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Overview

This visa is for experienced business owners, to operate a new or existing business in Australia.

Benefits

  • Stay in Australia permanently.
  • Work and study in Australia.
  • Enroll in Australia's public health care scheme, Medicare.
  • Sponsor certain relatives to come to Australia.
  • Travel to and from Australia for 5 years
  • Apply for Australian citizenship if eligible.

Requirements

  • Applicants must meet health and character (police clearance) requirements.
  • Net business assets of at least AUD400,000.
  • Net business and personal assets of at least AUD1.5 million.
  • Total annual turnover of at least AUD3 million.
  • Acquired state nomination that require net capital investment into corresponded states:
  • Victoria: AUD2.5 million
  • New South Wales: AUD3 million
  • South Australia: AUD1.5million investment or export AUD600,000 of South Australian Products/ Services; or employ 4 full time equivalent employees.
  • Queensland: AUD1.5 million
  • Tasmania: AUD1.5 million

Application Process

  • Step 1 - Submit an Expression of Interest (EOI).
  • Step 2 - Prepare proof of identity documents for you and all other applicants. You must also gather evidence of your assets and business activities.
  • Step 3 - Apply for the visa.
  • Step 4 - Receive the visa if eligible.