Business Visas
Australia's
business skills migration program
encourages successful business people
(business owners, investors and senior executives) to
settle permanently in Australia and develop new or existing
businesses in Australia
Under the new
two-stage arrangements introduced on 1 March 2003:-
- successful business migrants are first granted a
Business Skills (Provisional) visa for four years,
then
- after establishing the requisite level of business or
maintaining their eligible investment, are eligible to make
an application for a Business Skills (Residence) Visa
(permanent residence) - applied for in
Australia
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A direct permanent residence
category is still available for certain
business migrants sponsored by State/Territory governments.
This is known as the Business Talent
Visa
Who
can apply for a business skills visa ?
- business owner: for owners or
part-owners of a business;
- senior executive: for senior
executive employees of major businesses;
- investment: for investors/business
people willing to invest in Australia;
- buiness talent: for
high-calibre business people who have sponsorship from a
State/Territory government.
Persons who
are in Australia on temporary visas (existing 457 independent
executive visa holders - new applications for a 457ie were
discontinued on 1 March 2003) may still apply for Permanent
Residence under the following two categories: (or under
the new Business Owner (Residence)
visa)
- established business in Australia
(EBA): for people temporarily in Australia who are
owners or part owners of a business; and
- regional established business in
Australia (REBA): for people temporarily in
Australia who are owners or part owners of a business in a
designated area of Australia.
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