Appropriate visa holder
You are the holder of a temporary resident visa, which is not a special purpose visa (Border visa, Diplomatic visa, Domestic Worker visa, Transit visa, Maritime Crew visa or Superyatcht Crew visa) and you do not hold a bridging visa.
Business success
You have an overall successful business career.
Time in Australia
You have been in Australia for at least 272 days (approximately nine months) in the 12 months before you apply.
Ownership interest
You have had and continue to have, an ownership interest and direct and continuous management, in up to two actively operating main business in Australia for at least 18 months immediately before you apply. You must own at least:
51 per cent of the business where the turnover is less than AUD400 000 per annum
30 per cent of the business where the turnover is AUD400 000 or more per annum
10 per cent where the business is a publicly listed company.
A transitional provision is available if you have purchased a main business in Australia prior to 19 April 2010 and you are applying for this visa. Under these circumstances a minimum of 10 per cent ownership in a main business is required.
Significant assets
Your (or your and your partner's) total assets in Australia for the 12 months prior to applying were greater than AUD250 000.
Business assets
Your (or your and your partner's) total net assets in your main business (or two main businesses) in Australia for the 12 months prior to application were greater than AUD100 000.
Business involvement
You have been actively involved in, and directly responsible for, the day to day management and overall performance of your main business (or two main businesses).
Acceptable business record
You (or your partner) have never been involved in unacceptable business activities in Australia.
Points test
You must score at least 105 points in the established business in Australia points tests (the department will work out your points score from the information you give in your application). You can complete a preliminary assessment of your points score.
See: Points Test
Health requirement
You must meet certain health requirements and may need to undergo a health examination.
See: Health Requirements for Visa Applicants
Character requirement
All family members must be of good character to enter Australia.
See: Character and Penal Clearance Requirements |