State/Territory Sponsored Business Owner Visa (subclass 892)

Visa Feature:

This visa is ideal for people who own a new or existing business and are sponsored by a state or territory authority. This is a Permanent Residency visa and you can apply if you already hold a qualifying provisional business visa. This visa lets you to travel multiple times in and out of Australia for five years and allows you to bring family members to study, work, live in Australia.

Criteria – An applicant should

  • Hold a subclass 160, 161, 162, 163, 164 or 165 visa.
  • Have lived in Australia on this visa for at least 12 months in the last 2 years.
  • Have owned, managed and operated a business in Australia for at least 2 years.
  • Be nominated by an Australian state or territory government agency.
  • Refrain from getting involved in any unacceptable and unethical business activities
  • Meet business, health and character requirements including all family members on the applicant.

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