If you are a business owner in Australia or are looking to start or invest in an established Australian business, you may be eligible for a Business Innovation and Investment visa.
Please see the visa options available below:
For people with business skills who want to establish, develop and manage a new or existing business in Australia, make an investment in an Australian state or territory or to undertake a complying entrepreneur activity.
Business Innovation stream: 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: for people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia. Applicants must be nominated by a state or territory government.
Significant Investor stream: 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.
Entrepreneur stream: for people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia. Applicants must be nominated by a state or territory government.
If you pay for your application by credit card, a surcharge will apply. The current surcharge rates are:
* The surcharge will also apply to Debit Visa cards and Debit MasterCards
Applicant in Australia
All charges shown below are in Australian Dollars.
Visa subclass | Base application charge | Additional applicant charge 18 and over | Additional applicant charge under 18 |
---|---|---|---|
Business Innovation and Investment (Provisional) (Subclass 188) – Significant investor stream | $7150 | $3575 | $1790 |
Business Innovation and Investment (Provisional)- (Subclass 188) – Premium investor stream | $8580 | $4290 | $2145 |
Business Innovation and Investment (Provisional)- (Subclass 188) – Business Innovation stream and Investor stream | $4875 | $2440 | $1220 |
Business Innovation and Investment (Provisional)- (Subclass 188) – Business Innovation Extension and Significant Investor Extension streams | $585 | $295 | $150 |
Business Innovation and Investment(Provisional) – (Subclass 188) – Entrepreneur stream | $3670 | $1835 | $920 |
Current holders of the Business Innovation and Investment (Provisional) visa (subclass 188) may be eligible for permanent residency through the Business Innovation and Investment (Permanent) visa (subclass 888).
You may be eligible for a partner category visa if you are:
You must be able to show that you (or you and your partner together) have:
You (or your partner, or you and your partner together) must also demonstrate that you have achieved at least two of the following requirements:
If you pay for your application by credit card, a surcharge will apply. The current surcharge rates are:
* The surcharge will also apply to Debit Visa cards and Debit MasterCards
Applicant in Australia
All charges shown below are in Australian Dollars.
Visa subclass | Base application charge | Additional applicant charge 18 and over | Additional applicant charge under 18 |
---|---|---|---|
Business Innovation and Investment (Permanent) (Subclass 888) | $2350 | $1180 | $585 |
The second instalment of $4890 is for an applicant who has turned 18 at the time of application and is assessed as not having functional English. |
Lodging a visa application with Australian immigration authorities can be complicated and time-consuming. At Australian Education and Visa (AEV) Centre, our agents will guide you smoothly through the process.
With expert counsellors at the ready, our team can answer any questions about immigration and visas that you have.