01 July 2003

Subclass 457 - Business (Long Stay) Visa

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From 1 July 2003, immigration law has been amended to give effect to changes to temporary business sponsorship, nomination and visa application and lodgement processes.

The amendment involves a revision of the subclass 457 sponsorship, nomination and visa application requirements, covering:

From 1 July 2003 businesses in Australia or overseas will apply for approval as business sponsors. Approval of a standard business sponsorship will be subject to the provisions of regulation 1.20D (for Australian businesses) or regulation 1.20DA (for overseas businesses). The sponsorship approval will be for a specified number of nominations. The approval will remain in force for a period of two years, or until all the nominations have been filled, or until the sponsorship approval is cancelled, whichever comes first.

There will be a fee of $250 for each temporary business sponsorship application lodged on or after 1 July 2003. There will be a further fee of $50 for each nomination lodged under a standard business sponsorship where the sponsorship application was lodged on or after 1 July 2003. A fee of $50 will also apply to all nominations lodged under labour agreements which were entered into (i.e., signed by all parties to the agreement) on or after 1 July 2003.

Sponsorship applications by Australia businesses;

Temporary business sponsorship and nomination applications will be submitted on new form 1196.

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