If you are granted a permanent business visa you will be able to
- live and work inAustraliaon a permanent basis
- sponsor your family members to live inAustralia
- have access to Medicare
- access social security payments
- study inAustralia
- be eligible for Australian citizenship
Employer Nomination Scheme (Subclass 186)
The Employer Nomination Scheme (Subclass 186) is intended for employers to sponsor overseas workers to work inAustraliaon a permanent basis.
There are applicable criteria for both the sponsoring business and the visa applicant.
The sponsoring business must:
- be lawfully operating inAustralia
- abide by Australian laws
- have a current training strategy for existing Australian employees, or a training plan if they are a new business
- have a need to fill a position
- give the employee an offer of permanent employment.
The visa applicant must:
- have been working inAustraliain the occupation for at least 2 years immediately before lodging the visa application (including 2 years with the nominating employer); or
- have qualifications that have been assessed as equivalent to Australian standards by the relevant assessing authority and, unless exceptional circumstances apply, have 3 years or more post-qualification full-time work experience in the nominating occupation; or
- have been be nominated for a position where they are paid a base salary the same as a highly paid executive (usually over $180,001).
- be under 50 years and have vocational English skills, unless exceptional circumstances apply.
For example, you may apply for a permanent visa after you have been the holder of either a Temporary Business (Long Stay) – Standard Business Sponsorship (Subclass 457) or a New Zealand Citizen Family Relationship (Temporary) Visa (Subclass 461).
You may also be eligible for the Employer Nomination Scheme if exceptional circumstances apply such as where you have been the holder of a Skilled – Graduate (Temporary) Visa (Subclass 485) and worked for 12 months and you have worked 20 hours/week on a student visa or if you are an overseas student and possess a degree/diploma required for the position you may not be required to have 3 years work experience related to the position.
The primary applicant will be required to demonstrate vocational or competent English.
The secondary applicant will be required to demonstrate functional English.
Where the salary proposed for the nominated worker is equal to or greater than $180 000), the sponsoring business is not required to provide evidence that this proposed salary is set according to the market salary rate for that occupation.
The position must be a highly skilled occupation that is on the Employer Nomination Scheme Occupation List (ENSOL) and a minimum salary must be paid in accordance with market rates.
The visa applicant must hold, any licence, registration or professional membership necessary to perform the role of the position.
The visa applicant may bring their family with them toAustralia. Family members will be given permission to work and study inAustralia. The visa applicant will have multiple travel into and out ofAustralia.
As an Australian permanent resident you can:
- live and work inAustraliaon a permanent basis
- have access to Medicare
- access social security payments
- study inAustralia
- be eligible for Australian citizenship
Established Business inAustralia(Subclass 845)
An Established Business Owner visa is a permanent visa.
If you are the holder of a temporary visa inAustraliaand have been involved in a businesses inAustralia, you can apply for an Established Business inAustralia(permanent) (Subclass 845) visa inAustralia.
The visa is granted to business persons who have a substantial ownership interest in a new or existing business and actively participate or are involved at senior executive/managerial level in the business or corporation.
In order to satisfy the criteria for this visa you must:
- have an overall successful business career.
- have had and continue to have an ownership interest and direct and continuous management in operating the main business inAustraliafor at least 18 months before making the application.
- been inAustraliafor at least nine months in the 12 months before lodging the application.
You must own:
- 51 per cent of the business with a turnover of less than AUD400 000 per year or
- 30 per cent of the business with a turnover of AUD400 000 or more per year or
- 10 per cent if the business is a publicly listed.
You must also own:
- total net assets (personal & business) (including your partner) inAustraliafor the 12 months before applying for the visa is more than AUD250 000.
- total net assets in your business inAustralia(including your partner) inAustraliafor the 12 months before applying for the visa is more than AUD100 000.
You must have also been actively involved in and responsible for the day to day management and performance of your business.
You must have scored the relevant number of points in the Established Business Owner points test (The Department will assess this).
As the holder of an Established Business in Australia (Subclass 845) you can:
- work in your business inAustralia
- travel in and out ofAustraliaon multiple occasions
- sponsor your family to accompany you toAustralia
- live and work inAustraliaon a permanent basis.
- study inAustralia
Business Owner (Residence) (Subclass 890)
This is a permanent visa.
You will be eligible to apply for this visa if you have been the holder of one of the following provisional or temporary business visas for a total of at least 1 year in the two years immediately before applying for this visa:
- Business Owner (Provisional) (subclass 160)
- State/Territory Sponsored Business Owner (Provisional) (subclass 163)
- Investor (Provisional) (subclass 162)
- State/Territory Sponsored Investor (Provisional) (subclass 165)
- Senior Executive (Provisional) (subclass 161)
- State/Territory Sponsored Senior Executive (Provisional) (subclass 164)
You must own:
- 51 per cent of the business with a turnover of less than AUD400 000 per year or
- 30 per cent of the business with a turnover of AUD400 000 or more per year or
- 10 per cent if the business is a publicly listed.
In your businesses inAustraliayou must also have had direct and continuous management roles in those business for at least 2 years before applying for this visa.
You must also own:
- total net assets (personal & business) (including your partner) inAustraliafor the 12 months before applying for the visa is more than AUD250 000.
- total net assets in your business in Australia (including your partner) inAustralia for the 12 months before applying for the visa is more than AUD100 000.
Your main business (or 2 main businesses) had a turnover of at least AUD $300 000 in the last 12 months prior to applying for this visa.
You must have also lived inAustraliafor at least 1 year (cumulatively in the last 2 years) before applying for this visa.
State/Territory Sponsored Business Owner (Residence) (Subclass 892)
This is a permanent visa.
You must be sponsored by a State/Territory authority before you become eligible to apply for this visa.
You will be eligible to apply for this visa if you have been the holder of one of the following provisional or temporary business visas for a total of at least 1 year in the two years immediately before applying for this visa:
- Business Owner (Provisional) (subclass 160)
- State/Territory Sponsored Business Owner (Provisional) (subclass 163)
- Investor (Provisional) (subclass 162)
- State/Territory Sponsored Investor (Provisional) (subclass 165)
- Senior Executive (Provisional) (subclass 161)
- State/Territory Sponsored Senior Executive (Provisional) (subclass 164)
- Skilled Independent Regional (Provisional) visa (Subclass 475)
This visa is intended for business people to enterAustraliafor the purpose of owning a new or existing business.
The visa allows you to stay inAustraliaon a permanent basis for the purpose of owning a new or existing business. You must have held one of the qualifying provisional visas, be sponsored by a state/territory authority, and meet the requirements to be eligible for this visa.
People who have an ownership interest in an Australian business and are directly involved in managing that business.
You have been sponsored by an appropriate regional authority of a State/ Territory government.
You have had and continue to have, an ownership interest and direct and continuous management, in up to two actively operating main business in Australia for at least two years immediately before you apply.
You must own:
- 51 per cent of the business with a turnover of less than AUD400 000 per year or
- 30 per cent of the business with a turnover of AUD400 000 or more per year or
- 10 per cent if the business is a publicly listed.
You must satisfy at least 2 of the 3 following requirements (unless State/Territory authorities determine that exceptional circumstances exist):
- You own total net assets in your business inAustralia(including your partner) during the 12 months before applying for the visa is at least AUD $75,000;
- Your total net assets (personal & business) (including your partner) inAustraliafor the 12 months before applying for the visa is more than AUD250 000;
- Your businesses (or your partner’s businesses) in the 12 months before applying for this visa employed at least 1 full–time employee who was either an Australian citizen, Australian permanent resident or New Zealand passport holder, and they were not a member of your family.
Your main business (or 2 main businesses) had a turnover of at least AUD $200,000 in the last 12 months prior to applying for this visa.
Your business and residence must also be located in a designated regional or low growth area.
Investor visa
- An investor visa is for persons from outsideAustraliawho wish to make a designated investment inAustralia.
- State/Territory Sponsored Investor (Provisional) (Subclass 165)
- This is a temporary visa.
- This visa is for investors and business people.
- This visa is for investors and business people who have a successful business or investment career.
- They must also demonstrate a genuine and realistic commitment to investing inAustralia.
- You must be sponsored by a State or Territory body.
- You must be willing to make an investment in a designated investment inAustraliafor 4 years.
- You must be less than 55 years of age.
After you have been the holder of a State/Territory Sponsored Investor (Provisional) (Subclass 165) (Peter delete this sentence)
This visa is also the first step towards being granted a permanent Business Skills visa.
State/Territory Sponsored Investor (Residence) (Subclass 893)
This visa is designed for investors/business people who:
- have an overall successful record of business or investment activities
- have significant net assets
- are willing to invest funds in a designated investment inAustraliafor four years
- have a genuine commitment to maintain business and investment activity inAustralia.
- hold an Investor (provisional) visa
- are sponsored by a state/territory authority.
You must be the holder of a State/Territory Sponsored Investor (Provisional) visa inAustraliaand be inAustraliafor at least 2 of the 4 years before making the application before you can be granted this visa.
You must demonstrate a commitment to maintain a business or investment activity inAustralia.
At time of decision, you must have made a designated investment (in your name and/or your partner) continuously for at least 4 years.
Investor Retirement (Subclass 405)
The Investor Retirement (Subclass 405) visa is a temporary visa.
To be eligible to be granted an Investor Retirement (Subclass 405) visa you must be a self-funded retirees with no dependants or dependent children. You must also intend to retire inAustraliaand be 55 years or older and able to make a long term financial investment inAustralia.
You may live inAustraliafor 4 years and work up to 20 hours each week.
Investor (Residence) (Subclass 891)
The Investor (Residence) (Subclass 891) is a permanent visa.
This visa is designed for investors and business people.
To be eligible for this visa you must have been inAustraliafor at least 2 years, maintained your designated investments for at least 4 years and been the holder of a provisional or temporary visa.
Business Innovation and Investment (Provisional) (subclass 188) visa
The visa comprises two streams.
- The Business Innovation stream is for people seeking to own and manage a new or existing business in Australia.
- The Investor stream is for those who wish to make a designated investment in an Australian state or territory and wish to maintain business and investment activity in Australia after the original investment has matured.
Applicants must first lodge an Expression of Interest of interest, then be invited to apply for this visa. To be eligible to be granted this visa, applicants must be nominated by a state or territory government, be less than 55 years of age, have a successful business and/or investment history, have adequate personal and business assets and score at least 65 points on the innovation points test.
Business Innovation and Investment (Permanent) (subclass 888) visa
To obtain this permanent visa, the applicant must be the primary holder of a provisional Business Innovation and Investment visa (subclass 188). The applicant must have met the requirements of the previous visa in the stream in which they first applied, have not have been involved in any unacceptable business or investment activities, and be nominated by an Australian state or territory.
For information on applicable health and police checks, IELTS testing, and Assurance of Support (AOS)please click here.
For information on the Employer Nomination Scheme List (ENSOL) please click here.
For more information on Medicare, please click here.
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