> Hi all
>
> I am on a 457ie visa, not far off our 2 years so (hopefully) we get
> our pr visa,
> does anyone know what restrictions we will be one will our business,
> can we sell it or must we keep it, if we can sell it must we wait for
> the visa (which i understands takes 9 months) or can we sell it when
> we apply for the pr visa.
>
> Thanks
Hi Scallywag,
Actually the thing we've told Charlie probably applies to you - get
proper advice!
The criteria for the normal permanent residence stage 2 options -
subclasses 892 and 845, require you to contrinue to maintain an
ownership in the relevant business(es) and to maintain your net assets
in Australia at the time of decision. For the 845 (which generally
isn't as popular because of cost) you've also got to maintain your net
assets in the business at time of decision.
However as I've told Charlie I think it's a good idea to check with an
agent that you do meet the criteria for the PR stage.
Cheers,
George Lombard
www.austimmigration.com.au
--
www.austimmigration.com.au
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