Visa Details

This is a temporary visa for people who want to own and manage a business in Australia or invest in Australia. It can lead to permanent residency.

Requirements:

• Business Ownership or Investment: You must demonstrate a successful business career or the ability to make a significant investment in Australia.
• Age Requirement: Applicants must be under 55 years old, although this can be waived for exceptional business cases.
• English Language Proficiency: A certain level of English proficiency may be required (usually an intermediate level).
• Health and Character Checks: Like other visas, you will need to pass medical exams and provide police clearance certificates.
• Net Worth: You must show evidence of a certain level of financial resources (typically a minimum net worth of AUD 800,000 to AUD 1.5 million, depending on the stream).
• Business Proposal: You will need to provide a business proposal or a business plan