Australia Business Owner Visa (Subclass 163)

If you have a successful investment history or business records, then why not expand your new ideas and concepts in Australia. If you are a Business Owner, Senior Executive, or Investor then you can apply for the Australia Business Owner Visa.

Usually those granted the Australia Business Owner Visa will temporarily settle in Australia for 4 years, followed by the option of applying for permanent residency (after satisfactory evidence of business or investment activity).

To apply for the Australia Business Owner Visa (Subclass 163) you must provide evidence of:

• Doing well in your business career.
• Your latest ownership interest or net assets in an eligible business.
• Professional, technical or trade service has taken no longer than 50% of your time.
• Satisfactory funds to conduct or establish a business in Australia.

Basic eligibility Requirements for the Australia Business Owner Visa (Subclass 163):

• You hold vocational English.
• Meet all the Australian immigration character and health requirements.
• Make evident the need to live temporarily in Australia to conduct or establish a business.
• You have demonstrated a successful business career and are of a senior managerial role.
• You must have had ownership interest in one or two main businesses combined, with a minimum turnover of AU$300,000 annually for at least 2 of the last financial years prior to you application.
• Total assets (including spouses) have a net value of AU$250,000 and are accessible for the business development. (Transfer of the funds must be within 2 years from the Visa being granted).
• You are under 55 years old at the time of application (unless your business is of exceptional economic benefit which will be decided by the regional authority).
• Neither you nor your spouse to have been involved in an investment/business that is not usually accepted in Australia.
• Your professional, technical or trade service has taken no longer than 50% of your time.
• Your commitment to holding and maintaining an ownership interest in a qualifying business in Australia is legitimate.

Frequently Asked Questions

How long does it take to arrange my Australia Business Owner Visa?
Around 3-6 months.
Do I need a business plan?
You will need to provide a 5 year forecast and evidence that you have researched your business proposal. We can help you with your business plans on request.