Business Owner - Permanent Residence Visa

Criterion	Unsponsored (Subclass 890)	Sponsored (Subclass 892)
Business Activity	Evidence of at least 2 years continuous qualifying business (to be defined by PAM)	Same
Ownership Interest	Continuous ownership interest of at least 10% in a main business or businesses throughout the period of at least 2 years preceding application.	Same
Management Role	In each of the 2 years preceding application has maintained direct and continuous involvement in management of the business from day to day at a senior level, and has made decisions affecting the overall performance and direction of the business.	Same
Number of Employees	At least two employees in business who are Aust citizens, PR or NZ passport holders, but not including MFUs for 12 mths prior to application.	At least one employee in business who are Aust citizens, PR or NZ passport holders, but not including MFUs for 12 mths prior to application.
Turnover	Turnover of not less than A$300,000 in the previous 12 months. To be evidenced by BAS.	Turnover of not less than A$200,000 in the previous 12 months. To be evidenced by BAS.
Net Assets in Business	A$100,000 minimum in business for 12 months prior to application.	A$75,000 minimum in business for 12 months prior to application.
Net Assets in Australia	A$250,000 for at least 12 months prior to application. (main applicant and spouse)	Same
Evidence of compliance with Aust Tax Law	Must demonstrate that each business has an ABN and all BAS have been lodged for the 2 year period in business.	Same
English	Not Applicable	Not Applicable
Age	Not Applicable	Not Applicable
Presence in Australia	At least 12 cumulative months in the previous 2 years physically in Aust prior to application as holder of a temp Bus Skills (Class UR) visa.	At least 12 cumulative months in the previous 2 yrs physically in Aust prior to application as holder of a temp Bus Skills (Class UR) visa, or, 457 IE or 457 IE FAO visa.
Business Background	No record of involvement in activities not generally acceptable in Australia.	Same
Health	Medical as required, waivable.	Same
State/Territory gov involvement	Not Applicable	Sponsorship from S/T government under Form 949.
BSC Obligations	Not Applicable	Not Applicable
Qualifying Visas	Must hold a BS (prov) visa at time of application as either primary applicant or spouse.	Same

Investor - Permanent Residence Visa

Criterion	Unsponsored (Subclass 891)	Sponsored (Subclass 893)
Investment	Have held Designated Investment for the minimum 4 years immediately before the application is made.	Have held Designated Investment for the minimum 4 years immediately before the application is made, in the Designated S/T.
Presence in Australia	Have lived in Australia for a total of 2 years in the 4 years immediately before the application is made.	Have lived in the State/Territory in which the sponsoring regional authority is located for a total of 2 yrs in the 4 yrs immediately before the application is made.
Business Background	No record of involvement in activities not generally acceptable in Australia.	Same
Genuine Commitment to do business	Have a realistic commitment to continue to maintain a business or investment activity in Australia.	Same
Health	Medical as required, waivable.	Same
State/Territory gov involvement	Not Applicable	Sponsorship from S/T government.
BSC Obligations	Not Applicable	Not Applicable
Qualifying Visas	Must hold a BS (prov) Invester visa at time of application.	Must hold a S/T sponsored BS(prov) visa at time of application.

Please contact us for detailed information from our Australian immigration consultants.