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| Business Owner (provisional) Subclass 160 |
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To be eligible
You need to show that:
 You have an overall successful business career;
For at least 2 of the 4 fiscal years immediately before the application is made, you (or you and your spouse together) have net assets in a qualifying business of at least AUD200,000;
For at least 2 of the 4 fiscal years immediately before the application is made, your main business, or up to 2 main businesses together, had an annual turnover of at least AUD500,000;
Your (or your and your spouse’s combined) business and personal assets have a net value of at least AUD500,000, which are lawfully acquired and available to transfer to Australia within 2 years after the grant of a Business Owner (Provisional) visa;
You (or you and your spouse together) have business and personal assets, in addition to the assets mentioned above, that are of a sufficient net value to settle in Australia;
You are aged less than 45 years at time of application;
You have vocational English;
You have not been engaged in a business where the provision of professional, technical or trade services took up more than 50% of your time;
Neither you or your spouse have a history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia;
You have notified the appropriate regional authority of a state or territory of your business history and intentions to develop a business in that state or territory;
You have a realistic commitment to establish or participate in a qualifying business in Australia and maintain a substantial ownership and direct and continuous involvement in the management of that business;
You have demonstrated that there is a need to be temporarily in Australia to conduct or establish the proposed business activity;
You have signed a declaration that you understand your obligations as the holder of a Business Owner (Provisional) visa. |
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