Why apply for an Australia Business Owner Visa?

• Stay in Australia permanently
• Work and study in Australia
• Enrol in Australia's public health care scheme
• Sponsor your relatives to come to Australia
• Travel to and from Australia for 5 years

 

Australia Business Owner Subclass 890 visa

A Subclass 890 visa in Australia is also known as a business owner visa. Subclass 890 visa is designed for eligible business owners or entrepreneurs who wish to continue their business activity in Australia permanently. The applicant for subclass 890 migration access must first hold a qualifying visa as per the immigration processing conditions. Subclass 890 business owner visa is a state-nominated business owner visa that is designed to attract entrepreneurs or business owners to boost the country’s economic development.

 

Eligibility Criteria for Subclass 890 Visa

• To be eligible for Subclass 890, individuals must hold an eligible visa in any of the following subclasses;
  • Business Owner (Provisional) visa (subclass 160)
  • Senior Executive (Provisional) visa (subclass 161)
  • Investor (Provisional) visa (subclass 162)
  • State/Territory Sponsored Business Owner (Provisional) visa (subclass 163)
  • State/Territory Sponsored Senior Executive (Provisional) visa (subclass 164)
  • State/Territory Sponsored Investor (Provisional) visa (subclass 165)
• Live in Australia with the above visas for at least 12 months in the two years immediately before the application is made while holding this visa.
• Own and manage a business in Australia.
• Sign the Australian values statement to confirm that you will respect the Australian way of life and obey Australian laws.

 

Requirements for an Australia business owner visa

• A copy of your 6 months valid passport
• A copy of your identity
• Business owner visa application form 47BU, Form 927, Form 1217
• 2 recent passport-size photographs
• Overview of your business activities (Summary and outline of your business.)
• Proof that you own the business
• Registered business license for your business
• 6 photos of your business
• Australian Business Number (ABN)
• 6 months financial statements of your business

• Character documents. You must have also scored 80 for your character and personal particulars assessments
• Proof that you are proficient in English
• Qualifications and work experience documents
• Form 956A and Form 956

 

Steps to Apply for Subclass 890

Step 1: Check your eligibility
Step 2: Arrange the checklist of documents required
Step 3: Apply for the "Subclass 890" Visa
Step 4: Wait for the Visa Status
Step 5: Settle in Australia permanently

 

Subclass 890 visa Processing Time

The processing times for a Business owner visa vary from several weeks to months, depending on your application status.

 

Business owner Subclass 890 visa Cost

The cost of Business Owner Subclass 890 is AUD 2,810.00.

 

How can Y-Axis help you?

Y-Axis has been providing unbiased and personalized immigration-related assistance for more than 25 years. Our team of experienced immigration experts is here to provide end-to-end support to help you migrate to Australia. Our services include:

• Free eligibility check through the Australia Immigration Points Calculator
• Expert guidance/consultation for Australia Immigration
• Coaching services: Expert PTE coaching, IELTS proficiency Coaching 
• Free career consultation: Book your slot today
• Complete guidance for Australia PR visa
• Job search services to find related jobs in Australia