State/Territory Sponsored Senior Executive

(Provisional) Subclass 164

 

- Overall successful business career

- Net assets – business and personal AUD$250,000 lawfully acquired and capable of being transferred to Australia within 2 years

- Applicant and/or spouse have sufficient net assets to settle in Australia as determined by an appropriate regional authority

- For at least 2 out of 4 fiscal years immediately before the application is

made , applicant has occupied position in 3 of the highest management

levels and responsible for strategic policy development in major

business AUD$10 million turnover

- Sponsorship by appropriate regional authority required

- Genuine business commitment to establish or participate in active management of qualifying business in Australia and maintain substantial ownership interest

- Neither applicant or spouse has history of unacceptable business

activities

- Demonstrates need to be in Australia to conduct or establish business

activity in Australia

- Under 55 years of age unless business is endorsed by sponsoring state/territory government as being of exceptional economic benefit

- English language requirement - NIL

- Understand obligations as the holder of subclass 164

- Where applicant must be at time of decision

Outside Australia (primary applicant)

In Australia if holder of student visa (secondary applicant)

- Visa validity 4 years from entry expiry date

- Other Conditions Either 8502 or 8515 may be imposed