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.

Business Owner Visa – Subclass 890
Some Core Criteria:
The applicant must:
• Have had and continue to have an ownership interest in one or more actively operating main businesses in Australia for at least 2 years prior to application.
• Show that Australian Business Numbers have been obtained and all Business Activity Statements in respect to each such business, have been provided to the Australian Taxation Office.
• Have net assets (of the applicant or applicant’s spouse or both) in the main business/es throughout the prior 12 months at least AUD$100,000.
• Have had in the 12 months prior to application, an annual turnover of at least AUD$300,000 in the main business/es.
• Have throughout the 12 months preceding application, employed at least 2 full-time employees (or part-time employees working 2 full-time equivalent hours), each of whom was not the applicant or a member of the applicant’s family unit, but who was an Australian citizen/permanent resident/New Zealand passport holder.
• Have net business and personal assets in the applicant’s/spouse’s/both names throughout the 12 months immediately prior to application of at least AUD$250,000.
• Have held for at least 1 in the prior 2 years immediately prior to application, one of the Business Skills (Provisional) visas.
You should always seek specific advice before acting. The information provided is as a guide only. Regulations may change. Where hotlinks are made to external sites we cannot guarantee the accuracy thereof.

Investor Visa – Subclass 891
Some Core Criteria:
The applicant must:
• Have held for at least 2 in the prior 4 years before application, an Investor (Provisional) visa, Subclass 162.
• Have a genuine and realistic commitment after the grant of the permanent visa, to continue to maintain business or investment activity in Australia.
At the time the decision is made, the designated investment made by the applicant for the purpose of satisfying the grant of the Investor (Provisional) visa, must have been held continuously in the name of the applicant or in the applicant’s/spouse’s names for at least 4 years.
You should always seek specific advice before acting. The information provided is as a guide only. Regulations may change. Where hotlinks are made to external sites we cannot guarantee the accuracy thereof.

State/Territory Sponsored Business Owner Visa – Subclass 892
Some Core Criteria:
The applicant must:
• Have had and continue to have an ownership interest in one or more actively operating main businesses in Australia for at least 2 years prior to application.
• Show that Australian Business Numbers have been obtained and all Business Activity Statements in respect to each such business, have been provided to the Australian Taxation Office..
• Unless there are exceptional circumstances, to have satisfied at least 2 of the following:
- Throughout the 12 months prior to application, the main business/es must have employed at least one full-time employee (or equivalent part-time employees) who is not the applicant or a member of the applicant’s family unit and who was an Australian citizen/permanent resident/New Zealand passport holder.
- The net business and personal assets of the applicant/spouse/both has been throughout the 12 months prior to application, at least AUD$250,000.
- Total net assets in the names of the applicant/spouse/both names in the main business/es in Australia has been in the 12 months prior to application, at least AUD$75,000.
• In the 12 months prior to application, the main business/es together had an annual turnover of at least AUD$200,000.
• The applicant must have been in Australia as the holder of either of one of the Business Skills (Provisional) visas or as the holder of a Business (Long Stay) Independent Executive visa - Subclass 457, for at least 1 in the 2 years immediately prior to application.
You should always seek specific advice before acting. The information provided is as a guide only. Regulations may change. Where hotlinks are made to external sites we cannot guarantee the accuracy thereof.

State/Territory Sponsored Investor Visa – Subclass 893
Some Core Criteria:
The applicant must:
• The applicant must have been resident as the holder of a State/Territory Sponsored Investor (Provisional) visa – Subclass 165, in the sponsoring State/Territory for a total of at least 2 years in the 4 years immediately prior to application.
• The applicant has a genuine and realistic commitment after the grant of a Subclass 893 visa to continue to maintain business or investment activity in Australia.
At the time the decision is made, the designated investment made by the applicant for the purpose of satisfying the grant of the State/Territory Sponsored Investor (Provisional) visa – Subclass 165, must have been held continuously in the name of the applicant’s or the applicant and spouse’s names for at least 4 years.
You should always seek specific advice before acting. The information provided is as a guide only. Regulations may change. Where hotlinks are made to external sites we cannot guarantee the accuracy thereof.

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