Obligations
As a State/Territory Sponsored Business Owner (Provisional) visa holder you are required to provide valuable input to the Australian economy. You are required to obtain a substantial ownership interest in a business in Australia or maintain your investment in Australia for four years. The business must achieve at least one of the following:
- Develop business links with international markets
- Create or maintain employment in Australia
- Export Australian goods
- Produce goods or services that would otherwise be imported
- Introduce new or improved technology
- Add to commercial activity and competitiveness within sectors of the Australian economy
In that business you must also:
- Actively participate at a senior level in the day-to-day management of that business
- Continue to make such genuine efforts to hold a substantial ownership interest.
You may be asked to complete a monitoring survey to provide us with information about your business activities in Australia.
Visa conditions
- You must not marry before you enter Australia
- You must enter Australia before anyone else included in your visa application
Note: This means your family members cannot enter Australia before you.
Change in circumstances
If your circumstances change, you must inform the department (in writing) as soon as possible.
See: Form 1022 Notification of Changes in Circumstances (88KB PDF file)
Applying for a permanent Business Skills visa
You may be eligible for a permanent Business Skills visa after holding this visa for a minimum of two (2) years. To be eligible for a permanent Business Skills visa you must meet all the obligations of this visa and additional requirements of the permanent Business Skills visa you apply for. Meeting these requirements may take you longer than two (2) years.
For information about the eligibility requirements for the permanent Business Skills visas.
See:
Business Owner (residence) (subclass 890)
State/Territory Sponsored Business Owner (residence) (subclass 892)