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| State/Territory Sponsored Senior Executive 164 |
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To be eligible
You need to show that:
 You have been sponsored by an appropriate regional authority of a State or Territory government;
You have an overall successful business career;
For at least 2 of the 4 years immediately before the application is made, you have occupied a position in the 3 highest levels of the management structure of a major business* in which you were responsible for strategic policy development affecting a major component or a wide range of operations of that major business;
Your (or your and your spouse’s combined) business and personal assets have a net value of at least AUD250,000, which are lawfully acquired and available to transfer to Australia within 2 years after the grant of a State/Territory Sponsored Senior Executive (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 55 years at time of application or you are proposing to establish or participate in a business that your sponsoring State or Territory has determined is of exceptional economic benefit to the State or Territory;
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 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 State/Territory Sponsored Senior Executive (Provisional) visa. |
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