Set up a business and sponsor yourself

Last few blog posts, I have mentioned about visa subclass 457 and use your business to sponsor yourself for the visa. No need to worry about getting a job from any employers. Today, I will expand that a little bit more on how you and a group of friends and set up a business and then use that business to sponsor yourself and a group of friends, for get visa subclass 457 and eventually proceed to Australian permanent residence visa; PR.

Temporary Work (Skilled) visa, subclass 457 is one of the visa subclass that many people use as their pathway to permanent residency visa; PR. This can be done with some steps below.

There are ways that you and your friends can pool the money together as a partner and then set up a business. Then you and your friends can use that business to sponsor yourself and your friends. This sponsorship can be sponsored the whole family, not just yourself or your friends.

Here is just 1 scenario:

• 4 families pool their money together and open a restaurant, be it, Indian restaurant, Chinese restaurant, Thai restaurant, Italian restaurant or all sorts of restaurants.
• You need to set up the business as a company, not a sole trader or partnership.
• Presumably that you study commercial cookery or business management (or related fields). Then you can use your own business to sponsor yourself and your friends.
• 1 normal size restaurant; 40-100 seats should be able to sponsor 2 chefs and 2 restaurant managers under visa subclass 457. That is 1 chef at lunch and 1 at dinner. Same thing, 1 restaurant manager at lunch and 1 at dinner.
• You can have your partner or kids (if any) as secondary applicant(s).
• Your friends can have their partners or kids (if any) as their secondary applicant(s) as well.

It will be become a happy ending for at least 4 families.