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Senior Executive (Provisional)

161 - Senior Executive (Provisional)

Senior Executive (Provisional) is for senior executive employees of major overseas businesses who have been responsible for strategic policy development affecting a major component or a wide range of operations of that business, who have significant net assets and a genuine and realistic commitment to participate as a principal in the management of a new or existing business.

After you have held a Senior Executive (Provisional) visa you may apply for the following permanent residency visas providing you meet the criteria;

  • Business Owner (Residence) Visa
  • State Territory Sponsored Business Owner (Residence) Visa

There is no points test for this visa.

Main Criteria

  • You must be less than 45 years old at time of application

You must have:

  • vocational level English
  • an overall successful business career
  • be employed in one of the top 3 management levels of a major business (annual turnover of at least A$50 million for 2 of the last 4 fiscal years)
  • significant business and personal assets (A$500,000)
  • sufficient net assets to settle in Australia
  • have no history of unacceptable business activities

You must also show that you have a realistic commitment to either establish a business in Australia or to participate in an existing business in Australia. You must show that you intend to maintain a substantial ownership interest in that business and to maintain direct and continuous involvement in management of that business.