Australian Business Migration Programme

Permanent visa categories (Subclass 892)

State /Territory Sponsored Business Owner (Resident) 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 are the holder of a Business Owner (Provisional), a State/Territory
  Sponsored Business Owner (Provisional), a Senior Executive(Provisional), a State/Territory Sponsored Senior Executive (Provisional) visa, an Investor (Provisional), a State/Territory Sponsored Investor (Provisional) or a Business(Long Stay) Independent Executive Visa ;
   
3.
You have had, and continue to have, an ownership interest and direct and
  continuous management, in up to 2 actively operating main businesses in Australia for at least 2 years immediately before the application is made; and
   
4.
For each of these businesses an Australian Business Number has been
  obtained and all Business Activity Statements required by the Australian Taxation Office and are included in the application ;
   
5.
Unless the appropriate regional authority has determined that there are
  exceptional circumstances, you meet at least 2 of the following 3 requirements :
   
 
Throughout the 12 months immediately before the application is
  made, your (or your and your spouse’s) main business or main businesses employed at least the equivalent of one full-time employee who is an Australian citizen, Australian permanent resident or New Zealand passport holder, and who is not a member of your family unit;
   
Throughout the 12 months immediately before the application is
  made the net value of your (or your and your spouse’s combined) personal and business assets in Australia has been at least A$250,000;
   
Throughout the 12 months immediately before the application is
  made the net value of your (or your and your spouse’s combined) assets in the main business or main businesses in Australia is at least A$75,000 ;
   
In the 12 months immediately before the application is made, your main
  business or main businesses together, had a turnover of at least A$200,000, unless the appropriate regional authority has determined that there are exceptional circumstances, and you meet at least 2 of the above 3 requirements, and your principal business and usual place of residence are located in the same regional area of Australia ;
   
Neither you nor your spouse have history of involvement in business
  activities that are nature that is not generally acceptable in Australia ;
   
You have been in Australia as the holder of one of the qualifying visas for
  total of at least one year in the 2 years immediately before the application is made.