What's New for Business Visas

Changes to Business Skills visas effective 19 April 2010

On 19 April 2010, the following changes to the Business Skills Migration Program come into effect:

• increased minimum net business and personal assets required (visa subclasses 160, 161, 163, 164)
• increased business ownership share required (visa subclasses 132, 160, 163, 890, 892, 845, 846)
• removal of the senior manager option of the subclass 163 visa

See: Changes to the Business Skills Migration Program ( 96KB PDF file)

Information regarding business brokers

The Australian government does not endorse any business broker organisation to sell Australian businesses to potential business migrants.

There is no Australian government approved list of businesses for potential business migrants to purchase.

If you are a business owner, investor or senior executive overseas and you intend to migrate to Australia, you will not be guaranteed permission to enter Australia to operate a business unless you are granted an appropriate visa. You should take this into account before purchasing a business in Australia.

You may require Foreign Investment Review Board approval to purchase a business or property in Australia.
See: Foreign Investment Review Board

Australian government information on our business environment can be found online.
See: business.gov.au