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Visas, Immigration and Refugees

Business People

State/Territory Sponsored Business Owner (Provisional) (Subclass 163)

Main Applicant Eligibility


You must meet the following requirements to be eligible for this visa. You must provide evidence of each of the requirements with your application.

Age

You must be less than 55 years old (except where the regional authority considers that the proposed business will be of exceptional economic benefit to the region.)

Sponsorship

You must be sponsored by an appropriate regional authority of a State or Territory Government.

Business Success

You must have an overall successful business career.

Business ownership or management record

You must have an ownership interest in a main business (or two main business combined) with an annual turnover of at least AUD300,000 in at least two of the four fiscal years immediately before you apply.
or
You are a senior manager (as defined).
See: Definitions

Significant assets

Your (and your partner's combined) total assets have a net value of at least AUD250,000 and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.

Additional assets

You have sufficient assets (additional to those above) to settle in Australia.

Business role

You have not been engaged in a business where the provision of professional, technical, or trade services took up more than half your time.

Acceptable business record

You (or your partner) have never been involved in unacceptable business activities.

Committed to business in Australia

You must have a commitment to maintain an ownership interest in a business in Australia and have direct and continuous involvement in management of that business

Need to live in Australia

You demonstrate there is a need to live in Australia on a temporary basis for business reasons.

Health requirement

You must meet health requirements to enter Australia.
See: Health Requirements

Character requirement

You must be of good character to enter Australia.
See: Character and Penal Clearance Requirements

Australian Values Statement

If you are aged 18 years or over, you are required to sign an Australian values statement. The statement is included in your visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement you are required to have read, or had explained to you, material made available by the government on life in Australia which is contained in the Life in Australia book.

The Life in Australia book provides more information on the values that Australians share and their way of life.
See:
Australian Values - Overview
Life in Australia Book

Application document checklist

The checklist provides all the information and supporting documents that you may be asked to provide with your application.
See: Application document checklist (71KB PDF file)

 

Before lodging an application, please read all related eligibility requirements.
See: Other eligibility