Obligations for Business visa holders
All applicants for Business Skills (Provisional) and Business talent (Migrant) visas are required to sign a declaration that they agree to meet certain obligations after arrival in Australia. These include:-
- They must notify DIAC of their residential address within 6 months after initial entry to Australia
- They must continue to notify DIAC of any subsequent changes to their residential address within 28 days of a change of address (includes any residential address outside Australia
Further onshore requirements and obligations:-
- Business Owner visas
- State sponsored Business owner visas
- Senior executive visa holders
- State sponsored Senior executive visa holders
These visa holders must after a period of time in Australia (within first 24 months after making their initial entry) provide input into the Australian economy by actively becoming involved as owners or part owners at a senior level in a business (or businesses) which do at least one of the following:-
- Develop business links with international markets
- Create or maintain employment in Australia
- Export Australian goods or services
- 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
Provisional Visa applicants must also:-
- Obtain a substantial ownership interest in a business in Australia demonstrating at least one of the characteristics referred to above; AND
- Actively participate at a senior level in the day-to-day management of that business; AND
- Continue to make such genuine efforts to hold substantial ownership interest and participate at a senior level in the day-to-day management of such a business.
Business Talent visa holders
These visa holders must within 3 years after arrival in Australia meet the above criteria. Failure to do so, may result in visa cancellation.
Investor Visa holders
These visa holders must maintain their designated Investment for a 4 year term. Failure to do so may result in a visa cancellation.
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