,000. The assets must be legally owned and acquired by applicant and applicant’s spouse and available for transfer to Australia. All theses assets must have held for 2 years prior to lodging applicant’s application.
• If the applicant intends to stay in regional area, then applicant must have an assets valued at least A$500,000. The assets must be legally owned and acquired by applicant and applicant’s spouse and available for transfer to Australia. All theses assets must have been held for 2 years prior to lodging applicant’s application.
• Applicant must be able to do the designated investment of A$750,000 in the state who has nominated applicant’s application.
• If the applicant intends to say in regional area, applicant must be able to do the designated investment of A$500,000 in the state who has nominated applicant’s application.
• Applicant must meet certain health requirements and may need to undergo a health examination.
• Applicant must be of good character for applicant to enter Australia.
• Applicant must have proof that applicant and applicant’s spouse have health insurance package for applicant’s stay in Australia.

Applying for Visa in this option

There are two steps in the application process for this visa. Applicant need to complete each step before progressing to the next.

• Step I- Applicant must apply for sponsorship from the state/territory in which applicant intend to go into business.
• Step II- Applicant must complete and lodge applicant application
• Step III – After approval of applicant application pay fee of A$ 8505 per person before the stamping of applicant visa.

Definitions

Eligible Investment

An eligible investment that is owned by the person for the purpose of producing a return by way of income or capital gain and is not held for personal use is one of the following:

• an ownership interest in a business
• a loan to a business
• cash on deposit
• stocks and bonds
• real estate
• gold or silver bullion

Unencumbered is:

• not encumbered with a burden
• having no liabilities
• not subject to financial obligation

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

Senior Executive (Provisional) Visa - Subclass 161

This visa is designed for people who are holding senior Executive positions with management experience in a large multi national/overseas organization and has occupied a position in the three highest levels of the management structure of a major business. In that occupation he was responsible for the strategic policy development, which was affecting a major component or a wide range of operations of that major business and have done so for at least two of the four fiscal years before applying for this visa.

To qualify for this subclass, he must be sponsored by a state or territory and the Senior Executive must be less than 45 years of age.

He also has to pay a non-refundable visa charge when he lodges his visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules of the test)

This visa allows the holder to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allows him to study in Australia
• Has the family accompany him to Australia. They will have access to work and study rights. Those who can accompany him includes his spouse and children

A dependent child is one who is the natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married) and being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on the applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

This visa is a temporarily visa for 4 years. Visa allows the holder to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• The applicant must be below 45 years of age
• The applicant should have an overall successful business career.
• An appropriate regional authority of a state or territory government must sponsor the applicant.
• The applicant has occupied a higher lever position in the three highest levels of the management structure of a major business. In that position the applicant were responsible for the strategic policy development affecting a major component or a wide range of operations of that major business, and have done so for at least 2 of the 4 fiscal year before the applicant apply.
• The applicant (and the applicant’s spouse) total assets have a net value of at least A$ 500,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
• The applicant (or the applicant spouse) has sufficient assets to settle in Australia.
• The applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• The applicant must meet certain health requirements and may need to undergo a health examination.
• The applicant must be of good character for the applicant to enter Australia.
• The applicant and depdendents aged 18 years or over, are required to sign an Australian values statement. The statement is included in the visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement the applicant and the dependents over 18 years are required to have read, or had explained to them, material made available by the government on life in Australia which is contained in the Life in Australia book.

Applying for Visa in this option

There are two steps in the application process for this visa. The applicant needs to complete each step before progressing to the next.

• Step I- The applicant must apply for sponsorship from the state/territory in which he intend to go into business.
• Step II- The applicant completes and lodges his application

Definitions

• Eligible Family Members
• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

State/Territory Sponsored Business Owner (Provisional) Visa - Subclass 163

This visa is designed for business people who are owners or part owners of an overseas business and have been employed in a senior management role for at least 4 years and a genuine and realistic commitment to participate in a business or more than one business to eligible to stay in Australia for 4 years to establish new business or invest in a existing business in Australia.

To qualify for this subclass, an appropriate regional authority of a state or territory must sponsor applicant and the business owner must be less than 55 years of age. In addition, the Applicant has to pay a non-refundable visa charge when applicant lodges applicant’s visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the primary applicant if he fails to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules
• Third installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules.

This visa allows applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allow applicant to study in Australia
• Have applicant’s family accompany applicant to Australia. They will have access to work and study rights. Those who can accompany applicant includes applicant’s spouse and children

A dependent child is one who is the natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

This visa is a temporarily visa for 4 years. Visa allows applicant to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• Applicant must be below 55 years of age
• Applicant has an overall successful business career.
• An appropriate regional authority of a state or territory government must sponsor applicant.
• Applicant must have an ownership interest in a main business (or two main business combined) with an annual turnover of at least A$ 300,000 for at least two (2) of the four (4) fiscal years immediately before applicant apply OR
• Applicant is a Senior Manager
• As a Senior Manager applicant must have completed at least three years of Bachelor Degree
• At least 5 years of experience and has been employed for at least 3 years (not counting experience mentioned in the first dot point below) in the kind of employment to which the qualifications or experience mentioned above relates to.
• Has appropriate formal qualifications, acquired after at least 3 years full time study (or part time equivalent) OR
• Has at least 5 years appropriate experience and
• Has a sound and continuous employment record, for at least 3 of the 5 years immediately before the application is made, in a position or positions in a qualifying business or businesses requiring the occupant to:
• Make decisions about how the whole or a substantial part of the activities of the business is to be managed
• Take responsibility for the day to day running of the business or part of the business
• If appropriate to the structure of the business, have management responsibilities over other functional managers.
• Applicant (and applicant’s spouse) total assets have a net value of at least A$ 250,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
• Applicant (or applicant’s spouse) have never been involved in unacceptable business activities.
• Applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• Applicant must meet certain health requirements and may need to undergo a health examination.
• Applicant must be of good character for applicant to enter Australia.
• If applicant are aged 18 years or over, applicant are required to sign an Australian values statement. The statement is included in applicant’s visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement applicant are required to have read, or had explained to applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are two steps in the application process for this visa. Applicant need to complete each step before progressing to the next.

• Step I- Applicant must apply for sponsorship from the state/territory in which applicant intend to go into business.
• Step II- Applicant must complete and lodge applicant application.

Definitions

Senior manager

Means a person who:

• Has appropriate formal qualifications, acquired after at least 3 years full time study (or part time equivalent) or
• Has at least 5 years appropriate experience and has been employed for at least 3 years (not counting experience mentioned in the first dot point below) in the kind of employment to which the qualifications or experience mentioned above relates to. and
• Has a sound and continuous employment record, for at least 3 of the 5 years immediately before the application is made, in a position or positions in a qualifying business or businesses requiring the occupant to:

1. make decisions about how the whole or a substantial part of the activities of the business is to be managed
2. take responsibility for the day to day running of the business or part of the business
3. if appropriate to the structure of the business, have management responsibilities over other functional managers.

• If required under Australian law to be registered or licensed — is so registered or licensed.

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

State/Territory Sponsored Senior Executive (Provisional) Visa - Subclass 164

This visa is designed for people who are holding senior Executive positions with management experience in a large multi national/overseas organization and applicant has occupied a position in the three highest levels of the management structure of a major business. In that occupation applicant was responsible for the strategic policy development, which was affecting a major component or a wide range of operations of that major business and has done so for at least two of the four fiscal years before applying for this visa.

To qualify for this subclass, applicant must be sponsored by an appropriate regional authority of a state or territory and the primary applicant must be less than 55 years of age.

Applicant also has to pay a non-refundable visa charge when applicant lodges applicants’ visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the primary applicant if he fails to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules
• Third installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules.

This visa allows applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allow applicant to study in Australia
• Have applicant’s family accompany applicant to Australia. They will have access to work and study rights. Those who can accompany applicant includes applicants spouse and children

A dependent child is one who is

The natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

This visa is a temporary visa for 4 years. Visa allows applicant to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• Applicant must be below 55 years of age
• Applicant has an overall successful business career.
• An appropriate regional authority of a state or territory government must sponsor applicant.
• Applicant has occupied a higher lever position in the three highest levels of the management structure of a manor business. In that position applicant were responsible for the strategic policy development affecting a major component or a wide range of operations of that major business, and have done so for at least 2 of the 4 fiscal year before applicant apply.
• Applicant (and applicants spouse) total assets have a net value of at least A$ 250,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
• Applicant (or applicant spouse) have sufficient assets addition to above to settle in Australia.
• Applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• Applicant must meet certain health requirements and may need to undergo a health examination.
• Applicant must be of good character for applicant to enter Australia.
• If applicant and/or any of the dependents are/is aged 18 years or over, there is a requirement to sign an Australian values statement. The statement is included in applicant’s visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement applicant are required to have read, or had explained to applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are two steps in the application process for this visa. Applicant need to complete each step before progressing to the next.

• Step I- Applicant must apply for sponsorship from the state/territory in which applicant intend to go into business.
• Step II- Applicant must complete and lodge applicant’s application

Definitions

Eligible Investment

An eligible investment that is owned by the person for the purpose of producing a return by way of income or capital gain and is not held for personal use is one of the following:

• an ownership interest in a business
• a loan to a business
• cash on deposit
• stocks and bonds
• real estate
• gold or silver bullion

Unencumbered

Unencumbered is:

• not encumbered with a burden
• having no liabilities
• not subject to financial obligation

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.

State/Territory Sponsored Investor (Provisional) - Subclass 165

This visa is designed for business people who have a successful business career or investment portfolio and are ready to invest funds in Australia for 4 years. Before the stamping of the visa applicant have to make a government approved designated investment of at least A$ 750,000 in a state or territory of Australia where applicant have received a nomination.

To qualify for this subclass, applicant must be sponsored by a state or territory and the applicant must be less than 55 years of age.

Applicant also has to pay a non-refundable visa charge when applicant lodges the visa application. The charges are as per following details:

Note on fee payment

• Second installment is required to be paid by the primary applicant if he fails to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules
• Third installment is required to be paid by the spouse and dependants over 18 years of age, if they fail to score and provide an IELTS test report with a band of at least 4.5 in each of the four test modules.

This visa allows applicant to

• Work in a new or existing business in Australia
• Visit in and out of Australia as many times as long as the visa is valid
• Allow applicant to study in Australia
• Have applicant’s family accompany applicant to Australia. They will have access to work and study rights. Those who can accompany applicant includes applicants spouse and children

A dependent child is one who is

The natural or adopted child, or step-child, or a person (other than a child who has a spouse or is engaged to be married), being a child who:

• Has not turned 18 years of age or
• Has turned 18 years of age and is dependent on applicant or
• Is incapacitated for work due to the total or partial loss of the child’s body or mental functions.

This visa is a temporary visa for 4 years. Visa allows applicant to travel to an enter Australia for four years from the date the visa is granted.

Eligibility Criteria

• Applicant must be below 55 years of age
• An appropriate regional authority of a state or territory government must sponsor applicant.
• Ready to make a government approved designated investment of at least A$ 750,000 at the time of decision of applicant’s application.
• Applicant has one year of business career in the last five years i.e. Applicant has maintained direct involvement in either managing a qualifying business in which applicant and applicant’s spouse together had an ownership interest of at least 10% of the total value of the business Or
• Applicant has maintained direct involvement in managing applicant’s (applicant and applicant’s spouses combined) eligible investments. The total value of that investment was at least A$ 750,000.
• Applicant has a total of at least 3 years of management experience in a qualifying business or eligible investments and also shows a high level of management experience in a qualifying business activity or eligible investment.
• Applicant (and applicants spouse), total assets, has a net value of at least A $ 1,125,000 for the 2 fiscal years before applicant apply.
• Applicant has a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in the management of that business.
• Applicant must meet certain health requirements and may need to undergo a health examination.
• Applicant must be of good character for applicant to enter Australia.
• If applicant are aged 18 years or over, applicant are required to sign an Australian values statement. The statement is included in applicant’s visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement applicant are required to have read, or had explained to applicant, material made available by the government on life in Australia. This is contained in the Life in Australia book.

Applying for Visa in this option

There are three steps in the application process for this visa. Applicant need to complete each step before progressing to the next.

• Step I- Applicant must apply for sponsorship from the state/territory in which applicant intend to go into business.
• Step II- Applicant must complete and lodge applicant application
• Step III – To make a designated investment of A$ 750,000 with government for 4 years. This investment must be made before applicant enter Australia and before exipiry of applicant health and character clearances. Applicant will be paid interest every 6 months of the designated investment.

Definitions

Eligible Investment

An eligible investment that is owned by the person for the purpose of producing a return by way of income or capital gain and is not held for personal use is one of the following:

• an ownership interest in a business
• a loan to a business
• cash on deposit
• stocks and bonds
• real estate
• gold or silver bullion

Unencumbered

Unencumbered is:

• not encumbered with a burden
• having no liabilities
• not subject to financial obligation

Eligible Family Members

• the applicant’s spouse
• the applicant’s or the applicant’s spouse's dependent child
• other dependent relatives living with the applicant

Main Business

A Business is a 'main business' in relation to the applicant if:

• the applicant has, or has had, an ownership in the business and
• the applicant maintains, or has maintained, direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business and
• the value of the applicant's ownership interest, or the total value of the ownership interests of the applicant and the applicant's spouse, in the business is or was at least 10% of the total value of the business and
• the business is a qualifying business

Net assets

The 'net assets' of a business is amount attributable to the owners or shareholders of the business after deducting financial claims upon the business by third parties from total assets ( Net assets = total assets - liabilities)

Ownership interest

In relation to a business, means an interest in the business as:

• a shareholder in a company that carries on the business; or
• a partner in a partnership that carries on the business; or
• the sole proprietor of the business including such an interest held indirectly through one or more interposed companies, partnerships or trusts.

Provisional

A provisional visa under the Business Skills Category is a temporary 4 year visa.

Qualifying business

Is an enterprise that:

• is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public
• is not operated primarily or substantially for the purpose of speculative or passive investment.

Vocational English

Means the applicant have a reasonable command of the English language. The applicant must be able to read, write, understand and speak English well enough to communicate effectively for most purposes and in the applicant own field of business.