UPDATE:
On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
Question: Can I buy a business and sponsor myself?
It has always been standard practice for business people and migration agents to use the Business Skills Migration category for business owners and investors to migrate to Australia. However there are a lot of business people that do not quite fit the bill (cannot meet the stringent requirements) under the Business Skills regime.
Did you know that there actually exists an alternative route?
It is the subclass 457. The 457 is your normal work visa where an Australian employer can sponsor you to work for them. So is there any difference if you yourself is the actual “owner” of the business? Well, there’s no difference.
You can actually sponsor yourself if you are the owner of your own Australian business, and unlike the Business Skills Migration category the 457 regime does not have any financial thresholds to satisfy and the level of financial audit prior to lodgement is not necessary under the 457 program.
Of course, it is still critical that all of the 457 requirements are carefully considered so that the “business” itself can satisfy the legislative requirements to gain a 457 Business Sponsorship approval and a successful Nomination application. Then there is the actual 457 Visa Application also. So you still have to satisfy all 3 stages under the 457 program, but with the right advice and assistance, you can successfully sponsor yourself as a business sponsor.
Now, how does this lead to Permanent Residency?
This leads to Permanent Residency after you have worked on a 457 for 2 years for your own business. The Permanent Residency subclasses that you can apply for after 2 years are either the subclass 186 or the subclass 187. The main benefit of going down this 2 year route is that you only have to maintain the same criteria that you met for the 457 in terms of English and demonstrating your skills (with your qualifications or work experience).
Some business people may also be able to get their Permanent Residency even sooner depending on their level of English skills and if they have more than 3 years of work experience in their occupation.
So there you go. If you are a business person who wishes to migrate to Australia and know more about 457 routes to Permanent Residency, then contact us and we can assess if you and your business (or future business) are eligible.
You can email solutions@old.visaone.com.au if you need our assistance.
From the desk of Yuri Marshall | Changing Lives Everyday
Hi,
I’ve been in Australia almost two years now with working holiday visa. My occupation is painter, so I’ve worked here as a painter almost two years now. My mate recommended to sponsor myself. From where i should start to do this? Make my own company? What are those steps that i should follow? Thanks, Ahti
Hi Ahti,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
I have a master degree in hospitality and would like to ask about self sponsor in Tasmania. Pls advice.
Best Regards
Hi Hannah,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Dear sir/madam
Well my name is jun. currently I am holding 457 visa in northern Western Australia. I am here only for 2 months and I am quite stressful because of very small town and wether. I would like to switch my visa either into starting my own business, Nepalese authentic sweets and Indian sweets in Sydney Australia to supply to small retailers. I can work my slef and can employee some temporary staff to establish the business. As I am sure
I have got enough skills and knowledge regarding quality and food hygiene and safety knowledge. So please let me know further details if you can help me out with it.
Many thanks
Hi Jun,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Hello, I just got my Temporary Graduate Visa (457) which lasts 2 years, and I was thinking about the possibility to acquire my ABN to work as a freelancer as a mechanical designer, and if I do well creating a small business. Would getting my ABN represent any problem for my current visa? Can I get my PR trough this path? I just need 15 points more points to get my PR, which 10 can be gotten with an english test (almost there) and 5 with work experience in my field for 1 year (Trough this idea).
Hi Denis,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Hi
I want to start a food business in australia. I’m a chef in australia holding 457 visa. So can I selfsponsor as a owner of the business. ? Thanks
Hi Lim,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Hi,
i would like to start a franchise in a cleaning company. After two years is there any options for sponsorship visa? or for starting up a cleaning business by my own
Hi Manu,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Hi Salmaan
I want to open a hairdresser salon ..can I do self sponsor the saloon will cost around 60000 dollar
Is that possible??
Hi Salmaan,
We have received your enquiry. One of our visa experts will be in touch with you via email. :)
Hello there,
I created my business here as a sole trader (not PTY LTD) yet. Moreover, my agency does social media, web design, copywriting, post production etc. so none of the gigs I am involved with are considered “skilled” and my degree (electrical engineering) is not relevant to it at all. Anywho, I am on a temporary visa here (work permit, subclass 476, -not work and or working holiday-, called recognised graduate) and my current visa will expire in August.
Do you reckon that I stand a chance with that kind of a sponsorship? :) if yes, i would like to contact you guys asap!
Hi Matt,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
Hi can i start a restaurant business in partnership and self sponsor myself? I am on study visa and my course is diploma of management. I have also done diploma of business. Kindly reply
Hi Raja,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
Hello i m currently on a 457 visa which the sponsorship is having problem. Can i self-sponsor myself in a good business. Please give me some ideas i don’t have much time left.
Hi Sharm,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
I am presently on visa 573 but I also do little business . I sell clothes and jewries . Can I sponsor myself
Hi Cynthia,
Thanks for your message.
Cynthia, unfortunately on the 14th December, new policies were introduced by Immigration that now discourage self-sponsorship from sole operators and small business.
The only way to do a self-sponsorship, is if you have substantial start-up capital (for example $250,000 approx ball-park figure) available and a very strong business plan with viable market penetration (or potential contracts set up in advance / in demand).
The requirement to prove that the position for self-sponsorship is genuine is much more difficult to establish, and a person must now prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose, and that applicants still have incentives to return back home overseas.
What is your full situation Cynthia, in relation to the financial capacity of the business, and the current and demand for your business service/product? Perhaps if you can email me at solutions@old.visaone.com.au and comment on my above questions, I can better advise you if it is possible or not.
Hiii
I am doing Master of business Administration. After finish my study can I apply for 457 visa. As a restaurant manager or not if not plz tall me which industry is best for me as 457 visa. Thanks
Hi Harry,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
Hi guys,
I did masters in accounting from swinburne, right now on TR, i started my own business here last year, I am sole director of it, i handle all invoicing , book keeping things here. but my all resources are in my home country and am looking after it electronically here. Turnover is about 75k per anum. Now please let me know, am I eligible to sponsor myself? What are the chances?
Hi Adnan,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
Hi there, Im a New Zealand citizen . Im qualified in automotive electrical and over 5 years experience. How do I apply for self business sponser in Australai? Thanks
Hi Hossein,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
I am interested in Self sponsor 457 visa.
I’m holding a Bachelor degree in arts,One year Restaurant and counter service course,12 years of work experience in Star Hotels and Cruise ship,since 10 years I’m running lounge bar and Restaurant business under a partnership firm,i have my IELTS score-5.5
I’m interested in running Bed & breakfast business,Restaurant,cafe…
Pls advice
Gokuldas
0091 9880676252
Hi Gokul,
We apologise for the late reply. We updated our article to adjust for new policies that were implemented.
UPDATE: On the 14th December 2015, new policies were implemented by Immigration that now discourage self-sponsorship from sole operators and small businesses under the Subclass 457.
To do a self-sponsorship, you have to have substantial start-up capital available and a very strong business plan with viable market penetration.
The requirement to prove that the position, for self-sponsorship, is genuine is now much more difficult to establish. A person must also prove that they do not have a long-term “migration outcome” (for permanent residency) as their main purpose. Moving forward, I believe it is important to show that you have incentives to return overseas, when considering self-sponsorship.
For more information about self-sponsored 457’s, email us at solutions@old.visaone.com.au and one of our consultants will contact you to assess your options.
I am interested in the self sponsor 457 visa. How do I go about it please?
Hi Sheanna!
One of our Visa Experts will be in touch with you via email ;)
Hello!
Holding a 573 visa, I am currently studying a Master of Business Management.
I would like to know whether I am eligible to study a CertIV in fitness and personal training in conjunction with my current master degree.
I also would like to know if I can ,ideally, self sponsor myself upon completing the CertIV in fitness and starting my own fitness business? What is my option?
Thanks!
Hi Subhan!
Details are noted and one of our Visa Experts will be in touch with you via email. ;)
Hi. I still have 3 years left on my 457 visa. I would like to ask how can I make my business run or trade if I am still employed with my sponsor? As it will be a new business, I plan to run it by myself until I can afford to pay for an employee to help me. Thanks
Hi Louie!
We have received your enquiry and one of our Visa Experts will be in touch with you via email soon. ;) Happy New Year!
Hello, i am interested in self sponsership as i opened a new business. But i heard from one of the agent that self sponsership and close relative sponsership is not valid now. He said rules are coming soon in January 2016 for 457 and RSMS.pLEASE REPLY
Hi Prateek!
Enquiry is acknowledged and one of our Visa Experts will be in touch with you via email ;) Happy New Year!
Hi there, I have completed certificate 4 in frontline management and also diploma of Human Resources management and diploma of Management. And currently studying diploma of marketing at the moment. I have got 50 each in PTE Academic.
Can you please advise me how I can self sponsor myself ASAP my budget is 150k max.
Thanks
Hi Sean!
We acknowledge your concern and one of our visa experts will be in touch with you soon via email ;)
Hi,
I need information or help about self sponsor, which I completed my masters in accounting and masters in business administration .
I want to start my own business and apply for the self sponsor visa.
Hi Shaker!
One of our visa experts will be in touch with you soon. ;)
I am interested in Self sponsor 457 visa.
I’m holding a degree in hospitality & business management
Currently working in a Hotel as sales manager
I’m interested in running Bed & breakfast business.
Pls advice
Hey Angie!
One of our Visa Experts will be in touch with you soon ;)