BUSINESS VISAS

There are four visa streams under the Business Innovation and Investment Program (BIIP - subclass 188). These Business Visas offer a direct pathway to permanent residence after three years, subject to meeting certain residence and investment or business turnover requirements. The initial provisional visa will be valid for five years.

Business Innovation Stream Subclass 188 (Provisional)

This Visa is designed for people who have an ownership interest in a business in their home country would like to establish a new or develop an existing business in Australia.

Investor Stream Subclass 188 (Provisional)

This Visa is designed for people who want to make a designated investment of at least AUD 2.5 million into a complying Australian-managed investment fund for the duration of the provisional visa validity and reside in the country for at least two years.

Significant Investor Stream Subclass 188 (Provisional)

This Visa designed for people who are prepared to invest at least AUD 5 million into a complying Australian-managed investment fund for the duration of the provisional visa validity and reside in the country for an average of 40 days a year for primary visa holders.

Business Talent Visa – Entrepreneur Stream

Subclass 188 (Provisional)

This visa is for start-up and early-stage entrepreneurs who have been endorsed and nominated by a State or Territory Government to develop their concepts.