1. Can I live in Sydney?
2. Are there any businesses or sectors that the NSW Government prefers when considering applications from business migrants?
3. Do I have to stick strictly to the business plan sponsored by NSW when I settle in NSW?
4. What do you want to see in a business plan?
5. Do I have to visit NSW on a research visit before applying?
6. What are the benefits of NSW state sponsorship?
7. Can I move to another State after being sponsored?
8. Do I have to register a company or business in NSW before applying for a provisional visa?
9. Do I need to use a migration agent to apply?
1.Can I live in Sydney?
Yes. You can settle in Sydney or regional NSW.
2. Are there any businesses or sectors that the NSW Government
prefers when considering applications from business
migrants?
No. NSW will consider
sponsoring applications for businesses in all sectors.
3. Do I have to stick strictly to the business plan sponsored
by NSW when I settle in NSW?
No. While on a provisional visa you can amend your business plan if necessary.
You need to be able to meet the selection criteria
for permanent residency in 2-4 years.
4. What do you want to see in a business plan?
We are looking for substantial research into the proposed business. We look for a
business plan that is:
- consistent with the
applicant‘s business history and expertise
- within the applicant‘s financial resources to fund
- shows a strong commitment to enter into business in NSW
- includes projected revenue, costs, profit and capital expenditure.
5. Do I have to visit NSW on a research visit before applying?
Applicants for NSW sponsorship for Business
Owner (Provisional) 163 and Senior Executive (Provisional) 164
visas must make one or more research visits to NSW in the 12
months before applying to prepare their business plan. Applicants
who use a consultant to assist in preparing their business plan
should use a consultant who assists them in NSW during their
research visits. A meeting with the NSW Department of
State and Regional Development to outline the applicant’s
business proposal at the end of their research visits is recommended.
6. What are the benefits of NSW state sponsorship?
The business advisory and support services of the NSW Department of State
and Regional Development are available to all migrants
whether or not their migration applications have been
sponsored by NSW.
7. Can I move to another State after being sponsored?
It is strongly advised that you obtain sponsorship at provisional stage from
the State where you intend to establish your business
and settle. If you were sponsored by another State
and wish to move to NSW, you will need to obtain a
letter of release from the first sponsoring state to
obtain permanent residence based on a business in another
state.
8. Do I have to register a company or business in NSW before
applying for a provisional visa?
No.
9. Do I need to use a migration agent to apply?
No. It is however recommended that you obtain advice specific to your circumstances
from a licensed migration agent.
|