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Synch1 Knowledge Base

Business Owner (Provisional) Visa

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To make an application for the business owner (provisional) Visa, you will need to show that you:

  • have an overall successful business career
  • have an ownership interest of at least 10% in a business
  • have significant net assets in business ($A200,000)
  • have significant business and personal assets ($A500,000)
  • have sufficient net assets to settle in Australia
  • have achieved a significant annual turnover in your business ($A500,000 for at least 2 of the last 4 fiscal years)
  • have direct and continuous management role in an overseas business
  • have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in management of that business
  • have no history of unacceptable business activities
  • are less than 45 years old
  • have vocational English

State Territory Sponsored Business Owner (Provisional) Visa

To make an application for the State Territory sponsored business owner (Provisional) Visa, you will need to show that you:

  • are sponsored by a State or Territory government
  • have an overall successful business career
  • have significant business and personal assets ($A250,000)
  • have achieved a significant annual turnover in your business ($A300,000) or have continuous employment record at senior level for at least 4 years
  • have sufficient net assets to settle in Australia
  • have direct and continuous management role in overseas business
  • have a commitment to maintain an ownership interest in a business in Australia and direct and continuous involvement in management of that business
  • have no history of unacceptable business activities
  • are less than 55 years old unless exceptional circumstances exist
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