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Senior Executive
Senior Executive – The senior executive employees of major businesses come under this category of Business Skilled Migration.
For Business Owners and Senior Executives, certain obligations must be met and applicants will be monitored on arrival in Australia
When applicants apply for Senior Executive (Provisional, temporary, not sponsored) visa for Australia, they must meet the following requirements:
- The applicants must show they are having an overall successful business career;
- For at least two of the four immediately preceding the application, the applicant must have occupied a position in the three highest levels of the management structure of a major business in which you were responsible for strategic policy development affecting a major component or a wide range of operations of that major business;
- Applicant’s (or Applicant and spouse's combined) business and personal assets must have a net value of at least A$500,000, which are lawfully acquired and available to transfer to Australia within two years after the grant of this visa;
- Applicant (or Applicant and spouse together) must show that they have business and personal assets, in addition to the assets above, that are of a sufficient net value to settle in Australia;
- Applicant must be under the age of 45 at the time of application
- Applicant must have at least a vocational level of English
- Neither the applicant or spouse should have a history of involvement in business or investment activities that are not generally acceptable in Australia;
- Applicant must have notified the appropriate regional authority of a state or territory of business history and intentions to develop a business in that state or territory;
- Applicant must have a realistic commitment to establish or participate in a qualifying business in Australia and maintain a substantial ownership and direct and continuous involvement in the management of that business;
- Applicant must have demonstrated that there is a need to be temporarily in Australia to conduct or establish the proposed business activity; and the applicant must have signed a declaration that he/she understands the obligations as the holder of this type of visa.
If the applicant is able to obtain sponsorship from an appropriate regional authority of a State/Territory government, then the application would fall under the State/Territory Sponsored Senior Executive (Provisional) category, and in addition to the above, you would have to meet the following requirements:
- You would have to show that you have been sponsored by an appropriate regional authority of a State or Territory government;
- In reference to point 3 above, your business and personal assets would have to have a net value of at least A$250,000 and are available for transfer to Australia within two years after visa grant;
- In reference to point 5 above, you must be aged less than 55 years at the time you apply or you are proposing to establish or participate in a business that your sponsoring State or Territory has determined is of exceptional economic benefit to that State or Territory.
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Business Skills Mirgration
