The Business and Investor Immigration pathway is designed for entrepreneurs or professional investors who want to own and run a business/undertake investment activities in Australia and eventually obtain permanent residency.
Subclass 188 has multiple streams:
Business Innovation stream visa allows you to operate a new or existing Australian company.
This provisional visa requires you to invest at least AUD2.5 million in Australian investments that meet certain requirements and maintain business or investment activity in Australia.
Significant Investor stream visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
Entrepreneur stream is ideal for startup and early stage entrepreneurs who have been endorsed to develop their concepts and been nominated by a State or Territory government agency.
To be eligible for a Business Innovation visa, you must be:
To be eligible for an Investor Stream visa, you must be:
Manage Qualifying Businesses or eligible investment
For at least 1 of the 5 fiscal years immediately before we invite you to apply, have directly managed one of the following:
Required Assets
For the 2 fiscal years immediately before invitation, you, your partner, or you and your partner together, have business and personal assets with a net value of at least:
Invest in Australia
If you were invited to apply for this visa on or after 1 July 2021, you must make (on or after the time of application for this visa), a complying significant investment of at least AUD2.5 million. You must hold complying significant investments continuously for the life of your provisional visa.
It must be invested in the following proportions:
Have the right experience
You must have had:
To be eligible for a Significant Investor visa, you must be:
To be eligible for a Entrepreneur Stream visa, you must be:
We have summarised a cost estimate for a Business and Investor Visa application as below.
Paid directly to the Department of Home Affairs
Paid directly to the agency (i.e.; BUPA in Australia) that conducts your medical checks
Paid directly to Australian Federal Police that conducts your character checks
Paid directly to overseas authorities that conducts your character checks
No, you do not have to buy a business in advance, or invest any money anywhere before applying for a business visa.
You can get points for many reasons, including your:
If you are older than 55, a State or Territory might invite you to apply for this visa if your business will be of exceptional economic benefit.
Holders of the Subclass 188 Business and Investment visa can continue living in Australia permanently by applying for a subclass 888 visa. Subclass 888 has multiple streams, which includes:
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