| The holder of an Australian State sponsored business | | | | time of your application is very important to your |
| visa is entitled to remain in Australia as a permanent | | | | chances of obtaining a State sponsored business visa |
| resident for a period of up to 5 years for the purpose | | | | - only holders of certain kinds of provisional work visas |
| of owning a new or existing business. This visa was | | | | are eligible to apply. As mentioned before, several |
| designed to allow immigrants to set up businesses in | | | | applications are necessary for this visa - you will need |
| Australia, thereby contributing to its economic | | | | to apply to the state authority in order to apply for their |
| development. Although this could in some degree be | | | | sponsorship before you can even begin applying for |
| compared to the Australian Skilled Migrant Work Visa, | | | | the visa, and it is also necessary to obtain police |
| the State sponsored business visa has a lot more | | | | clearances and medical checks for the visa itself. |
| view towards the permanency of the holders stay in | | | | The net worth and performance of your business will |
| Australia. | | | | also be judged as part of your visa application, your |
| If an immigrants business is generating revenue and | | | | annual turnover scrutinized. |
| they are successful, it is of benefit to the country as a | | | | For further information on obtaining a State sponsored |
| whole, and the State sponsored business visa is a | | | | business visa, it is recommended that you visit the |
| method for the Australian government to both allow | | | | Australian governments website on this subject, as an |
| these companies to stay and also to ensure that the | | | | exact list of the factors which may govern your |
| business owners who have set up in Australia are | | | | application are available here. |
| running an economically viable operation. | | | | What Are The Benefits Of This Visa? |
| Immigrants who have entered the country on a lesser | | | | Should your State sponsored visa application be |
| Australian work visa may eventually be able to apply | | | | granted, your old Australian work visa will be upgraded. |
| for the State sponsored business visa if they have | | | | On a State sponsored business visa, you will be |
| spent their time building and running their own business. | | | | allowed to live in Australia as a permanent resident for |
| It is not possible to enter Australia for the first time on | | | | up to 5 years. You can include your family on your |
| a State sponsored business visa as there are several | | | | application, or even sponsor them to join you |
| conditions which have to be met and several | | | | afterwards and have them join you in Australia, where |
| applications which need to be made prior to this visa | | | | they will have full rights to work or study. Although you |
| being granted. | | | | and your family will have access to the Australian |
| How Would I Get One? | | | | national healthcare system, you will not be eligible for |
| Say you enter Australia on an Australian work visa | | | | either social security or family assistance benefits. |
| such as an Australian Skilled Migrant Work Visa, end | | | | Once you have lived in Australia as a permanent |
| up starting your own business and then realize the | | | | resident for a period of 3 years, you become eligible to |
| terms of your visa are up. This is the point at which | | | | apply for permanent residency - you will be able to |
| you can evaluate whether or not you would be eligible | | | | become an Australian citizen and obtain an Australian |
| to upgrade your Australian Skilled Migrant Work Visa | | | | passport, as well as register for the social security and |
| to a State sponsored business visa. | | | | family assistance benefits as mentioned earlier. |
| Indeed, the visa on which you are in Australia at the | | | | |