subject: Subclass 106: Your First Step To A Permanent Business Visa [print this page] Australian visa subclass 106 is a provision visa for business owners. Established business owners or those who have had a successful business career can get a provision Business Visa. Australia continues to look for these types of individuals who have a genuine, realistic commitment to setting up a new business or being involved as an owner of an existing business in the country.
This visa is for overseas business owners who are less than 45 years old. You must be outside Australia when this visa is granted, unless you are holding a student Australian visa at the time of application.
Once granted, you can establish a new or existing business in Australia, travel in and out of the country as long as the visa is valid, have your family accompany you to Australia and establish a pathway to permanent residence. You may include your spouse, dependent children and other dependent relatives living with you in your application for this Australia visa.
This temporary Australian business visa is valid for four years. After two years, you may apply for a permanent Business Skills visa. To be eligible for a Business Skills visa, you must meet all the obligations of the provisional visa and any additional requirements of the permanent visa. Your other visa options include Business Owner (residence) and State/Territory Sponsored Business Owner (residence) visas.
Other requirements for this visa for Australia include: English level vocational proficiency, State/Territory notification, financial statements as proof of business and total assets, overview of overall successful business career and intentions in Australia, evidence of business ownership, health requirements, character and penal clearance requirements and the Australian Values Statement.
