This is a permanent visa stream that allows entrepreneurs, investors and business-owners to continue their activity in Australia after meeting certain requirements.
The common requirements for this visa are:
- Must have current nomination from a State or Territory government, or Austrade and the sponsorship has not been withdrawn,
- Have no history of involvement of unacceptable business or invest activities in Australia;
- Have a genuine intention to continue business activities or investments in Australia; and
- Have complied with Australian laws including migration, taxation, superannuation and workplace relations.
What can you do with this visa?
- Stay in Australia indefinitely
- Work in Australia
- Study in Australia
- Medicare entitlement
- Travel to and from Australia for 5 years
- Apply for Australian citizenship if eligible
