State/Territory Sponsored Executive Provisional Visa

This visa is for Senior Executive employees of major businesses outside Australia, who have sufficient net assets and a genuine and realistic commitment to participate in the management of a new or existing business.

This visa will let you:

• establish a new or existing business in Australia,
• travel in and out of Australia any number of times as long as the visa is valid,
• have your family accompany you to Australia. They will have access to work and study rights. Your family includes your spouse and any dependants.

Duration

The initial four year provisional Australian business visa subclass can lead to Australian permanent residence. You may be eligible for a permanent Business Skills visa after holding this visa for a minimum of two (2) years.

Eligibility Criteria

Age

Applicant who through their experience have gained the skills to successfully manage a business in Australia, are less than 55 years old, and their family.

Sponsorship

The applicant needs to be sponsored by an appropriate regional authority of a State or Territory Government in Australia.

English

The visa applicant are not required to satisfy a vocational level of English, however, any applicant aged 18 years or more at the time of application who is assessed as not having ‘functional English’ must pay the second installment of the Visa Application Charge.

Business Experience:

The following requirements need to be satisfied by visa applicants:

• Have had a successful business career;
• Have personal and business net assets of at least AUD$ 250,000, which can be transferred to Australia within 2 years;
• Have spent at least 2 of the 4 years prior to application occupying a position in the top three levels of management, and be responsible for strategic policy development in a business;
• Have sufficient net assets to settle in Australia.

Health & Character

Australia has strict health and character requirements. The same has to be met before grant of visa. People attempting to migrate to Australia on an Australian business visa will be required to:

• Undergo a medical examination and chest x-ray undertaken by one of a panel of doctors selected by the Australian authorities, and;
• Obtain police certificates for all countries in which they have lived for more than 12 months in the 10 years leading up to the application.

Processing Times

The current processing time for migration to Australia on a business owner visa is 9-12 months, from the start of the process.