457 help

hi, just wondering, is there requirement of minimum numbers of employees for a business to be able to become Standard business sponsor? or the annual turnover?

just wondering, can a person buy a business on visit visa or can he apply for 457 while he is on visit visa.

but that give hope that he can start a business in his area (Electrical/lighting/testing). the only issue to buy established business in this area, its v hard to find such business for sale, and if so, they are very expensive and over priced. But if you can start your own one and sponsor yourself, that is good option.

copied from 457 information booklet: [ A new business may still satisfy this requirement if they can provide evidence that they are in fact operating, even if they have only been doing so for a short period of time. Examples of acceptable evidence may include: • a detailed business plan • contract of sale relating to the purchase of the business • lease agreement relating to business premises • contracts to provide services • evidence of employment of staff • Business Activity Statements (BAS) for each complete quarter from commencement of operations to date of lodgement, and/or • business bank statements covering the period of operation. ] I think there are options but my feeling is; they haven't been much work done looking into them.

Yup. its actually i have seen many add like u can sponsor yourself but it not a easy thing. I had in mind to consult with some expert agent esp who has deep understanding of 457. Any recomendation in Sydney will be appreciated. But say if he bought a restaurant which has 457 approval, can he then sponsor himself? the only issue i that case might will be to prove that he is chef which he is not! its complicated

Hi All, I am looking into possibility of 457 visa from my brother who is currently overseas. I have gone through the immigration website and 457 booklet but still i have few questions/quires which i want to get opinion of expert member here. I remember that forum was of great help when i applied for migration 6-7 years ago. Is that possible if my bro came here on visit visa and then he can buy a business here and self sponsor himself for 457. The business can be restaurant/butchery/poultry form/testing lab etc. He has master degree is Physics so i am just wondering how these businesses can work for him in term of occupation as he is not chef, butcher. Also what are the requirements for the business that he can use to self sponsor him. e.g. Does it need to be a established business? Or he can establish a business like a test lab or electrical business? is there any requirement for turnover or employees, tax etc. Your help will be really appreciated.