Buying a Business in Australia

[Kewstu]

Hi

I am thinking of buying a grocery store in NSW, which is advertised elsewhere on the Net.

If I buy a business do I automatically get a visa as a business owner or do I have to go through points scoring to get a Visa?

Any help would be appreciated.

Stu

[Vicki]

Hi Stu,

Business skills visa are granted on the basis of the applicant having a successful business career in their own country and wishing to establish a business (or buy one) in Australia.

Best place to start is to have a look at the business skills visa page of the Department of Immigration website immi.gov.au.

Basically, applicants need to show a succesful business career, a certain ownership interest in a business, a minimum turnover and personal and business assets which can be transferred to Australia. You need to show that you have researched your business opportunity in Australia and have prepared a business plan.

There are a number of business visa options, some are independent and others require state or territory government sponsorship.

Hope this helps,

Kind regards,

Vicki