Subclass 890(Business Owner Visa )

Business Owner Visa (Subclass 890) – Permanent Residence for Business Owners

The Subclass 890 visa lets you and your partner live in Australia permanently if you’ve held an eligible provisional business visa and met its conditions. Below is a step-by-step guide to eligibility, required documentation, application process, costs, and visa benefits.

1. Eligibility Criteria:

Before you begin your application, ensure all of the following apply:

Held an eligible provisional business visa
You must hold one of: Subclass 160, 161, 162, 163, 164 or 165.

Residency requirement
Lived in Australia for at least 12 months out of the 2 years immediately prior to applying.

Business commitment
.Demonstrated a genuine intent to continue your business investment in Australia.

.Good character & health.
.You and your partner must meet Australia’s health and character standards (police clearances, medical exams).

.No government debt.
.You must not have outstanding debts to the Australian government or you must have a repayment arrangement in place.

Business ownership & turnover
Over the 12 months prior to applying, you must hold, in Australia, at least:

51% of a business with annual turnover < AUD 400,000, or

30% of a business with annual turnover ? AUD 400,000, or

10% of a publicly listed company.

At least two of the following must also be met:

Net personal/business assets ? AUD 100,000 for the 12 months before applying.

Net personal + business assets ? AUD 250,000 over that period.

Employed at least one full-time Australian/New Zealand citizen or permanent resident (non-family) for 12 months.

Your principal or two combined businesses generated ? AUD 300,000 turnover in the past 12 months.

2. Documentation Checklist

Prepare certified copies of:

All non-English documents must be translated by an NAATI-accredited translator and certified.

3. Application Steps:

Create an ImmiAccount:Register at the Australian Department of Home Affairs portal.

Complete the online application.
Select “Subclass 890 – Business Owner” and fill in personal, partner, and business details.

Upload documents:Attach each document in the correct category; label files clearly (e.g., “BAS-2019-20.pdf”).

Pay the visa application charge:AUD 2,495 (base fee). Additional fees for medicals, police checks, translations are payable directly to service providers.

Submit & track:Review all fields carefully, submit your application, then check your ImmiAccount dashboard for updates and any requests for further information.

Respond to requests:If the Department asks for more evidence or clarification, provide it promptly (usually within 28 days).

4. Costs & Processing

Base Application Charge: AUD 2,495

Medical Examinations: Varies by clinic, paid directly.

Police Certificates: Fees depend on each issuing country.

Document Certification/Translation: Varies by provider.

Processing time: Currently ranges from 8–12 months (varies by caseload and completeness of your application).

5. Visa Benefits

Permanent resident status – live in Australia indefinitely.

Work & study – unrestricted employment and education rights.

Medicare access – eligibility for Australia’s public health scheme.

Travel rights – multiple-entry travel for 5 years from grant date.

Family sponsorship – sponsor eligible relatives for permanent residence.

Pathway to citizenship – apply once you meet residency requirements.