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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