NEW REGIME FOR BUSINESS SKILLS VISAS
General
From 1 March 2003, DIMIA has introduced a new scheme whereby the majority of Business Skills applicants initially apply for a Provisional Business Skills visa, and after providing satisfactory evidence of a specified level of business activity in Australia, may apply for a Permanent Business Skills visa....
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BUSINESS TALENT (MIGRANT) VISA
This visa gives direct and permanent residence for “high calibre” business applicants.

It is a visa which can be applied for, either onshore or offshore, but prior to such application, an applicant must have sponsorship of a State or Territory of Australia and possess a sponsorship form signed by the State Premier/Territory Chief Minister or their delegate. If the applicant is over 55 years of age, the State or Territory must consider and advise DIMIA that the business to be established or participated in by the applicant will be of exceptional economic benefit to the sponsoring State or Territory....
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BUSINESS SKILLS (PROVISIONAL) VISAS
There are 6 Business Skills (Provisional) visas, all of them designed to be 4 year temporary visas.
The first 3 are the Provisional Business Owner/Senior Executive/Investor visas, all of which are unsponsored. The remaining 3 are also Provisional Business Owner/Senior Executive/Investor visas, but all of these require Australian State or Territory sponsorship. Such sponsorship is not as demanding as that which will apply to the direct offshore, Business Skills, Business Talent (Migrant) visa. Even the unsponsored visa types, however, are required to notify the relevant State/Territory of their intention to commence business or participate in a business within that State or Territory....
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BUSINESS SKILLS (RESIDENCE) VISAS
There are 4 Business Skills (Residence) visas which are permanent visas requiring existing Business Skills visa holders to provide satisfactory evidence of a specified level of business activity in Australia.
Generally, primary applicants must be in Australia to make such an application and must hold one of a specified type of visa in order to make a valid application. For instance, the primary applicant seeking the grant of a permanent, Business Owner visa (Subclass 890) must hold one of the Business Skills (Provisional) visas (Subclasses 160 – 165). However, an primary applicant for a permanent Investor visa must specifically hold an Investor (Provisional) visa, Subclass 162...
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