 SENIOR EXECUTIVES
Senior Executives
This visa is for senior executive employees of major overseas businesses, who have significant net assets and a genuine and realistic commitment to participate in the management of a new or existing business. This visa is also the first step towards being granted a permanent Business Skills visa.
Who is this visa for?
Senior executives from overseas who through their experience have gained the skills to successfully manage a business in Australia, are less than 45 years old, and their family.
What does this visa let me do?
With this visa you can:
- establish a new or existing business in Australia.
- travel in and out of Australia any number of times as long as the visa is valid
- have your family accompany you to Australia. They will have access to work and study rights. Your family includes your partner and any dependants.
This visa is a temporary visa, and the first step towards being granted a permanent Business Skills visa. You must be outside Australia when this visa is granted, unless you held a student visa at the time you applied.
You may be eligible for a permanent Business Skills visa after holding this visa for a minimum of two (2) years. To be eligible for a permanent Business Skills visa you must meet all the obligations of this visa and additional requirements of the permanent Business Skills visa you apply for. Meeting these requirements may take you longer than two (2) years.
After two (2) years you may be eligible to apply for one of the following visas:
- Business Owner (residence)
or
- State/Territory Sponsored Business Owner (residence)
Visa validity period
This visa is valid for four years.
If the visa is granted while you are:
- in Australia (Student visa holders only), it is valid from the date of grant
- outside Australia, it is valid from the entry expiry date on your visa label.
Bringing family
The following people may be included in your application:
- your partner
- your or your partner's dependent children
- other dependent relatives living with you.
With this visa you are unable to access Medicare, the Australian Government medical expenses and hospital care scheme.
Private Health Insurance is available to you, but it is not a requirement for the grant of this visa.
Eligibility
Main Applicant Eligibility
Age
You must be less than 45 years old.
English level
You must have a vocational level of English. To show this you must you have one the following:
- have evidence you are a native English speaker
- undertake the International English Language Testing System (IELTS). You need to take the general training test, and must achieve a band score of at least five from a maximum of nine, for all four components of the test; speaking, reading, listening and writing. (Your IELTS test results may not be more than 12 months old when you apply)
hold a NAATI accreditation in English.
- State/Territory notification
You have notified the appropriate regional authority of a state or territory; and your intention to develop a business in that State or Territory.
Business success
You have an overall successful business career.
Management experience
You have occupied a position in the three highest levels of the management structure of a major business. In that position you were responsible for the strategic policy development affecting a major component or a wide range of operations of that major business, and have done so for at least two of the four fiscal years immediately before you apply.
Significant assets
Your total assets have a net value of at least AUD500,000, and were legally acquired and are capable of being transferred to Australia within two years of being granted this visa.
Assets to settle
You have sufficient assets (additional to those above) of at least AUD100,000 to settle in Australia.
Business record
You or your partner (if any) have never been involved in unacceptable business or investment activities
Committed to business in Australia
You have a commitment to maintain an ownership interest in a business in Australia and direct a continuous involvement in management of that business.
Need to live in Australia
You demonstrate there is a need for you to live in Australia for business reasons on a temporary basis.
Health requirement
You must meet health requirements to enter Australia.
Character requirement
You must be of good character for you to enter Australia.
Australian Values Statement
If you are aged 18 years or over, you are required to sign an Australian values statement. The statement is included in your visa application form and all applicants aged 18 years and over will need to sign it to confirm that they will respect the Australian way of life and obey Australian laws. Before signing this statement you are required to have read, or had explained to you, material made available by the government on life in Australia which is contained in the Life in Australia book.
Eligible family members
Your family members must meet the following requirements to be eligible for this visa. Evidence of each of the requirements with your application.
You can include the following people in the application for this visa.
- your partner
- your or your partner's dependent children
- other dependent relatives living with you.
Adding family to your application
If your child is born after you lodge your application (but before a decision has been made) the child can be added to your application, once you notify the department of the details of the newborn child.
A partner can not be added to a visa application after it has been lodged but may submit a separate application.
A child born in Australia is deemed to have the same visa as their parents.
Members of the family unit, including a baby born overseas, may submit subsequent applications to join a visa holder in Australia.
Health requirement
All family members must meet health requirements to enter Australia.
Character requirement
All family members must be of good character to enter Australia.
Australian Values Statement
All visa applicants aged 18 years or over, are required to sign an Australian values statement. The statement is included in the visa application form and all applicants aged 18 years and over will need to sign it. Before signing the statement, applicants for this visa are required to have read, or had explained to them, material made available by the government on life in Australia which is contained in the Life in Australia book.
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