Over the years we speak to many applicants who are studying in Australia who have business experience or have a desire to open there own business. Australia’s business laws are quite laxed compared to other companies. For example: student visa holders with work rights are able to register and be a 100% shareholder and Director of a Pty Ltd company. Many States are now onboard with providing pathways to permanent residency for student’s who meet certain criteria. This Insights is about pathways in the ACT, Queensland and Tasmania. At Solve Migrationyers we have partnered with Accountants in order to assist our clients with the whole process. If you believe that any of the pathways are relevant to your case, you can book a consultation via or website www.solvemigration.com or complete the contact form link at the bottom of this newsletter.

Australian Capital Territory (Canberra)The ACT provides an SBO pathway through the Subclass 190 and 491 pathways. A summary of requirements are as follow (Source: 491 Nomination – Canberra resident applicant eligibility – Migration (act.gov.au):Resident in Canberra: You lived in Canberra for the last three (3) months and continue until the date of invitation. Your bank statements / transaction history must record ACT banking activity from the date of your claimed arrival in Canberra up to the date of invitation. You may also live within commuting distance in NSW e.g., Queanbeyan, Bungendore etc;The following business types are not eligible: sub tenancy, ride-share, taxi, delivery, courier services or an on-sold business previously used to qualify for ACT nomination.Your nominated occupation does not have to be on the ACT Critical Skills List.If you are not claiming Matrix points as a Small Business Owner:You can work for an employer and/or be self- employed.Your total (taxable) income was at least $520 pw in each of the 13 weeks immediately before you submit the Matrix.You have at least 12 months ACT business activity on your ABN.You MUST sign a statutory declaration confirming your ABN, location of ACT business, start date of ACT business activity, duties and annual income.ACT 491 nomination: applicants must be working in Canberra for at least three months.ACT 190 nomination: applicants must be working in Canberra for at least six months.DISCLAIMER This information is subject to change. The information contained in this publication is of a general nature only. It should not be used as legal advice. To the extent permissible by law, Solve Migrationyers and its associated entities shall not be liable for any errors, omissions, defects or misrepresentations in the information or for any loss or damage suffered by persons who use or rely on such information.