This residence visa are designed for people who have previously held a Provisional visa, and have already established a business in Australia, or become successful in an already-running purchased business. The prerequisite for this visa is a provisional visa or the pre-March 2003 Independent Executive Visa, subclass 457IE. (The subclass 457IE visa is no longer available).
Holders of the visa may apply for the State or Territory Sponsored Business Owner (Residence) Visa, Subclass 892.
When the candidate has an established business, permanent residence visas are generally easy to acquire. The requirements for the residence visas are lower than for provisional visas. The Australian government is happy to encourage skilled businessmen and businesswomen to remain in Australia.
ASSISTANCE WITH THIS VISA OR OTHER VISAS?
This is a complicated visa application and the outcome of any application is problematic. Each visa candidate must meet the demanding requirements of the visa application. Each must find sponsorship. The help of a migration agent is very strongly advised. Here is our general link to the Migration Agents Registration Authority so that you can better understand what migration agents do with regard to visas, their duties and your rights in regard to Agents’ work in Australian Visas and citizenship.