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Business Innovation and Investment visas |
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The purpose of the Business Innovation and Investment category is to enable entrepreneurs and investors to invest or do business in Australia for the benefit of the Australian economy. |
There are a few subclasses:
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This temporary visa is for people with business skills, it allows to manage a new or existing business in Australia for up to 5 years. The Immigration cost of the visa is AUD$6,085. This temporary visa allows holders of a business innovation and investment subclass 188 visa in the Business Innovation stream to extend their stay in Australia for up to 2 more years The Immigration cost of the visa is AUD$730. This temporary visa requires to invest at least AUD$2,5million in an Australian investment that meets certain criteria and supports business or investment in Australia for up to 5 years. The Immigration cost of the visa is AUD$6,085. This temporary visa is for individuals who invest at least AUD$5 million in Australian investments that meet certain requirements and supports investment activities in Australia for up to 5 years. The Immigration cost of the visa is AUD$8,925. This is temporary visa allows holders of a Business and Investment (Provisional) visa subclass 188 Significant Investor stream holders extend their stay in Australia for up to 4 years. The immigration cost of the visa is AUD$730. This visa is for aspiring entrepreneurs who have received approval to develop their concepts and have been nominated by a state or territory government agency, it allows them to stay up to 5 years in Australia. The Immigration cost of the visa is AUD$4,115. |
Business Innovation and Investment (Permanent) subclass 888 visa This visa allows holders of a Business Innovation and Investment (Provisional) subclass 188 visa or holders of a subclass 444 (Special category) visa, or holders of subclass 457 Business (long-term) visa, to stay in Australia on a permanent basis. This visa allows to continue the investment activity of AUD$1.5 million in Australia on a permanent basis. |
Subclass 893 permanent visa This visa allows to continue the investment activity of AUD$15 million in Australia permanently. This visa allows holders of a Business Innovation and Investment (Provisional) subclass 188 visa in the Entrepreneur stream, to remain in Australia on a permanent basis. The Immigration cost for the subclass 888 visa is AUD$2,935. |
This permanent visa is created for people who own or operate a business in Australia and allows them to stay indefinitely. Before applying for this visa, the applicant must own and operate a business in Australia for at least 2 years, and the turnover of the main business must be at least AUD$300,000. The Immigration cost of the visa is AUD$2,495. |
This permanent visa is for people who are operating business and investment activities of AUD$ 1,5 million for at least 4 years continuously and allows to stay in Australia indefinitely. The Immigration cost of the visa is AUD$2,495. |
This permanent visa is for people who own and operate a business in Australia for at least 2 years before applying and it allows to stay indefinitely in Australia. The applicant must follow the requirements and must have at least 51% of business with a turnover of less than AUD$400,000 per year or 30% of turnover of AUD$400,000 or more, or 10% of a publicly listed company. This visa applicant must be sponsored by the regional government of the state or territory where the business is conducted. The Immigration cost of the visa is AUD$2,495 |
This permanent resident visa is for State/Territory Sponsored (Temporary) subclass 165 Investors who have invested AUD$750,000 over 4 years. The Immigration cost of the visa is AUD$2,495. |