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The Business Skills visa class of Australia's migration program encourages successful business people to settle permanently in Australia and develop new or existing businesses.
Business owners, senior executives and investors can apply for a visa under the Business Skills category at one of the three Business Skills Processing Centres
Under the two-stage arrangements introduced on 1 March 2003, business migrants are granted a Business Skills (Provisional) visa for four years and, after establishing the requisite level of business or maintaining their eligible investment, are eligible to make an application for a Business Skills (Residence) visa.
A direct permanent residence category will still be available for high-caliber business migrants sponsored by State/Territory governments. This is known as the Business Talent Visa
The Business Skills program is divided into four categories :
Business Owner category: for owners or part owners of a business;
Senior Executive category: for senior executive employees of major businesses;
Investor category: for investors/business people willing to invest in Australia;
Business Talent category: for high-caliber business people who have sponsorship from a State/Territory government.
In addition, the Business Skills program also has two categories for persons who are in Australia on temporary visas, other than the Business Skills (Provisional) visas :
Established Business in Australia category - for people temporarily in Australia who are owners or part owners of a business; and
Regional Established Business in Australia category - for people temporarily in Australia who are owners or part owners of a business in a designated area of Australia.
A Business Talent (Migrant) and the Business Skills (Residence) visas are permanent visas allowing permanent stay in Australia with a resident return facility valid for five years from date of grant.
A Business Skills (Provisional) visa is valid for four years. If the visa was granted in Australia, it is valid for four years from the date of grant. If the visa was granted outside Australia, the visa is valid for four years from the entry expiry date on your visa label.
Highlights : -
If you are granted a Business Owner or Senior Executive (Provisional) visa, you will be required to buy in to an existing business or establish a new business in Australia at least two years before your Business Owner or Senior Executive (Provisional) visa expires. This is because you must own and manage a business in Australia for at least two years in order to qualify for permanent residence.
Your business must also meet certain thresholds for you to qualify for permanent residency. You may need to allow extra time for your business to reach these thresholds, if the business is not already doing so.
If you are granted an Investor (Provisional) visa, you will be required to maintain your investment in Australia for four years.
Family members will hold Business Skills (Provisional) visas if you hold a Business Skills (Provisional) visa. If you are unable to get into business in Australia, and cannot qualify for a Business Skills (Residence) visa, your family members will not be able to remain in Australia, unless they are able to qualify for another type of visa.
The objective of the two-stage business skills process is to make permanent residence available to people who have been successful in getting into business in Australia or who have maintained their investment in Australia for four years. If you have achieved this, you will be able to apply for a Business Skills (Residence) visa.
The Business Skills (Provisional) visa allows you to depart and re-enter Australia as many times as you want during the four years validity period. You are not required to remain in Australia continuously. However, if you apply for a Business Owner (Residence) visa, one of the criteria requires you to have been physically present in Australia as the holder of a Business Skills (Provisional) visa for at least 12 months during the two years immediately prior to lodging your application.
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