Sunday, 18 December 2011 15:58

High Calibre Business Owner

Business Talent: Permanent Business Visa to Australia

To be eligible for the permanent Business Talent (Migrant) Visa to Australia, you will need to fulfil the following requirements:

  • You have been sponsored by a State/Territory government;
  • Had an overall successful business career;
  • For at least 2 of the last 4 fiscal years immediately before the application is made, you had an ownership interest in a main business, or main businesses (2), with an annual turnover of at least A$3million (each year);
  • For at least 2 of the last 4 fiscal years immediately before the application is made, you (or you and your spouse together) have net assets in a qualifying business (in which you held an ownership interest) of at least A$400,000;
  • Your business and personal assets (including your spouse) have a net value of at least A$1.5million which are available for the conduct or establishment of a business in Australia and are lawfully acquired and available for transfer to Australia within 2 years of the grant of your visa;
  • You are aged less than 55 at time of application, or you are proposing to establish or participate in a business that your sponsoring State/Territory has determined is of exceptional economic benefit to the State/Territory;
  • Neither you or your spouse has a history of involvement in business or investment activities of a nature not generally acceptable in Australia;
  • You have a genuine and realistic commitment to establish or participate actively in a qualifying business in Australia and to maintain and hold a substantial ownership level.

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