Business Owner Visa (Subclass 890)
The Business Owner Visa (Subclass 890) lets people who own and manage a business in Australia to stay permanently.
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About the 890 Visa
The Business Owner Visa (Subclass 890) is a permanent visa for people who own and manage a business in Australia. To apply as a primary applicant, you must have a qualifying visa granted on a particular basis.
What are the requirements for the 890 Visa?
You may be eligible for this visa if you hold one of the following provisional visas granted on the basis that you or your current or former spouse or de facto partner satisfied the primary criteria:
- Business Owner (Provisional) Visa (Subclass 160).
- Senior Executive (Provisional) Visa (Subclass 161).
- Investor (Provisional) Visa (Subclass 162).
- State/Territory Sponsored Business Owner (Provisional) Visa (Subclass 163).
- State/Territory Sponsored Senior Executive (Provisional) Visa (Subclass 164).
- State/Territory Sponsored Investor (Provisional) Visa (Subclass 165).
Further, you must also meet the below criteria to be eligible for the 890 Business Owner Visa:
- Meet the residence requirement. This means that you must have been in Australia as an eligible visa holder for at least a total of 1 year in the 2 years immediately before the application is made.
- Be able to demonstrate that your business meets all the necessary requirements in relation to ownership, acquisition, turnover and management.
- Meet the assets and employees requirement. This is satisfied if you and your partner can show net business assets are lawfully acquired and constitute at least $100,000 in the main business, the main business(/es) annual turnover is $300,000, you have at least the equivalent of 2 eligible full-time employees in your main business, you have at least $250,000 in assets and you have not engaged in unacceptable business practices in Australia.
- Your immigration history can affect your eligibility. If you are unsure whether your immigration history will affect your eligibility, it is best to contact a registered migration agent or legal practitioner.
- You must owe no debt to the Australian government.
- You and all your family members meet health and character requirements.
Frequently Asked Questions
- Subclass 890 Visa processing typically takes around 3 months.
- Refer to the Department of Home Affairs website.
- DHA visa application fee for the primary applicant – $2,890
- DHA visa application fee for adult dependent (18 and over) – $1,445
- DHA visa application fee for child dependent (under 18) – $720
- DHA visa application fee for second instalment – $4,890 (if applicable)
- Other fees such as health examinations, police checks, and document translations may apply.
- Professional fees for migration services are separate.
At Better Life Migration, we can help you apply for the Business Owner Visa (Subclass 890) through:
- Expert Guidance: Providing you with step-by-step support throughout the business visa process.
- Application Preparation: Ensuring your application forms are completed accurately and submitted on time.
- Document Assistance: Helping you gather and present all the required supporting documents.
- Liaising with Immigration Authorities: Managing communications with immigration authorities for a smooth process.
- Issue Resolution: Proactively addressing potential complications to avoid delays or issues with your application.
- End-to-End Support: Guiding you through every stage of the process, allowing you to focus on building your business in Australia.
Ready to apply for the 890 Visa?
📞 Call us now at 0415 419 414
Benefits of the 890 visa
Permanent Residency
Live and work anywhere in Australia.
Healthcare
Enroll in Medicare, Australia’s healthcare system.
Citizenship
Apply for Australian citizenship (subject to meeting residency criteria).
Education
Access to study opportunities in Australia.
Social Security
Access certain social security payments.
Family Sponsorship
Sponsor eligible family members for permanent residency.
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