This visa is designed for Temporary Visa holders who already have established a successful business in Australia and wish to apply to remain permanently on business skill grounds.

This visa will let you:

• work in your established business in Australia;
• travel in and out of Australia any number of times as long as your visa is valid
• study in Australia;
• have your family accompany you to Australia, who will have the same entitlements as you;
• live in Australia as a permanent resident for five years (after 5 years, you will need to apply for a resident return visa).

The requirements of the Established Business Owner Visa are:

The applicant, the applicant's spouse, or the applicant and his or her spouse together:

• Must have net business and personal assets of at least AUD$250,000;
• Have been physically present in Australia on a temporary substantive visa for at least 9 months cumulatively in the last 12 months;
• Have assets of at least AUD$100,000 in a business in Australia for throughout the past 12 months;
• Has a business that has a turnover of at least AUD$200,000 or exports of at least AUD$100,000 in the last 12 months;
• have held an ownership interest of at least 10% in up to two main businesses in Australia for at least 18 months immediately before applying for permanent residency;
• Have had at least 3 full-time Australian employees (non family members) or part-time pro-rata equivalent throughout the last 12 months;
• Have been directly involved in the day to day operation and overall management direction of a business throughout the last 12 months.

In addition, applicants must pass a points test(score 105 points), which assesses applicants based on:

• Age
• Language ability
• Business attributes
• Net assets

Health requirement

The applicant and family members meet certain health requirements and may need to undergo a health examination

Character requirement

All family members of the applicant must be of good character to enter Australia.

Processing Times

The current processing time for migration to Australia on a business owner visa is 9-12 months, from the start of the process.