Australia is one of the most popular places when it comes to applying for a business visa, student’s visa or may be any other type of visa since Australia is a great place and has many opportunities for everyone. After New Zealand, Australia is the next place that people apply for when it comes to a visa.
The Australian Business Visa is an opportunity for people who are into business. It holds a lot of importance to people in other sectors like investors, business owners and senior executives. It encourages many businessmen to settle down in Australia and either start or develop their existing business here.
Australian Business Visa can be categorized into two types:
Provisional Visa- This is a visa in which the visa holder should have an eligibility of permanent residence after the person has established his business in Australia.
Direct Permanent Residence- This is applicable for high caliber businessmen. In this the person has to be sponsored by the Territory or State government.
People who want to migrate their business to Australia need to go through two main stages to get the residency. These stages were introduced 1st March, 2003.
Stage 1- Usually people who apply for a visa are given a (Provisional) Business Skill Visa for which the duration is 4 years. After the person attains the required business level or those who maintain a suitable investment are eligible to apply for a (Residence) Business Skill Visa.
Stage 2- The second option that a person has is to get a direct permanent residence which is open to only high caliber business people. In this also, the person has to be sponsored by the territory or the State government. The Business Talent Visa is the second category.
There are 4 categories in the Business Skill Program:
1. The Business Owner category for owners or people who do not have complete ownership of a business.
2. The Senior Executive category for senior employees of big businesses.
3. The Investor category business people or investors. It is for people who want to invest in Australia.
4. The Business talent category is for high-caliber business people is for people who have been sponsored by the Territory or the State government.
Business Owner Visa (Provisional)
Australian Business Senior Executive Visa (Provisional)
Australian Business Investor Visa (Provisional)