- As of 1 March 2003 a new Business Migration program applies.
The new program replaces all existing business migration categories,
and consists primarily of a two-stage application process. At the first
stage business migrants can apply for a provisional visa. Once granted
the provisional visa, business migrants have 4 years within which to
satisfy all the requirements of the business skills (residence) visa
and apply for permanent residence.
- Applicants applying for
any of the business skills visas, be it at the provisional or permanent
residence stage, can apply for State/Territory government sponsorship.
If such sponsorship is obtained, the requirements are significantly
lower than under the un-sponsored categories.
The categories under the Business Skills Heading are:
- Business Owners: Owners or part owners of a business
- Senior Executives: senior executive employees of major businesses
- Investors: investors/business people willing to invest in Australia
- Business Employees/ Managers: Senior managers with at least 4 years continuous employment
- Business Talent