Business and Investment Visas

Business and Investment Visas:

If you are interested in establishing a new business or own and manage an existing business in Australia, there are different Australian Business visas that might be suitable to you. The present available Australian Business visas are as follows:

• Business Innovation and Investment (Provisional) visa (subclass 188)
• Business Talent (Permanent) visa (subclass 132)

Business Innovation and Investment (Provisional) Visa (Subclass 188)

In order to be able to get this visa, you will need to be nominated by a state or territory or Australian Agency. You will also need to then be invited to apply by the Minister for Immigration and Border Protection.

This visa includes the following 4 streams:

• Business Innovation Stream: This stream is designed for people with business skills who want to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.
• Investor Stream: This is for people who want to make a designated investment in Australia for at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia. Again, applicants must be nominated by a state or territory government.
• Significant Investor Stream: This is for people who are willing to invest at least AUD5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
• Premium Investor Stream: for people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.

This is the provisional visa and holding this is the first stage of becoming eligible to qualify for a Business Innovation and Investment (Permanent) visa (Subclass 888).

Business Talent (Permanent) visa (subclass 132)

This visa is a permanent residence visa. It allows you to establish a new or develop an existing business in Australia. There are two streams for this visa that applicants can apply for:

• Significant Business History Stream and
• Venture Capital Entrepreneur Stream

You will need to be nominated by a state or territory government agency and invited to apply by the minister. You must also have either:

• Net business and personal assets of at least of AUD1.5 million and an annual business turnover of at least AUD3 million if you intend to apply for the visa in the Significant Business History Stream.
• Obtained at least AUD1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia if you intend to apply for the visa in the Venture Capital Entrepreneur stream.