About this Visa
This visa is designed for high calibre business people who are owners or part owners of an overseas business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia. You must be sponsored by a state or territory government.
Who is this visa for?
This visa is for high calibre business people from overseas who are less than 55 years old, and their family.
How much will this visa cost?
You must pay a non-refundable visa charge when you lodge your visa application.
See: Business Development Visa Charges
What does this visa let me do?
With this visa you can:
- work in a new or existing business in Australia
- travel in and out of Australia any number of times as long as the visa is valid
- study in Australia
- have your family accompany you to Australia. They will have access to work and study rights
- live in Australia as a permanent resident for five years (after 5 years, you will need to apply for a resident return visa).
See: Five Year Resident Return Visa (Subclass 155)