Business Innovation and Investment Visa
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Business Innovation and Investment Visa’s
These are visa’s which are temporary visa’s which provides an initial 4 year visa with a pathway to permanent residence. There are several streams of this visa including ones for Investors, Significant Investors, Business Owners and Entrepreneurs 0 +
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Business Innovation and Investment Subclass 188 Visa
This visa is a temporary visa which provides an initial 4 year visa with a pathway to permanent residence. There are several streams of this visa including:
- Investor
- Significant Investor
- Business Owner
- Entrepreneur
Investor
Key criteria:
- Be nominated by a State or Territory Government
- Be under 55 years of age
- Have assets of at least $2.25 million
- Make an investment of $1.5 million in your nominating State or Territory
- Score at least 65 on the points test
- Meet English, health and character criteria
Significant Investor
Key criteria:
- Be nominated by a State or Territory Government
- Make a complying investment of $5 million
- Meet English, health and character criteria although you can pay an additional application charge if you do not have the required level of English
Business Owner
Key criteria:
- Be nominated by a State or Territory Government
- Be under 55 years of age
- Have an ownership interest in a business that meets certain turnover requirements
- Have net business and / or personal assets of at least $800,000
- Score at least 65 on the points test
- Meet English, health and character criteria
Entrepreneur
Key criteria:
- Be nominated by a State or Territory Government
- Be under 55 years of age
- Have a complying entrepreneurial activity
- Receive funding from an ‘approved’ entity
- Meet English, health and character criteria
Business Innovation and Investment Subclass 888 Visa
This visa is a permanent visa which is available to holders of a subclass 188 visa that meet the relevant criteria that applies to their specific stream of visa.
Each stream (i.e. Investor, Significant Investor, Business Owner and Entrepreneur) has its own criteria
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Business Talent Subclass 132 Visa
This visa provides direct permanent residence for business owners who meet certain requirements.
Key criteria:
- Be nominated by a State or Territory Government
- Be under 55 years of age
- Have an ownership interest in a business that meets certain turnover and asset requirements
- Have net business and / or personal assets of at least $1.5 million
- Meet English, health and character criteria