Australian Business Migration Programme

Provisional visa categories (Subclass 163)

State /Territory Sponsored Business Owner (Provisional) Category

To be eligible

You need to show that :

1.
You have been sponsored by an appropriate regional authority of a State or
  Territory government ;
   
2.
You have an overall successful business career ;
   
3.
For at least 2 of the 4 fiscal years immediately before the application is
  made, you had an ownership interest in up to 2 main businesses that had a combined annual turnover of at least A$300,000 ;
   
4.
Your (or you and spouse’s combined) business and personal assets have
  net value of at least A$250,000 which are available for the conduct or establishment of a business in Australia and are lawfully acquired and available for transfer to Australia within 2 years of the grant of a State/Territory Sponsored Business Owner(Provisional) visa ;
   
5.
You (or you and spouse together) have business and personal assets, in
  addition to the assets mentioned above, that are of a sufficient net value to settle in Australia ;
   
6.
You are aged less than 55 years at time of application or you are proposing
  to establish or participate in a business that your sponsoring state or territory has determined is of exceptional economic benefit to state or territory;
   
7.
You have not been engaged in a business where the provision of
  professional, technical or trade services took up more than 50% of your time;
   
8.
Neither you or your spouses have a history of involvement in business or
  investment activities that are of a nature that is not generally acceptable in Australia
   
9.
You have a realistic commitment to establish or participate in a qualifying
  business in Australia and maintain a substantial ownership and direct and continuous involvement in the management of that business;
   
10.
You have demonstrated that there is a need to be temporarily in Australia to
  conduct or establish the proposed business activity;
   
11.
You have signed a declaration that you understand your obligation as the
  holder of a State/Territory Sponsored Business Owner (Provisional) visa.