This visa is designed for Temporary Visa holders who already have established
a successful business in Australia and wish to apply to remain permanently on
business skill grounds. The requirements of the Established Business Owner Visa
are:
- The applicant, the applicant's spouse, or the applicant and his or her
spouse together:
- Must have net business and personal assets of at least AUD$250,000.
- Are lawfully acquired and available for transfer to Australia within 2
years after the grant of the visa.
- Have been physically present in Australia on a temporary substantive
visa for at least 9 months cumulatively in the last 12 months.
- Have assets of at least AUD$100,000 in a business in Australia for
throughout the past 12 months
- Has a business that has a turnover of at least AUD$200,000 or exports of
at least AUD$100,000 in the last 12 months.
- Have had at least 3 full-time Australian employees (non family members)
or part-time pro-rata equivalent throughout the last 12 months.
- Have been directly involved in the day to day operation and overall
management direction of a business throughout the last 12 months.
In addition, applicants must pass a points test, which assesses applicants
based on:
- Age
- Language ability
- Business attributes
- Net assets
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