Business VISAS

Business Visas in Australia allow entrepreneurs, investors, and business owners to establish, manage, or develop a new or existing business.

Subclass 188 The Business Innovation Stream</strong

The Business Innovation Stream of the Subclass 188 visa, part of the Australian Business Innovation and Investment Program, is designed for entrepreneurs who want to own and manage a new or existing business in Australia. This provisional visa is a pathway to permanent residency for business owners demonstrating a successful business track record and a genuine commitment to managing a business in Australia. This visa is an opportunity for successful business owners to expand their business in Australia. It requires a combination of business acumen, financial resources, and a commitment to contributing to the Australian economy, leading to potential permanent residency for successful entrepreneurs.

Purpose and Eligibility

The Business Innovation Stream is intended to attract individuals with a history of successful business management who can contribute to the Australian economy through innovation and entrepreneurship. The eligibility criteria include:

Age

Applicants must be under 55 years of age, although a state or territory can waive this requirement if the proposed business will significantly benefit the regional or national economy.

Business Experience

A substantial history of successful business management, typically demonstrated by ownership of a business.

Points Test:

Applicants must score at least 65 on the points test, which assesses factors such as age, English proficiency, qualifications, and business experience.

Financial Requirements:

Applicants must have a genuine and realistic commitment to being involved as an owner in a new or existing business in Australia. They must have had an ownership interest in an established business or businesses that had at least AUD 500,000 turnover in at least two of the four fiscal years immediately before being invited to apply.

Net Personal and Business Assets:

Applicants must have total net business and personal assets of at least AUD 800,000 that are lawfully acquired and can be transferred to Australia within two years of the visa being granted.

Visa Features and Conditions

Duration:  The visa is typically granted for 4 years and 3 months, with a pathway to apply for permanent residency through the Subclass 888 visa.
Business Activities: Visa holders must have a substantial ownership interest and be involved in the day-to-day management and decision-making of the business.
Compliance with Australian Laws: Comply with all relevant Australian laws and regulations for businesses.
Further Stay: Visa holders who show a successful track record of business in Australia may be eligible to apply for permanent residency under the Subclass 888 Business Innovation and Investment (Permanent) visa.

Application Process

The application process involves several stages:
  • Expression of Interest (EOI):   Applicants must submit an EOI through SkillSelect and indicate their interest in the Business Innovation Stream.
 
  • State or Territory Nomination: Applicants must seek nomination from an Australian state or territory government agency. This involves meeting the state or territory’s specific requirements and submitting a detailed business proposal.
  • Invitation to Apply:  Following a successful EOI and nomination, applicants may receive an invitation to apply for the visa.
 
  • Visa Application: Submitting a formal visa application along with required documents, including business history, assets, and a detailed business plan.

Considerations for Success

  • Business Plan:   A robust, well-researched business plan outlining the business’s potential growth, innovation, and contribution to the Australian economy.
 
  • Active Involvement: Demonstrated commitment to actively managing and growing the business in Australia.
  • Economic Contribution  Evidence that the business will contribute to the Australian economy, such as job creation, export potential, or innovation.
  • Professional Advice: Many applicants engage with migration agents or business advisors familiar with Australian business and immigration laws to strengthen their application.
  • Compliance and Reporting Adhering to visa conditions, including regular reporting to immigration and other government bodies.
 

The Subclass 188 Investor Stream </strong

The Subclass 188 Investor Stream is a key component of Australia’s Business Innovation and Investment Program, designed to attract foreign investors to contribute to the nation’s economic growth. This visa is a provisional visa, offering a pathway to permanent residency for individuals who make significant financial investments in the Australian economy. This visa stream is a strategic immigration pathway for high-net-worth individuals to contribute to Australia’s economic prosperity. It demands substantial financial investment and offers the potential for permanent residency. The application process is competitive and requires thorough preparation and adherence to the specific investment and residency requirements of the Australian government. Prospective applicants are advised to stay updated with the latest regulations and may benefit from consulting with immigration experts or registered migration agents.

Eligibility Criteria

To qualify for the Subclass 188 Investor Stream, applicants must meet specific criteria:

Nomination:

Applicants must be nominated by an Australian state or territory government.

Age:

Typically, applicants should be under 55 years old, although exceptions can be made if the investment is of exceptional economic benefit.

Investment Funds:

Applicants must have at least AUD 1.5 million to invest.

Business and Investment Experience:

A history of successful investment or business activity is required.

Personal and Business Assets:

Applicants must have a certain level of personal and business assets, usually amounting to at least AUD 2.25 million, accumulated legally, and available for investment in Australia.

Compliance with Investment Requirements:

The investment must comply with certain requirements and be maintained for a minimum period (usually four years).

Eligibility Criteria

Standard health and character checks are mandatory.
While not mandatory, applicants without functional English must pay an additional fee.
Applicants must score at least 65 on the points test, which assesses factors like age, English proficiency, and business experience.
The investment of AUD 1.5 million must be made in a state or territory government security and held for a minimum period (usually four years). This investment should be made after the visa is granted and must be maintained throughout the visa’s validity. The specific terms and conditions of the investment can vary based on the nominating state or territory.

Visa Application Process

  • Expression of Interest (EOI):  Applicants must submit an EOI through the SkillSelect online service.
 
  • Nomination:After submitting the EOI, applicants must receive a nomination from an Australian state or territory government.
  • Visa Application:   Once nominated, applicants can then apply for the visa.
 
  • Documentation:Comprehensive documentation of business and investment history, along with personal documents, are required.
 
  • Investment: After the visa is granted, the applicant must make the designated investment.

Benefits of the Visa

Holders of the Subclass 188 Investor Stream visa can:

Benefits

Operate a business and invest in Australia. Bring eligible family members with them.

Benefits

Apply for permanent residency through the Subclass 888 visa after fulfilling the investment requirements.

Benefits

Travel in and out of Australia for the duration of the visa.

Pathway to Permanent Residency

  • After maintaining the investment in Australia for at least four years, visa holders can apply for the Subclass 888 Permanent Visa.

 

  • This stage requires demonstrating a commitment to maintaining business or investment activities in Australia.

Subclass 188 The Significant Investor Stream

The Significant Investor Stream of the Subclass 188 visa is a distinctive pathway designed by the Australian government to attract high-net-worth individuals willing to make substantial investments in the Australian economy. This stream offers a provisional visa, leading to potential permanent residency, under the Business Innovation and Investment Program. This visa is a tailored pathway for affluent individuals who can significantly contribute to Australia’s economy through substantial investments. It provides an opportunity for investors and their families to eventually become permanent residents of Australia, subject to fulfilling investment and residency stipulations. Given the complexity and financial implications, potential applicants often benefit from consulting with financial advisors and registered migration agents to navigate the process effectively.

Eligibility Criteria

Applicants interested in the Significant Investor Stream must satisfy several criteria:

Investment Options

The investment of AUD 5 million must be spread across various complying investment options:

At least AUD 500,000 in venture capital and growth private equity funds investing in start-ups and small private companies.

At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.

A ‘balancing investment’ of up to AUD 3 million in managed funds, which may include Australian listed securities, eligible corporate bonds or notes, annuities, and commercial real estate.

Visa Application Process

Expression of Interest (EOI)
Applicants submit an EOI via the SkillSelect system.
Nomination
They must be nominated by an Australian state or territory government agency or Austrade.
Visa Application
Once nominated, the individual can formally apply for the visa.
Investment
Following the visa grant, the applicant has a specified timeframe to make the complying investments.

Benefits of the Visa

The Significant Investor Stream offers several advantages:

Potential for Permanent Residency

After maintaining the investment for four years, applicants can pursue permanent residency through the Subclass 888 visa.

No Direct Business Management Requirement

Applicants are not required to actively manage a business in Australia.

Family Inclusion

Allows the primary visa holder to include family members in the application.

Travel Rights

Multiple entries into Australia for the visa's duration.

Flexibility in Investment Choices

Offers a range of investment options.

Subclass 188 The Premium Investor Stream

The Premium Investor Stream of the Subclass 188 visa is an exclusive pathway within the Australian Business Innovation and Investment Program. It’s designed for high-caliber investors, offering a fast-tracked route to permanent residency for those who can make a significant impact on the Australian economy through substantial investment activities. This visa is tailored for ultra-high-net-worth individuals who can make a significant economic impact through their investments in Australia. It stands out for its high investment requirement and the expedited path it offers to permanent residency. This stream attracts a niche category of global investors seeking to leverage Australia’s economic strengths while gaining residency privileges. Given the complexity and the high stakes involved, applicants typically engage with financial advisors and immigration specialists to ensure compliance with all requirements and maximize the benefits of their investment.

Eligibility Criteria:

Application Process

Applicants submit an EOI through SkillSelect.
Eligibility for nomination often depends on the individual's investment history and the potential economic benefits to Australia.
Following nomination, applicants can apply for the visa.
The significant investment must be made and maintained as per the guidelines.

Benefits of the Visa

Access to Australian Markets and Economy:

A gateway for investors to access and benefit from Australia’s stable and diverse economy.

Potential for Permanent Residency:

After maintaining the investment for 12 months, there is an opportunity to transition to permanent residency through the Subclass 888 visa.

Family Reunion:

Provides the opportunity for the entire family to live, study, and work in Australia.

Healthcare and Education Benefits:

Access to Australia’s healthcare system and world-class education system.

Key Features of the Premium Investor Stream

  • High Investment Threshold: Reflects its focus on attracting only the most influential and financially capable investors.
  • Fast Track to Permanent Residency: One of the quickest pathways to permanent residency in Australia, subject to meeting investment requirements.
  • Flexibility in Investment Choices: Wide range of investment options to choose from.
  • No Direct Business Management Requirement: The visa does not require the applicant to manage a business directly in Australia.
  • Family Inclusion: Allows for family members to be included in the application.

Subclass 188 The Entrepreneur Stream

The Entrepreneur Stream of the Subclass 188 visa is a unique and dynamic pathway designed for innovative entrepreneurs who aim to develop and commercialize their high-potential business ideas in Australia. It forms a part of the broader Australian Business Innovation and Investment Program, offering a provisional visa leading to potential permanent residency through the Subclass 888 visa. This visa stream provides a conducive environment for entrepreneurs with innovative ideas and robust business plans, backed by significant funding, to establish and grow their ventures in Australia. It encourages international talent to contribute to the country’s dynamic business landscape, fostering innovation and economic development. As with other business visas, the process involves several stages and requires a detailed understanding of the requirements. Potential applicants often benefit from consulting with business advisors and immigration experts to navigate the process effectively and maximize the potential of their entrepreneurial endeavours in Australia.

Eligibility Criteria

The Entrepreneur Stream targets individuals who have a forward-thinking business concept and the drive to bring it to fruition in Australia. Key eligibility requirements include:

Nomination

Applicants must be nominated by an Australian state or territory government.

Funding Agreement

A funding agreement from a third party (such as venture capital firms, angel investors, government entrepreneurship schemes, or business incubators) for at least AUD 200,000 is required to develop the entrepreneur activity in Australia.

Business Proposal

They need to have a viable business idea or entrepreneurial venture. This should be a plan to develop a business or enterprise in Australia, which is innovative, has a genuine need for the proposed venture in Australia, and has a realistic prospect of success.

Age

Applicants should be under 55 years of age, although exceptions can be made if the proposed business will be of exceptional economic benefit.

English Proficiency

Functional English is necessary. Applicants lacking this may need to pay an additional fee.

Health and Character Checks

Standard health and character requirements must be met.

Entrepreneur Activity

The core of the Entrepreneur Stream is the entrepreneur activity, which involves:
  • Developing or commercializing a product or service in Australia.

  • Developing an enterprise or business in Australia.

  • Any other activities as specified by the nominating state or territory government.This activity should not be related to residential real estate, labour hire, or purchasing an existing enterprise or franchise in Australia.

Application Process

  • Expression of Interest (EOI): Applicants must submit an EOI through the SkillSelect system.
 
  • State or Territory Nomination: Following the EOI, applicants need to secure a nomination from a state or territory.
  • Visa Application: Post nomination, they can apply for the visa.
 
  • Compliance with Funding Agreement:The entrepreneur activity must be undertaken, and the funding agreement terms must be complied with.

Benefits of the Visa

Pathway to Permanent Residency:

Successful applicants can eventually apply for the Subclass 888 Permanent Visa, subject to meeting certain requirements.

Opportunity to Innovate:

Offers a platform to develop and commercialize innovative ideas.

No Points Test:

Unlike other business and investment visas, the Entrepreneur Stream does not require a points test.

Family Inclusion:

Includes provisions for the primary visa holder to include family members in the application.

Subclass 188 The Business Innovation Stream

The Business Innovation Stream of the Subclass 188 visa, part of the Australian Business Innovation and Investment Program, is designed for entrepreneurs who want to own and manage a new or existing business in Australia. This provisional visa is a pathway to permanent residency for business owners demonstrating a successful business track record and a genuine commitment to managing a business in Australia. This visa is an opportunity for successful business owners to expand their business in Australia. It requires a combination of business acumen, financial resources, and a commitment to contributing to the Australian economy, leading to potential permanent residency for successful entrepreneurs.

Purpose and Eligibility

The Business Innovation Stream is intended to attract individuals with a history of successful business management who can contribute to the Australian economy through innovation and entrepreneurship. The eligibility criteria include:
✦ Age
Applicants must be under 55 years of age, although a state or territory can waive this requirement if the proposed business will significantly benefit the regional or national economy.
✦ Business Experience
A substantial history of successful business management, typically demonstrated by ownership of a business.
✦ Points Test:
Applicants must score at least 65 on the points test, which assesses factors such as age, English proficiency, qualifications, and business experience.
✦ Financial Requirements
Applicants must have a genuine and realistic commitment to being involved as an owner in a new or existing business in Australia. They must have had an ownership interest in an established business or businesses that had at least AUD 500,000 turnover in at least two of the four fiscal years immediately before being invited to apply.
✦ Net Personal and Business Assets:
Applicants must have total net business and personal assets of at least AUD 800,000 that are lawfully acquired and can be transferred to Australia within two years of the visa being granted.

Visa Features and Conditions

➜ Duration
The visa is typically granted for 4 years and 3 months, with a pathway to apply for permanent residency through the Subclass 888 visa.
➜ Business Activities
Visa holders must have a substantial ownership interest and be involved in the day-to-day management and decision-making of the business.
➜ Compliance with Australian Laws
Comply with all relevant Australian laws and regulations for businesses.
➜ Further Stay
Visa holders who show a successful track record of business in Australia may be eligible to apply for permanent residency under the Subclass 888 Business Innovation and Investment (Permanent) visa.

➖Application Process

The application process involves several stages:
✦ Expression of Interest (EOI):
Applicants must submit an EOI through SkillSelect and indicate their interest in the Business Innovation Stream.
✦ State or Territory Nomination:
Applicants must seek nomination from an Australian state or territory government agency. This involves meeting the state or territory’s specific requirements and submitting a detailed business proposal.
✦ Invitation to Apply:
Following a successful EOI and nomination, applicants may receive an invitation to apply for the visa.
✦ Visa Application:
Submitting a formal visa application along with required documents, including business history, assets, and a detailed business plan.

➖Considerations for Success

  • Business Plan: A robust, well-researched business plan outlining the business’s potential growth, innovation, and contribution to the Australian economy.
  • Active Involvement: Demonstrated commitment to actively managing and growing the business in Australia.
  • Economic Contribution: Evidence that the business will contribute to the Australian economy, such as job creation, export potential, or innovation.
  • Professional Advice: Many applicants engage with migration agents or business advisors familiar with Australian business and immigration laws to strengthen their application.
  • Compliance and Reporting: Adhering to visa conditions, including regular reporting to immigration and other government bodies.

The Subclass 188 Investor Stream

The Subclass 188 Investor Stream is a key component of Australia’s Business Innovation and Investment Program, designed to attract foreign investors to contribute to the nation’s economic growth. This visa is a provisional visa, offering a pathway to permanent residency for individuals who make significant financial investments in the Australian economy. This visa stream is a strategic immigration pathway for high-net-worth individuals to contribute to Australia’s economic prosperity. It demands substantial financial investment and offers the potential for permanent residency. The application process is competitive and requires thorough preparation and adherence to the specific investment and residency requirements of the Australian government. Prospective applicants are advised to stay updated with the latest regulations and may benefit from consulting with immigration experts or registered migration agents.

Eligibility Criteria

To qualify for the Subclass 188 Investor Stream, applicants must meet specific criteria:
✦ Nomination:
Applicants must be nominated by an Australian state or territory government.
✦ Age:
Typically, applicants should be under 55 years old, although exceptions can be made if the investment is of exceptional economic benefit.
✦ Investment Funds:
Applicants must have at least AUD 1.5 million to invest.
✦ Business and Investment Experience:
A history of successful investment or business activity is required.
✦ Personal and Business Assets:
Applicants must have a certain level of personal and business assets, usually amounting to at least AUD 2.25 million, accumulated legally, and available for investment in Australia.
✦ Compliance with Investment Requirements:
The investment must comply with certain requirements and be maintained for a minimum period (usually four years).

✦ Health and Character Checks:
Standard health and character checks are mandatory.
✦ English Language Proficiency:
While not mandatory, applicants without functional English must pay an additional fee.
✦Points Test:
Applicants must score at least 65 on the points test, which assesses factors like age, English proficiency, and business experience.
✦Investment Requirements:
The investment of AUD 1.5 million must be made in a state or territory government security and held for a minimum period (usually four years). This investment should be made after the visa is granted and must be maintained throughout the visa’s validity. The specific terms and conditions of the investment can vary based on the nominating state or territory.

Visa Application Process

  • Expression of Interest (EOI): Applicants must submit an EOI through the SkillSelect online service.
  • Nomination: After submitting the EOI, applicants must receive a nomination from an Australian state or territory government.
  • Visa Application: Once nominated, applicants can then apply for the visa.
  • Documentation: Comprehensive documentation of business and investment history, along with personal documents, are required.
  • Investment: After the visa is granted, the applicant must make the designated investment.

Benefits of the Visa

Holders of the Subclass 188 Investor Stream visa can:
  • Operate a business and invest in Australia. Bring eligible family members with them.
  • Bring eligible family members with them.
  • Apply for permanent residency through the Subclass 888 visa after fulfilling the investment requirements.
  • Travel in and out of Australia for the duration of the visa.

Pathway to Permanent Residency

  • After maintaining the investment in Australia for at least four years, visa holders can apply for the Subclass 888 Permanent Visa.
  • This stage requires demonstrating a commitment to maintaining business or investment activities in Australia.

Subclass 188 The Significant Investor Stream

The Significant Investor Stream of the Subclass 188 visa is a distinctive pathway designed by the Australian government to attract high-net-worth individuals willing to make substantial investments in the Australian economy. This stream offers a provisional visa, leading to potential permanent residency, under the Business Innovation and Investment Program. This visa is a tailored pathway for affluent individuals who can significantly contribute to Australia’s economy through substantial investments. It provides an opportunity for investors and their families to eventually become permanent residents of Australia, subject to fulfilling investment and residency stipulations. Given the complexity and financial implications, potential applicants often benefit from consulting with financial advisors and registered migration agents to navigate the process effectively.

Eligibility Criteria:

Applicants interested in the Significant Investor Stream must satisfy several criteria:

✦ Nomination:

They must be nominated by an Australian state or territory government agency or Austrade on behalf of the Australian government.

✦ Investment Amount:

A commitment to invest at least AUD 5 million in complying investments in Australia is required.

✦ Complying Investments:

The investment must be allocated across various options, such as venture capital and growth private equity funds, approved managed funds investing in emerging companies, and balancing investments in managed funds or Listed Investment Companies (LICs) that invest in a combination of eligible assets.

✦ Duration of Investment:

The investment must be maintained for at least four years.

✦ Residency Requirement:

There is a flexible residency requirement, which doesn’t mandate continuous stay but requires a significant amount of time spent in Australia over the course of the visa.

✦ Health and Character Requirements:

Standard health and character checks apply.

✦ No Age Limit:

Unlike other streams, there is no upper age limit for applicants.

✦ No English Language Requirement:

While there is no mandatory English language proficiency requirement, a lack of functional English may attract an additional fee.

✦ No Points Test:

This stream does not require applicants to pass a points test.

Investment Options

The investment of AUD 5 million must be spread across various complying investment options:

At least AUD 500,000 in venture capital and growth private equity funds investing in start-ups and small private companies.

At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.

A ‘balancing investment’ of up to AUD 3 million in managed funds, which may include Australian listed securities, eligible corporate bonds or notes, annuities, and commercial real estate.

Visa Application Process

➜Expression of Interest (EOI)

Applicants submit an EOI via the SkillSelect system.

➜Nomination

They must be nominated by an Australian state or territory government agency or Austrade.

➜ Visa Application

Once nominated, the individual can formally apply for the visa.

➜ Investment

Following the visa grant, the applicant has a specified timeframe to make the complying investments.

Benefits of the Visa

The Significant Investor Stream offers several advantages:

➜ Potential for Permanent Residency

After maintaining the investment for four years, applicants can pursue permanent residency through the Subclass 888 visa.

➜ No Direct Business Management Requirement

Applicants are not required to actively manage a business in Australia.

➜ Family Inclusion

Allows the primary visa holder to include family members in the application.

➜ Travel Rights

Multiple entries into Australia for the visa’s duration.

➜ Flexibility in Investment Choices

Offers a range of investment options.

Subclass 188 The Premium Investor Stream

The Premium Investor Stream of the Subclass 188 visa is an exclusive pathway within the Australian Business Innovation and Investment Program. It’s designed for high-caliber investors, offering a fast-tracked route to permanent residency for those who can make a significant impact on the Australian economy through substantial investment activities. This visa is tailored for ultra-high-net-worth individuals who can make a significant economic impact through their investments in Australia. It stands out for its high investment requirement and the expedited path it offers to permanent residency. This stream attracts a niche category of global investors seeking to leverage Australia’s economic strengths while gaining residency privileges. Given the complexity and the high stakes involved, applicants typically engage with financial advisors and immigration specialists to ensure compliance with all requirements and maximize the benefits of their investment.

Eligibility Criteria:

✦ Nomination by Austrade:
Applicants must be nominated by the Australian Trade and Investment Commission (Austrade) on behalf of the Australian government.
✦ Substantial Investment:
A minimum investment of AUD 15 million is required in complying premium investments in Australia.
✦ Complying Premium Investments :
These investments can include Australian securities exchange listed assets, Australian government or semi-government bonds or notes, corporate bonds or notes issued by an Australian exchange listed entity, Australian proprietary limited companies, real property in Australia excluding residential, deferred annuities issued by Australian registered life companies, state or territory government approved philanthropic contribution.
✦ Investment Period:
The investment must be maintained for at least 12 months.
✦ Residency Requirement:
There is no specific residency requirement, offering flexibility to the investors.
✦ No Age Limit:
There is no age limit for applicants.
✦ Health and Character Requirements:
Standard health and character checks are mandatory.
✦ English Language Proficiency:
No specific requirements, but a lack of functional English may result in additional fees.

Application Process

  • Expression of Interest (EOI): Applicants submit an EOI through SkillSelect.
  • Nomination by Austrade: Eligibility for nomination often depends on the individual’s investment history and the potential economic benefits to Australia.
  • Visa Application: Following nomination, applicants can apply for the visa.
  • Compliance with Investment Requirements The significant investment must be made and maintained as per the guidelines.

Benefits of the Visa:

✦ Access to Australian Markets and Economy:
A gateway for investors to access and benefit from Australia’s stable and diverse economy.
✦ Potential for Permanent Residency:
After maintaining the investment for 12 months, there is an opportunity to transition to permanent residency through the Subclass 888 visa.
✦ Family Reunion:
Provides the opportunity for the entire family to live, study, and work in Australia.
✦ Healthcare and Education Benefits:
Access to Australia’s healthcare system and world-class education system.

Key Features of the Premium Investor Stream

  • High Investment Threshold: Reflects its focus on attracting only the most influential and financially capable investors.
  • Fast Track to Permanent Residency: One of the quickest pathways to permanent residency in Australia, subject to meeting investment requirements.
  • Flexibility in Investment Choices: Wide range of investment options to choose from.
  • No Direct Business Management Requirement: The visa does not require the applicant to manage a business directly in Australia.
  • Family Inclusion: Allows for family members to be included in the application.

Subclass 188 The Entrepreneur Stream

The Entrepreneur Stream of the Subclass 188 visa is a unique and dynamic pathway designed for innovative entrepreneurs who aim to develop and commercialize their high-potential business ideas in Australia. It forms a part of the broader Australian Business Innovation and Investment Program, offering a provisional visa leading to potential permanent residency through the Subclass 888 visa. This visa stream provides a conducive environment for entrepreneurs with innovative ideas and robust business plans, backed by significant funding, to establish and grow their ventures in Australia. It encourages international talent to contribute to the country’s dynamic business landscape, fostering innovation and economic development. As with other business visas, the process involves several stages and requires a detailed understanding of the requirements. Potential applicants often benefit from consulting with business advisors and immigration experts to navigate the process effectively and maximize the potential of their entrepreneurial endeavours in Australia.

Eligibility Criteria

The Entrepreneur Stream targets individuals who have a forward-thinking business concept and the drive to bring it to fruition in Australia. Key eligibility requirements include:
✦ Nomination
Applicants must be nominated by an Australian state or territory government.
✦ Funding Agreement
A funding agreement from a third party (such as venture capital firms, angel investors, government entrepreneurship schemes, or business incubators) for at least AUD 200,000 is required to develop the entrepreneur activity in Australia.
✦ Business Proposal
They need to have a viable business idea or entrepreneurial venture. This should be a plan to develop a business or enterprise in Australia, which is innovative, has a genuine need for the proposed venture in Australia, and has a realistic prospect of success.
✦ Age
Applicants should be under 55 years of age, although exceptions can be made if the proposed business will be of exceptional economic benefit.
✦ English Proficiency
Functional English is necessary. Applicants lacking this may need to pay an additional fee.
✦ Health and Character Checks
Standard health and character requirements must be met.

Entrepreneur Activity

The core of the Entrepreneur Stream is the entrepreneur activity, which involves:
  • Developing or commercializing a product or service in Australia.
  • Developing an enterprise or business in Australia.
  • Any other activities as specified by the nominating state or territory government.This activity should not be related to residential real estate, labour hire, or purchasing an existing enterprise or franchise in Australia.

Application Process

➜ Expression of Interest (EOI):
Following the EOI, applicants need to secure a nomination from a state or territory.
➜ Visa Application:
Post nomination, they can apply for the visa.
➜ Compliance with Funding Agreement:
The entrepreneur activity must be undertaken, and the funding agreement terms must be complied with.

Benefits of the Visa

✦ Pathway to Permanent Residency
Successful applicants can eventually apply for the Subclass 888 Permanent Visa, subject to meeting certain requirements.
✦ Opportunity to Innovate:
Offers a platform to develop and commercialize innovative ideas.
✦ No Points Test:
Unlike other business and investment visas, the Entrepreneur Stream does not require a points test.
✦ Family Inclusion:
Includes provisions for the primary visa holder to include family members in the application.

Subclass 188 The Business Innovation Stream

The Business Innovation Stream of the Subclass 188 visa, part of the Australian Business Innovation and Investment Program, is designed for entrepreneurs who want to own and manage a new or existing business in Australia. This provisional visa is a pathway to permanent residency for business owners demonstrating a successful business track record and a genuine commitment to managing a business in Australia. This visa is an opportunity for successful business owners to expand their business in Australia. It requires a combination of business acumen, financial resources, and a commitment to contributing to the Australian economy, leading to potential permanent residency for successful entrepreneurs.

Purpose and Eligibility

The Business Innovation Stream is intended to attract individuals with a history of successful business management who can contribute to the Australian economy through innovation and entrepreneurship. The eligibility criteria include:
✦ Age
Applicants must be under 55 years of age, although a state or territory can waive this requirement if the proposed business will significantly benefit the regional or national economy.
✦ Business Experience
A substantial history of successful business management, typically demonstrated by ownership of a business.
✦ Points Test:
Applicants must score at least 65 on the points test, which assesses factors such as age, English proficiency, qualifications, and business experience.
✦ Financial Requirements
Applicants must have a genuine and realistic commitment to being involved as an owner in a new or existing business in Australia. They must have had an ownership interest in an established business or businesses that had at least AUD 500,000 turnover in at least two of the four fiscal years immediately before being invited to apply.
✦ Net Personal and Business Assets:
Applicants must have total net business and personal assets of at least AUD 800,000 that are lawfully acquired and can be transferred to Australia within two years of the visa being granted.

Visa Features and Conditions

➜ Duration
The visa is typically granted for 4 years and 3 months, with a pathway to apply for permanent residency through the Subclass 888 visa.
➜ Business Activities
Visa holders must have a substantial ownership interest and be involved in the day-to-day management and decision-making of the business.
➜ Compliance with Australian Laws
Comply with all relevant Australian laws and regulations for businesses.
➜ Further Stay
Visa holders who show a successful track record of business in Australia may be eligible to apply for permanent residency under the Subclass 888 Business Innovation and Investment (Permanent) visa.

➖Application Process

The application process involves several stages:
✦ Expression of Interest (EOI):
Applicants must submit an EOI through SkillSelect and indicate their interest in the Business Innovation Stream.
✦ State or Territory Nomination:
Applicants must seek nomination from an Australian state or territory government agency. This involves meeting the state or territory’s specific requirements and submitting a detailed business proposal.
✦ Invitation to Apply:
Following a successful EOI and nomination, applicants may receive an invitation to apply for the visa.
✦ Visa Application:
Submitting a formal visa application along with required documents, including business history, assets, and a detailed business plan.

➖Considerations for Success

  • Business Plan: A robust, well-researched business plan outlining the business’s potential growth, innovation, and contribution to the Australian economy.
  • Active Involvement: Demonstrated commitment to actively managing and growing the business in Australia.
  • Economic Contribution: Evidence that the business will contribute to the Australian economy, such as job creation, export potential, or innovation.
  • Professional Advice: Many applicants engage with migration agents or business advisors familiar with Australian business and immigration laws to strengthen their application.
  • Compliance and Reporting: Adhering to visa conditions, including regular reporting to immigration and other government bodies.

The Subclass 188 Investor Stream

The Subclass 188 Investor Stream is a key component of Australia’s Business Innovation and Investment Program, designed to attract foreign investors to contribute to the nation’s economic growth. This visa is a provisional visa, offering a pathway to permanent residency for individuals who make significant financial investments in the Australian economy. This visa stream is a strategic immigration pathway for high-net-worth individuals to contribute to Australia’s economic prosperity. It demands substantial financial investment and offers the potential for permanent residency. The application process is competitive and requires thorough preparation and adherence to the specific investment and residency requirements of the Australian government. Prospective applicants are advised to stay updated with the latest regulations and may benefit from consulting with immigration experts or registered migration agents.

Eligibility Criteria

To qualify for the Subclass 188 Investor Stream, applicants must meet specific criteria:
✦ Nomination:
Applicants must be nominated by an Australian state or territory government.
✦ Age:
Typically, applicants should be under 55 years old, although exceptions can be made if the investment is of exceptional economic benefit.
✦ Investment Funds:
Applicants must have at least AUD 1.5 million to invest.
✦ Business and Investment Experience:
A history of successful investment or business activity is required.
✦ Personal and Business Assets:
Applicants must have a certain level of personal and business assets, usually amounting to at least AUD 2.25 million, accumulated legally, and available for investment in Australia.
✦ Compliance with Investment Requirements:
The investment must comply with certain requirements and be maintained for a minimum period (usually four years).

✦ Health and Character Checks:
Standard health and character checks are mandatory.
✦ English Language Proficiency:
While not mandatory, applicants without functional English must pay an additional fee.
✦Points Test:
Applicants must score at least 65 on the points test, which assesses factors like age, English proficiency, and business experience.
✦Investment Requirements:
The investment of AUD 1.5 million must be made in a state or territory government security and held for a minimum period (usually four years). This investment should be made after the visa is granted and must be maintained throughout the visa’s validity. The specific terms and conditions of the investment can vary based on the nominating state or territory.

Visa Application Process

  • Expression of Interest (EOI): Applicants must submit an EOI through the SkillSelect online service.
  • Nomination: After submitting the EOI, applicants must receive a nomination from an Australian state or territory government.
  • Visa Application: Once nominated, applicants can then apply for the visa.
  • Documentation: Comprehensive documentation of business and investment history, along with personal documents, are required.
  • Investment: After the visa is granted, the applicant must make the designated investment.

Benefits of the Visa

Holders of the Subclass 188 Investor Stream visa can:
  • Operate a business and invest in Australia. Bring eligible family members with them.
  • Bring eligible family members with them.
  • Apply for permanent residency through the Subclass 888 visa after fulfilling the investment requirements.
  • Travel in and out of Australia for the duration of the visa.

Pathway to Permanent Residency

  • After maintaining the investment in Australia for at least four years, visa holders can apply for the Subclass 888 Permanent Visa.
  • This stage requires demonstrating a commitment to maintaining business or investment activities in Australia.

Subclass 188 The Significant Investor Stream

The Significant Investor Stream of the Subclass 188 visa is a distinctive pathway designed by the Australian government to attract high-net-worth individuals willing to make substantial investments in the Australian economy. This stream offers a provisional visa, leading to potential permanent residency, under the Business Innovation and Investment Program. This visa is a tailored pathway for affluent individuals who can significantly contribute to Australia’s economy through substantial investments. It provides an opportunity for investors and their families to eventually become permanent residents of Australia, subject to fulfilling investment and residency stipulations. Given the complexity and financial implications, potential applicants often benefit from consulting with financial advisors and registered migration agents to navigate the process effectively.

Eligibility Criteria:

Applicants interested in the Significant Investor Stream must satisfy several criteria:

✦ Nomination:

They must be nominated by an Australian state or territory government agency or Austrade on behalf of the Australian government.

✦ Investment Amount:

A commitment to invest at least AUD 5 million in complying investments in Australia is required.

✦ Complying Investments:

The investment must be allocated across various options, such as venture capital and growth private equity funds, approved managed funds investing in emerging companies, and balancing investments in managed funds or Listed Investment Companies (LICs) that invest in a combination of eligible assets.

✦ Duration of Investment:

The investment must be maintained for at least four years.

✦ Residency Requirement:

There is a flexible residency requirement, which doesn’t mandate continuous stay but requires a significant amount of time spent in Australia over the course of the visa.

✦ Health and Character Requirements:

Standard health and character checks apply.

✦ No Age Limit:

Unlike other streams, there is no upper age limit for applicants.

✦ No English Language Requirement:

While there is no mandatory English language proficiency requirement, a lack of functional English may attract an additional fee.

✦ No Points Test:

This stream does not require applicants to pass a points test.

Investment Options

The investment of AUD 5 million must be spread across various complying investment options:

At least AUD 500,000 in venture capital and growth private equity funds investing in start-ups and small private companies.

At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.

A ‘balancing investment’ of up to AUD 3 million in managed funds, which may include Australian listed securities, eligible corporate bonds or notes, annuities, and commercial real estate.

Visa Application Process

➜Expression of Interest (EOI)

Applicants submit an EOI via the SkillSelect system.

➜Nomination

They must be nominated by an Australian state or territory government agency or Austrade.

➜ Visa Application

Once nominated, the individual can formally apply for the visa.

➜ Investment

Following the visa grant, the applicant has a specified timeframe to make the complying investments.

Benefits of the Visa

The Significant Investor Stream offers several advantages:

➜ Potential for Permanent Residency

After maintaining the investment for four years, applicants can pursue permanent residency through the Subclass 888 visa.

➜ No Direct Business Management Requirement

Applicants are not required to actively manage a business in Australia.

➜ Family Inclusion

Allows the primary visa holder to include family members in the application.

➜ Travel Rights

Multiple entries into Australia for the visa’s duration.

➜ Flexibility in Investment Choices

Offers a range of investment options.

Subclass 188 The Premium Investor Stream

The Premium Investor Stream of the Subclass 188 visa is an exclusive pathway within the Australian Business Innovation and Investment Program. It’s designed for high-caliber investors, offering a fast-tracked route to permanent residency for those who can make a significant impact on the Australian economy through substantial investment activities. This visa is tailored for ultra-high-net-worth individuals who can make a significant economic impact through their investments in Australia. It stands out for its high investment requirement and the expedited path it offers to permanent residency. This stream attracts a niche category of global investors seeking to leverage Australia’s economic strengths while gaining residency privileges. Given the complexity and the high stakes involved, applicants typically engage with financial advisors and immigration specialists to ensure compliance with all requirements and maximize the benefits of their investment.

Eligibility Criteria:

✦ Nomination by Austrade:
Applicants must be nominated by the Australian Trade and Investment Commission (Austrade) on behalf of the Australian government.
✦ Substantial Investment:
A minimum investment of AUD 15 million is required in complying premium investments in Australia.
✦ Complying Premium Investments :
These investments can include Australian securities exchange listed assets, Australian government or semi-government bonds or notes, corporate bonds or notes issued by an Australian exchange listed entity, Australian proprietary limited companies, real property in Australia excluding residential, deferred annuities issued by Australian registered life companies, state or territory government approved philanthropic contribution.
✦ Investment Period:
The investment must be maintained for at least 12 months.
✦ Residency Requirement:
There is no specific residency requirement, offering flexibility to the investors.
✦ No Age Limit:
There is no age limit for applicants.
✦ Health and Character Requirements:
Standard health and character checks are mandatory.
✦ English Language Proficiency:
No specific requirements, but a lack of functional English may result in additional fees.

Application Process

  • Expression of Interest (EOI): Applicants submit an EOI through SkillSelect.
  • Nomination by Austrade: Eligibility for nomination often depends on the individual’s investment history and the potential economic benefits to Australia.
  • Visa Application: Following nomination, applicants can apply for the visa.
  • Compliance with Investment Requirements The significant investment must be made and maintained as per the guidelines.

Benefits of the Visa:

✦ Access to Australian Markets and Economy:
A gateway for investors to access and benefit from Australia’s stable and diverse economy.
✦ Potential for Permanent Residency:
After maintaining the investment for 12 months, there is an opportunity to transition to permanent residency through the Subclass 888 visa.
✦ Family Reunion:
Provides the opportunity for the entire family to live, study, and work in Australia.
✦ Healthcare and Education Benefits:
Access to Australia’s healthcare system and world-class education system.

Key Features of the Premium Investor Stream

  • High Investment Threshold: Reflects its focus on attracting only the most influential and financially capable investors.
  • Fast Track to Permanent Residency: One of the quickest pathways to permanent residency in Australia, subject to meeting investment requirements.
  • Flexibility in Investment Choices: Wide range of investment options to choose from.
  • No Direct Business Management Requirement: The visa does not require the applicant to manage a business directly in Australia.
  • Family Inclusion: Allows for family members to be included in the application.

Subclass 188 The Entrepreneur Stream

The Entrepreneur Stream of the Subclass 188 visa is a unique and dynamic pathway designed for innovative entrepreneurs who aim to develop and commercialize their high-potential business ideas in Australia. It forms a part of the broader Australian Business Innovation and Investment Program, offering a provisional visa leading to potential permanent residency through the Subclass 888 visa. This visa stream provides a conducive environment for entrepreneurs with innovative ideas and robust business plans, backed by significant funding, to establish and grow their ventures in Australia. It encourages international talent to contribute to the country’s dynamic business landscape, fostering innovation and economic development. As with other business visas, the process involves several stages and requires a detailed understanding of the requirements. Potential applicants often benefit from consulting with business advisors and immigration experts to navigate the process effectively and maximize the potential of their entrepreneurial endeavours in Australia.

Eligibility Criteria

The Entrepreneur Stream targets individuals who have a forward-thinking business concept and the drive to bring it to fruition in Australia. Key eligibility requirements include:
✦ Nomination
Applicants must be nominated by an Australian state or territory government.
✦ Funding Agreement
A funding agreement from a third party (such as venture capital firms, angel investors, government entrepreneurship schemes, or business incubators) for at least AUD 200,000 is required to develop the entrepreneur activity in Australia.
✦ Business Proposal
They need to have a viable business idea or entrepreneurial venture. This should be a plan to develop a business or enterprise in Australia, which is innovative, has a genuine need for the proposed venture in Australia, and has a realistic prospect of success.
✦ Age
Applicants should be under 55 years of age, although exceptions can be made if the proposed business will be of exceptional economic benefit.
✦ English Proficiency
Functional English is necessary. Applicants lacking this may need to pay an additional fee.
✦ Health and Character Checks
Standard health and character requirements must be met.

Entrepreneur Activity

The core of the Entrepreneur Stream is the entrepreneur activity, which involves:
  • Developing or commercializing a product or service in Australia.
  • Developing an enterprise or business in Australia.
  • Any other activities as specified by the nominating state or territory government.This activity should not be related to residential real estate, labour hire, or purchasing an existing enterprise or franchise in Australia.

Application Process

➜ Expression of Interest (EOI):
Following the EOI, applicants need to secure a nomination from a state or territory.
➜ Visa Application:
Post nomination, they can apply for the visa.
➜ Compliance with Funding Agreement:
The entrepreneur activity must be undertaken, and the funding agreement terms must be complied with.

Benefits of the Visa

✦ Pathway to Permanent Residency
Successful applicants can eventually apply for the Subclass 888 Permanent Visa, subject to meeting certain requirements.
✦ Opportunity to Innovate:
Offers a platform to develop and commercialize innovative ideas.
✦ No Points Test:
Unlike other business and investment visas, the Entrepreneur Stream does not require a points test.
✦ Family Inclusion:
Includes provisions for the primary visa holder to include family members in the application.

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