Migrating to Australia as Business Person
Australia has a comprehensive economic policy framework in place. The economy is globally competitive and remains an attractive destination for investment. Australia has a sound, stable and modern institutional structure that provides certainty to businesses.
The Business Migration program encourages successful business people to settle permanently in Australia and develop new or existing businesses. A new two-stage Business Migration scheme is now in place for Australia.
An overview of the business Skills Category and pathways to permanent residence follows:
- State/Territory Sponsored Business Owner (Provisional) category
- Business Owner (Provisional) category
- State/Territory Sponsored Senior Executive (Provisional) category
- Senior Executive (Provisional) category
- State/Territory Sponsored Investor (Provisional) category
To be eligible under this category the applicant should:
Be sponsored by an appropriate regional authority of a State or Territory government; Have an overall successful business career; Have an ownership interest in a main business or main businesses that had an annual turnover of at least A$ 300,000 for at least 2 of the 4 fiscal years immediately before the application is made or had a sound continuous business employment record in a senior management role on a qualifying business for at least 4 years immediately before the application is made and have demonstrated a high level of management skill. Have net value of business & personal assets (including spousal assets) at least A$ 250,000 and are available for transfer to Australia within 2 years after the grant of visa, plus sufficient assets available to settle in Australia; Be aged less than 55 years at the time of application.