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Australian 890 Business Owner Visas

This program is open to all foreign citizens who own and manage a business in Australia.

You Will Simply Need To Show

– you hold one of the following provisional visas granted on the basis that you or your current or former spouse or de facto partner satisfied the primary criteria:

  • Business Owner (Provisional) visa (subclass 160)
  • TSenior Executive (Provisional) visa (subclass 161).
  • Investor (Provisional) visa (subclass 162).
  • State/Territory Sponsored Business Owner (Provisional) visa (subclass 163)
  • State/Territory Sponsored Senior Executive (Provisional) visa (subclass 164)
  • State/Territory Sponsored Investor (Provisional) visa (subclass 165)

– you have lived in Australia on one of the above visas for at least 12 months in the past two years

– you own at least one of the following:

  • 51 per cent of a business with an annual turnover of less than AUD400 000.
  • 30 per cent of a business with an annual turnover of AUD400 000 or more.
  • 10 per cent of a business that is a publicly listed company.
  • 10 per cent of your main business in Australia if purchased before 19 April 2010.

It’s actually quite simple…

Benefits Of 890 Business Owner Visas:

This is a permanent residence visa. It lets you and any family members who have also been granted this visa to:

stay in Australia indefinitely

  • Work and study in Australia.
  • Enrol in Medicare, Australia’s scheme for health-related care and expenses.
  • Apply for Australian citizenship.
  • Sponsor eligible relatives for permanent residence.
  • Travel to and from Australia for five years from the date the visa is granted.

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