Turner Coulson Immigration Lawyers- State/Territory Sponsored Business Owner (Residence) - Permanent 892 Visa

The State/Territory Sponsored Business Owner (residence) visa is intended to further the economic development of Australia by offering permanent residence status to appropriate business people and their families who have held one of designated provisional business visas.

To be eligible for the Permanent 892 visa application you must have complied with all obligations of the provisional business visa you held, as well as meeting at least 2 of the requirements relating to business ownership, residence in Australia, sufficient business assets and turnover and provided employment to Australian citizens or permanent residents.

You must also have been sponsored by an appropriate regional authority of a State or Territory government.

With this visa you work in a new or existing business, your family can accompany you to Australia and get permission to study and work in Australia and you have the right to live in Australia as a permanent resident for five years after which, you will need to apply for a resident return visa).