Australia - State/Territory Sponsored Senior Executive (Provisional)

164 - State/Territory Sponsored Senior Executive (Provisional)
Senior Executive (Provisional) is for senior executive employees of major overseas businesses who have been responsible for strategic policy development affecting a major component or a wide range of operations of that business, who have significant net assets and a genuine and realistic commitment to participate as a principal in the management of a new or existing business. Applicants in this category may be sponsored by a state/territory government.

There is no points test for this visa.

Main Criteria

  • - You must be less than 55 years old unless exceptional circumstances exist at time of application

You must have:

  • - sponsorship by a State or Territory government

  • - an overall successful business career

  • - significant business and personal assets (A$250,000)

  • - are employed on one of the top 3 levels of management of a major business (annual turnover of at least A$10 million for 2 of the last 4 fiscal years)

  • - have sufficient net assets to settle in Australia

  • - have no history of unacceptable business activities

You must also show that you have a realistic commitment to either establish a business in Australia or to participate in an existing business in Australia. You must show that you intend to maintain a substantial ownership interest in that business and to maintain direct and continuous involvement in management of that business.