The Business Owner Visa Subclass 890 was designed for individuals who manage and own businesses in Australia. It allows individuals to live, work and remain in Australia indefinitely.
The Business Owner Visa Subclass 890 is a permanent resident visa and it’s valid for 5 years. Family members can also be included in this visa as secondary applicants.
There is a peculiar criteria in this visa in relation to the eligibility. You are only eligible for this visa if you have held a previous visa Subclass 160, 161, 162, 163 and 164, plus you still have to satisfy the primary criteria for the grant of this visa. Apart from that, you must have resided in Australia for a total of at least 1 year in the 2 years under one of the visa subclasses mentioned previously.
Some of criteria for the grant of this visa are:
- Own and manage a business in Australia.
- Meet assets and employees requirements.
- Meet character requirements.
- Not have any debts with the Australian Government. Your business also must not have any debts with the Australian Government.
- Not have had a cancelled or refused visa in Australia.
For more information in relation to the Business Owner Visa Subclass 890, please feel free to contact ross@crystalmigration.net or 02 9189 2988.