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457ie- business plan help!

457ie- business plan help!

Old Sep 24th 2002, 7:34 am
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Default 457ie- business plan help!

we have sent off our 457ie visa and the business plan we sent did not have a spreadsheet in it. will that be enough to stop us getting our visa??
we have been in business for 91/2 years over here and have always done ok. now i am worried sick they will just reject it and we wil haveto start all over again.
please can someone advise me on this as i am now panicking!!!!
cheers
kismet
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Old Sep 24th 2002, 11:40 am
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Default Re: 457ie- business plan help!

Originally posted by kismet:
we have sent off our 457ie visa and the business plan we sent did not have a spreadsheet in it. will that be enough to stop us getting our visa??
we have been in business for 91/2 years over here and have always done ok. now i am worried sick they will just reject it and we wil haveto start all over again.
please can someone advise me on this as i am now panicking!!!!
cheers
kismet
Unlikely that this will cause a problem. As long as:
1/ You can prove you have sufficient liquifiable assets (AUD250K+, unless its now gone to AUD400K as threatened) not to be left trying to rely on the state (which you can't do anyway).
2/ You can prove some form of previous business accumen through records and references.
3/ You have a sensible statement of business intent (where the intent doesn't need P&Ls, Cashflows etc). It normally needs enough of a Turnover statement to prove you can employ enough Australians to qualify (about AUD200K pa).

Then they will more than likely approve the application. Look at it from their perspective - you are bringing capital into the country, cannot claim any benefits or state care, have to pay for your kids to go to school (in NSW anyway), have to work your socks off, invest heavily and employ locals to work up to qualification levels for PR - and if it doesn't work you have to leave.

They can't lose really!

Good Luck.
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Old Sep 24th 2002, 12:33 pm
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Default Re: 457ie- business plan help!

Jonothan

Sorry to interrupt the thread but this $400,000 is a shock to me as we are looking at applying shortly and were bargaining on $250,000. Where and when has this come about?

Cheers
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Old Sep 24th 2002, 6:22 pm
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Default Re: 457ie- business plan help!

Originally posted by bleggy:
Jonothan

Sorry to interrupt the thread but this $400,000 is a shock to me as we are looking at applying shortly and were bargaining on $250,000. Where and when has this come about?

Cheers
Sorry to give you a shock! This was floating around about this time last year when a changeover to AUD400K was mooted for around Oct/Nov 2001. We got our applications in before then so didn't follow up the issue. If you have been investigating recently then the Aus Government probably dropped the idea. Just had a quick look at http://www.immi.gov.au/allforms/temp_457ie.htm and it is still AUD250K!

The recent delayed legislation to remove the FIB rules for pensions (had to be brought in 6m after entry) is a sign that they are trying to make 457ie life slightly easier because of the benefits it brings to Oz. The moves in this direction may explain why they never took the increase up.

I'm not sure whether the FIB changes have passed into law yet - I will post another thread and see if anyone else knows.

Hope this calms things down!!
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Old Sep 24th 2002, 6:27 pm
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Default Re: 457ie- business plan help!

[QUOTE][SIZE=1]Originally posted by Jonothan:

thanks jono for your answer. does anyone else know if this visa is easyish to get?? we have passed our meds and police checks and have the money and 10years exp but am still worried.
cheers for replys
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Old Sep 24th 2002, 7:21 pm
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Default Re: 457ie- business plan help!

[QUOTE][SIZE=1]Originally posted by kismet:
Originally posted by Jonothan:

thanks jono for your answer. does anyone else know if this visa is easyish to get?? we have passed our meds and police checks and have the money and 10years exp but am still worried.
cheers for replys
kismet
I don't think you need to worry so long as you have covered the items that are specifically required for this visa, such as explaining how you will meet the employment criteria, or stating that you will provide training for employees.

We put a lot of research and effort into our business plan, for our own benefit as well as for getting the visa. It only took the caseworker a few hours between not having looked at it, to telling us to go for medicals, so they don't spend much
time examining the detail.

So, don't worry about the spreadsheet!
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Old Sep 24th 2002, 8:17 pm
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Default Re: 457ie- business plan help!

Originally posted by aliceJ:


I don't think you need to worry so long as you have covered the items that are specifically required for this visa, such as explaining how you will meet the employment criteria, or stating that you will provide training for employees.

We put a lot of research and effort into our business plan, for our own benefit as well as for getting the visa. It only took the caseworker a few hours between not having looked at it, to telling us to go for medicals, so they don't spend much
time examining the detail.

So, don't worry about the spreadsheet!
thans alice, you have all been a great help.
what business did you say you were doing and have you got your visa yet?
when are you taking the plunge?
i rang the ac this morning and they said they had sent a letter out today to request meds (which i sent 2 weeks ago) so im taking it as a positive sign.
did you get asked for meds then when did u get your visa??
cheers
kismet
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Old Sep 25th 2002, 4:17 am
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Default Re: 457ie- business plan help!

Originally posted by aliceJ:


I don't think you need to worry so long as you have covered the items that are specifically required for this visa, such as explaining how you will meet the employment criteria, or stating that you will provide training for employees.

We put a lot of research and effort into our business plan, for our own benefit as well as for getting the visa. It only took the caseworker a few hours between not having looked at it, to telling us to go for medicals, so they don't spend much
time examining the detail.

So, don't worry about the spreadsheet!
Hi alicej

You mentioned in June that you were in the process of applying. How have things gone and has the visa come through?

Regards

Blegster
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Old Sep 25th 2002, 9:26 am
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Default Re: 457ie- business plan help!

Originally posted by bleggy:


Hi alicej

You mentioned in June that you were in the process of applying. How have things gone and has the visa come through?

Regards

Blegster
Hello Bleggy,

We were told our application was fine and to submit medicals, which we did, but we've had one of the meds referred to Sydney. (Noel caught mild pneumonia in August while we were waiting for the Ok to go for meds. Cleared up but still scar traces. Really unfortunate timing!) We're now anxious about this although the radiographer said it should be OK.

Can anyone out there give us an indication of how long Sydney takes to make a decision, and whether they are likely to want us to see a specialist or could just ok it?

Cheers
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