Australian Senior Executive
Introduction:
This visa is created for senior executive employees of major overseas businesses, who have important net assets and a genuine and sensible commitment to contribute in the management of a new or existing business. This visa is also the first step towards being granted a permanent Business Skills visa.
Who Can Apply For This Visa?
Senior executives from overseas, who through their knowledge have gained the skills to successfully manage a business in Australia, are less than 45 years of age, and their family.
Eligibility Criteria:
These links provide information about the eligibility requirements for senior executives and their family members.
Visa Cost:
You must pay a non-refundable visa charge when you lodge your visa application.
See: Business Development Visa Charges
What Can I Do After Getting This Visa?
With this visa you can:
- Set up a new or existing business in Australia.
- Travel in and out of Australia any number of times as long as the visa is legitimate
- Have your family accompany you to Australia. They will have access to work and study rights. Your family includes your spouse and any dependants.
Obligation:
As a Senior Executive (Provisional) visa holder you are expected to give precious input to the Australian economy. You must obtain a considerable ownership interest in a business in Australia or maintain your investment in Australia for four years. In that business you must actively participate in the day-to-day management of that business at a senior level, and continue to make genuine efforts to hold a substantial ownership interest at a senior level in the day-to-day management of such a business.
In that business you must also do at least one of the following:
- Develop business links with international markets
- Create or maintain employment in Australia
- Export Australian goods
- Produce goods or services that would otherwise be imported
- Introduce new or improved technology
- Add to commercial activity and competitiveness within sectors of the Australian economy.
Duration of this visa:
This visa is valid for 4 years.
If the visa is granted while you are:
- In Australia (Student visa holders only), it is valid from the date of grant
- Outside Australia, it is valid from the entry ending date on your visa label.
Click here for more information about this visa