Business Owner Visa for Australia (subclass 890)

This is a permanent residence visa for business owners from overseas who have held one of the required provisional visas; their family members can also be included on the application.

To be eligible the applicants must:

  • Meet the usual health and character requirements
  • Have spent at least 12 months of the two years immediately before applying in Australia
  • Main applicant must have had and continue to have direct and continuous management in their main business (or two main businesses) for at least two years immediately before application
  • Own a certain percentage of the business depending on its annual turnover

In addition to the above requirements:

  • The net value of the applicant’s (or applicant and spouse’s combined) assets in the business(es) must be at least AUD$100,000 throughout the 12 months immediately before application
  • The net value of the applicant’s (or applicant and spouse’s combined) personal and business assets must be at least AUD$250,000 throughout the 12 months immediately before application.
  • The applicant is also required to demonstrate that their main business (or two main businesses) had a turnover of at least AUD$300,000 in the 12 months immediately before application and employed at least two full-time employees who were Australian citizens, permanent residents or New Zealand passport holders.
Like to know more? Richard Gregan and the team are some of the most knowledgable migration agents in the UK for business related emigration and visas for Australia. Call us on 0800 193 6900 for chat, or email enquiries@my-oe.com.

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  • All going well. Thank you, after all the work that was put in from your office with regards our emigration we cannot thank you enough, again many thanks for everything!
    – Michael Coombes, Australia
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    – Maxine Warhurst & Family, Australia
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  • Currently we have been staying in Thailand since before Christmas and in 5 weeks we travel to Australia to arrive at the same time as our personal effects. We can’t wait! Again – many thanks to everyone for everything!
    – Maxine Warhurst & Family, Australia
  • We’ll keep you updated about how we get on but for now Lin and I would like to sincerely thank you, Richard, Magda and everyone else at OE who have made the process of getting our visas so straightforward for us. You are all so professional and we have felt at every stage that we are in the best hands possible. Your customer service is truly outstanding!
    – Scott McKenzie, Australia
  • We have arrived in Brisbane safely, goods and all!! Been here since September and loving it so far. Thankfully our house was not damaged in anyway by the floods, although we have been involved in Volunteering to help clean up after the floods (that was an experience!). Thanks again.
    – Elaine, Kevin and Kim Lawrence, Brisbane, Australia
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    – Warren Baldwin-Jones, Canada
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  • Thanks so much for all of your help and support with my application. Everyone there has been so responsive every time we’ve contacted you, it really does make a difference. I should refer our estate agent back in Edinburgh to you for some tips on customer communication! And we certainly would recommend to anyone thinking of making the move to contact the team at OE.
    – James Cooke, New Zealand
  • Our emigration to Australia is going great so far thanks. Thank you for all your help.
    – Lynn McBride & Family, Australia
  • We have all settled in well in Oz. We have now been here a year and loving it. Thanks.
    – Simon & Gillian Vamplew, Australia

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