Business Owner (Residence) Category

To qualify for this visa, you need to show that:

• You are the holder of a Business Owner (Provisional), a State/Territory Sponsored Business Owner (Provisional), a Senior Executive (Provisional), a State/Territory Sponsored Senior Executive (Provisional) visa, an Investor (Provisional) or a State/Territory Sponsored Investor (Provisional) visa;
• You have had and continue to have an ownership interest in one or more actively operating main businesses in Australia for at least 2 years immediately before the application is made; and
• For each of the businesses, an Australian Business Number has been obtained and all Business Activity Statements required by the Australian Taxation Office and certified copies of these are included in the application;
• Throughout the 12 months immediately before the application is made, the net value of your (or your and your spouse;s combined) assets in the main business or main businesses in Australia is at least A$100,000;
• In the 12 moths immediately before the application is made, your main business or main businesses together, had a turnover of at least A$300,000;
• Throughout the 12 months immediately before the application is made, your (or your and your spouse's ) main business or main businesses employed at least the equivalent of 2 full-time employees who are Australian citizens, Australian permanent residents or New Zealand passport holders and who are not members of your family unit;
• Throughout the 12 months immediately before the application is made, the net value of your (your and your spouse's combined) personal and business assets in Australia has been at least A$250,000;
• Neither you nor your spouse have a history of involvement in business activities that are of a nature that is not generally acceptable in Australia;
• You have been in Australia as the holder of one of the qualifying visas for a total of at least one year in the 2 years immediately before the application is made.

State/Territory Sponsored Business Owner (Residence) category

To qualify for this visa, you need to show that:

• You have been sponsored by an appropriate regional authority of a State or Territory government;
• You are the holder of a Business Owner (Provisional), a State/Territory Sponsored Business Owner (Provisional), a Senior Executive (Provisional), a State/Territory Sponsored Senior Executive (Provisional) visa, an Investor (Provisional), a State/Territory Sponsored Investor (Provisional) visa or a Business (Long Stay) Independent Executive visa;
• You have had and continue to have an ownership interest in one or more actively operating main businesses in Australia for at least 2 years immediately before the application is made; and
• For each of the businesses, an Australian Business Number has been obtained and all Business Activity Statements required by the Australian Taxation Office and certified copies of these are included in the application;
• Unless the appropriate regional authority has determined that there are exceptional circumstances, you must at least 2 of the following 3 requirements:
  • Throughout the 12 months immediately before the application is made, your (or your and your spouse's) main business or main businesses employed at least the equivalent of one full-time employee who is an Australian citizen, Australian permanent resident or New Zealand passport holder, and who is not a member of your family unit;
  • Throughout the 12 months immediately before the application is made, the net value of your (your and your spouse's combined) personal and business assets in Australia has been at least A$250,000;
  • Throughout the 12 months immediately before the application is made, the net value of your (or your and your spouse;s combined) assets in the main business or main businesses in Australia is at least A$75,000;
• In the 12 moths immediately before the application is made, your main business or main businesses together, had a turnover of at least A$200,000;
• Neither you nor your spouse have a history of involvement in business activities that are of a nature that is not generally acceptable in Australia;
• You have been in Australia as the holder of one of the qualifying visas for a total of at least one year in the 2 years immediately before the application is made.