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  Home >>Visa Informations- Australia >> Buisness owner category of Australia Visa


Business Owner (Provisional) Category
Sub Class 160

Additional Documentary Required
. For at least 2 of the 4 fiscal years immediately before the application is made, the applicant (or the applicant and his spouse together) have net assets in a qualifying business of at least A$200,000.

. For at least 2 of the 4 fiscal years immediately before the application is made, the applicant's main business, or main businesses together, had an annual turnover of at least A$500,000.

. The applicant (or the applicant's and his spouse's combined) business and personal assets should have a net value of at least A$500,000, which were lawfully acquired and available for transfer for Australia within 2 years after the grant of a Business. Owner (Provisional) visa plus sufficient assets available to settle in Australia (usually about A$50,000).

. The applicant should be good in spoken English.

. The applicant should not be engaged in a business where the provision of professional, technical or trade services take more than 50% of his time.

. The applicant must notify to the appropriate regional authority of a state or territory of his business history and intentions to develop a business in that state or territory.

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