
Business Innovation and Investment Program (subclass 132, 188, 888 )
This class of visas targets business owners, investors and entrepreneurs. To qualify under this class the applicant needs to provide evidence of a successful business career or management of investments as well as a certain level of personal and business assets.
Business Innovation stream
Under this stream applicant must meet the points test to obtain a provisional visa valid for 4 years. During the 4 year period the applicant is required to obtain ownership interest in an actively operating business in Australia or maintain investment activity. Having held business ownership or investment activity for at least 2 years in Australia and upon meeting certain criteria about managerial involvement in running the business or investment activity, turnover, net business assets and personal assets in Australia and/or employment of Australian permanent residents/citizens you can apply for a permanent business visa.
Significant Investor /Premium Investor
These visas are for applicants who can make a complying investment in Australia in a prescribed pool of funds. The minimum investment for a Significant Investor visa is A$5M and a Premium Investor visa A$15M. More information is available on request.
< VISAS