The Business Owner (subclass 890) Visa is designed for applicants who own and manage a business in Australia, it allows you to work and continue operations onshore, living in Australia indefinitely.
Note: When working, you are protected by Australian workplace law. See your workplace rights and entitlements.
You must currently hold one of the following eligible visas
In the duration of 2 years immediately before you lodge your application, you must have had, and continue to have, ownership in one or multiple currently operating businesses in Australia.
For each nominated business, you must provide evidence of:
If you spent more than 6 weeks in total outside Australia during the 2 years, you must explain your role in managing the business while you were offshore.
At the time you apply and throughout the 12 months immediately before you apply, you must show that you and/or your partner had:
Note: you must show evidence that those assets were lawfully acquired
Business and personal assets
At the time you apply and for the 12 months immediately before you apply, you must provide the department with evidence that the net value of your/your partners business and personal assets in Australia were at least AUD250,000.
You must not have engaged in any business activities that are at all unacceptable in Australia or against Australian law.
Secondary applicants: This amount does not include cost of your partner, any family members or children applying with you
Additional costs: You might also have to pay other costs for each applicant for health checks, police certificates and biometrics
This is a permanent visa; it allows indefinite stay in Australia.
As of January 2022, The Department of Home Affairs does not publish processing times for the subclass 890 visa as this visa is assessed on a case to case basis, individual cases can vary depending on circumstance
Note: for any permanent migration visa application, processing time can vary based on how many places are available in the migration program
Holders of a Subclass 890 Visa are eligible to enrol in Australia’s public-health cover (Medicare).
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