
Business Innovation & Investment
Australia's Business Skills and Investor Visa Program caters to accomplished entrepreneurs and investors aiming to establish enterprises or invest in Australia.
Under the current scheme, individuals with temporary visas under the previous Business Skills Visas program (Subclass 160-165) may also apply for permanent residency in Australia.
Explore the diverse visa options available:
This provisional visa is tailored for individuals with business skills, allowing them to operate either a new or existing business in Australia.
With this visa, you can:
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Operate a new or existing business in Australia.
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Bring eligible family members with you.
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Apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) in the Business Innovation stream.
Requirements:
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Receive an invitation to apply (Submission of Expression of Interest - EOI is the first step).
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Demonstrate business ownership.
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Possess personal and business assets meeting specified thresholds.
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Score at least 65 on the points test.
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Maintain a successful business career.
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Be under 55 years of age.
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Demonstrate functional English proficiency (IELTS 4.5 or PTE Academic 30).
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Meet health and character requirements.
Processing time: 50% of applications are processed within 30 months, and 90% are completed within 48 months.
Application Cost: From AUD $9,710.00
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This provisional visa necessitates a minimum investment of AUD 2.5 million in Australian investments meeting specific criteria and maintaining business or investment activity in Australia.
With this visa, you can:
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Carry out business and investment activity in Australia.
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Bring eligible family members with you.
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Apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Investor stream if certain requirements are met.
Requirements:
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Receive an invitation to apply.
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Own and manage business and personal assets and investments.
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Have relevant experience.
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Score at least 65 on the points test.
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Intend to reside in a specific State or Territory for at least two years.
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Be under 55 years of age.
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Demonstrate functional English proficiency.
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Meet health and character requirements.
Processing time: 50% of applications are processed within 37 months, and 90% are completed within 52 months.
Application Cost: From AUD $9,710.00
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This provisional visa is designed for individuals investing at least AUD 5 million in Australian investments meeting prescribed requirements and maintaining investment activity in Australia.
With this visa, you can:
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Carry out investment activity in Australia.
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Apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Significant Investor stream if certain requirements are met.
Requirements:
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Receive an invitation to apply.
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Be nominated.
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Have the capacity to invest at least AUD 5 million.
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Demonstrate functional English language skills.
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Meet health and character requirements.
Processing time: 50% of applications are processed within 37 months, and 90% are completed within 52 months.
Application Cost: From AUD $14,240.00
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This provisional visa is reserved for individuals nominated by Austrade, investing at least AUD 15 million in Australian investments and/or philanthropic contributions.
With this visa, you can:
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Carry out business and investment activity in Australia.
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Stay in Australia for up to 4 years and 3 months.
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Apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Premium Investor stream if certain requirements are met.
Requirements:
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Be nominated.
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Receive an invitation to apply.
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Make a complying premium investment of at least AUD 15 million.
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Demonstrate functional English proficiency.
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Meet health and character requirements.
Processing time: 50% of applications are processed within 37 months, and 90% are completed within 52 months.
Application Cost: From AUD $9,455.00
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Interested in applying for a Business Innovation & Investment visa? Book a consultation with our lawyers for specialised guidance.
Business Innovation & Investment - SC188