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Opportunities for Permanent Residency
Opportunities for Permanent Residency
Business Owner & Senior Executive (Provisional) Subclasses
It is a requirement of these visas that you obtain an ownership interest in a business in Australia for 2 years. If you do not do this, you may not be eligible to apply for a Business Skills (Residence) visa and you may have to leave Australia.
If you are unable to get into business in Australia, and cannot qualify for a Business Skills (Residence) visa, your family members will not be able to remain in Australia, unless they are able to qualify for another type of visa.
However, if you apply for a Business Owner (Residence) visa, one of the criteria requires you to have been physically present in Australia as the holder of a Business Skills (Provisional) visa for at least 12 months during the two years immediately prior to lodging your application.
Furthermore, you must have maintained a direct and continuous involvement with the day-to-day management of your business for at least 2 years prior to your application. Unless you were living in Australia during this time, it would be difficult for you to meet this requirement. If you are seeking to qualify for an Investor (Residence) visa, one of the criteria requires you to have been physically present in Australia for at least 24 months during the four years immediately prior to lodging your application.
To meet the criteria for a Business Skills (Residence) visa, however, you must have obtained an ownership interest in a business and have maintained a direct and continuous involvement with the day-to-day management of that business in Australia for a least 2 years prior to your application.
Therefore, it is unlikely that you would be able to apply for a Business Skills (Residence) within the first 2 years of your stay in Australia.
Investor (Provisional) Subclass
If you hold an Investor (Provisional) visa, you will be eligible to apply for a Business Skills (Residence) visa once your have maintained your investment in Australia for 4 years.
Therefore, you will not eligible for the grant of a Business Skills (Residence) visa until 4 years after your investment was made.
You should be aware that if you attempt to lodge your application for a Business Skills (Residence) visa at an earlier date, your application may be refused as you have not maintained your investment for the full 4 years.
If a family member also holds a Business Skills (Provisional) visa when your application for Business Skills (Residence) visa is lodged and that family member is included in your application for permanent residence, a new assessment of their dependency will not be made.
If your family member was not the holder of a Business Skills (Provisional) visa when your application for the Business Skills (Residence) is lodged, but is included in your application for permanent residence, an assessment of their dependency will be made.
If you are contemplating completing a visa application by yourself, save yourself a headache and many a sleepless night trying to interpret the Home Affairs website and contact My Australian Visa. Andre, Teresa and team did a fantastic job assisting me and my employer with a TSS Visa application. ...
I worked with Andre, Teresa and the team at My Australian Visa, in conjunction with the HR department at my sponsoring employer to apply for a Temporary Skills Shortage (TSS) visa for a new life in Australia. At every stage of the process my questions were answered quickly and accurately and I was ...
My name is Ioulianos. I have been in Australia six years and I just got my Permanent Residency ENS Subclass 186 Visa. Before I had used Andre and My Australian Visa for my 457 Visa. A big thank you to my Immigration Lawyer Andre and My Australian Visa team who helped me with the process. They are ...
Andre and his team demonstrated a high level of professionalism in handling our applications. My employer wanted to sponsor me but did not have Sponsorship approval. So we needed to do that application first and also the Nomination and my Temporary Skill Shortage (TSS) Subclass 482 Visa. Andre was ...
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