Changes to Business Skilled Visas effective 19 April 2010
Submitted 19/04/2010
DIAC
On 19 April 2010, the Minister for Immigration and Citizenship, Senator Chris Evans, announced the following changes to the Business Skills Migration Program:
- increased minimum net business and personal assets required (visa subclasses 160, 161, 163, 164)
- increased business ownership share required (visa subclasses 132, 160, 163, 890, 892, 845, 846)
- removal of the senior manager option of the subclass 163 visa
See: Changes to the Business Skills Migration Program ( 84KB PDF file)
and http://www.immi.gov.au/legislation/amendments/2010/100419/lc19042010-01.htm

