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![]() | FREE ONLINE BUSINESS VALUATION CALCULATOR To determine or demonstrate the true earning power of the business (for the businesss owner-operator) by adjusting or adding back to the pre-tax net profit the owners salary, discretionary expenses, perks, depreciation, and interest expenses.
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See our FAQ's For further information on requirements for business visa's. For the Business Skills Points Test please click here Australian Business Migration Visas From March 1st 2003, Australian immigration law was amended to introduce a two-stage visa processing for business skills migrants. Under these arrangements, almost all business migrants are granted a provisional visa for four years. After establishing a business with the requisite level of business activity, or maintaining the requisite level of investment in Australia, provisional visa holders are eligible to apply for permanent residence. Requirements common to all Australia business visas are that you should have an overall successful business career, have significant business and personal assets, sufficient net assets to settle in Australia, and a commitment to obtain or maintain an ownership interest in a business in Australia, or, in the case of investors, make a significant deposit. In all cases you also have no history of unacceptable business activities
The Business Skills Visa categories (i) Business Talent (Migrant)(subclass 132) is for high calibre business people who are owners or part owners of an overseas business and have an overall successful business career, significant business assets and have a genuine and realistic commitment to participate as a principal in the management of a new or existing business. This category must be sponsored by a state/territory government. (ii) Business Skills (Provisional) visas A Business Skills (Provisional) visa is valid for four years.
Business Owner (Provisional)(subclass 160/163) is for people with a successful
business career, including senior management or ownership, who have significant
business assets and have a genuine and realistic commitment to participate as
a principal in the management of a new or existing business. Applicants in this
category may be sponsored by a state/territory government.
Senior Executive (Provisional)(subclass 161/164) is for senior executive employees
of major overseas businesses who have been responsible for strategic policy development
affecting a major component or a wide range of operations of that business, who
have significant net assets and a genuine and realistic commitment to participate
as a principal in the management of a new or existing business. Applicants in
this category may be sponsored by a state/territory government. Investor (Provisional) (subclass 162/165) is for investors/business people who have an overall successful record of business or investment activities, have significant net assets, are willing to invest funds in a designated investment in Australia for four years and have a genuine commitment to maintain business and investment activity in Australia. Applicants in this category may be sponsored by a state/territory government. (iii) Business Skills (Residence) Visas The Business Skills (Residence) category of visa is the second stage of Business Skills entry providing for permanent stay in Australia with a resident return facility valid for five years from the date of grant.
Business Owner (Residence) (subclass 890/892) is for people who hold a Business
Skills (Provisional) visa and have had an ownership interest in a business in
Australia for at least 2 years with significant personal and business assets,
turnover as well as a minimum number of employees. Applicants must have been in
Australia for at least one year in the two years immediately before applying.
Applicants in this category may be sponsored by a state/territory government. Investor (Residence) (subclass 891/893) is for people who have held a Investor (Provisional) visa and a Designated Investment for the minimum 4 years and who have lived in Australia for at least 2 years in the four years immediately before the application is made. Applicants in this category may be sponsored by a state/territory government. Temporary Business (Long Stay)(Independent Executive)(457IE) visa holders are able to apply for permanent residence in the:
Established Business in Australia (EBA) category or
Regional Established Business in Australia (REBA) category if sponsored by a state/territory
government or Business Owner (Residence) category, if sponsored by a state/territory government. In cases where Independent Executive visa holders are not yet able to meet visa criteria for permanent residence, they are still eligible to apply for an extension of their 457IE visa. If granted, this allows a two year visa extension. Source- IMMI Government website |
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