BC10 Changing a business proposal

If the holder of a work visa and/or permit issued or granted under the Long Term Business Visa/Permit category wishes to change their business proposal within the validity of their visa and/or permit they must seek the consent of a business immigration specialist to the change. Consent may be given if a business immigration specialist is satisfied that:

1. there are genuine reasons for abandoning the original business proposal; and
2. there is a plan for the proposed new business that meets the requirements for a business plan as set out in BC4.5; and
3. the new business proposal requires the same or a greater level of capital investment than the original business proposal; and
4. the applicant has access to sufficient capital to finance the proposed new business; and
5. the applicant has business experience relevant to the proposed new business.

   Note: A permit may be revoked where the applicant is undertaking business activities which breach the conditions of their permit.

Effective 20/11/2002