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NSW Can I Set Up Discretionary Trust on 457 Visa?

Discussion in 'Immigration Law Forum' started by qldeblade, 22 December 2016.

  1. qldeblade

    qldeblade Member

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    Hi.

    Can I legally set up a discretionary trust being on temporary 457 visa? I do not want to have a business on it. I will still be working for the employer that sponsored me. I would like to put there some investments, maybe property.

    Also I need an ABN to create a website with .com.au. Can I do it through the trust?
     
  2. Lance

    Lance Well-Known Member

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    Hi,

    I believe trustees of a trust must be Australian Residence. So being on a 457 visa wouldn't fulfil that.
     
  3. Tim W

    Tim W Lawyer
    LawTap Verified Lawyer

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    Why do you think that a trust is the appropriate structure for what you want to do?
     
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