Australia Business Visa

A business visa offers a number of advantages including a temporary visa of up to 4 years and the applicant’s immediate family members listed on the application to live, work and study in Australia with them. At Eduworld Immigration, we have a team of expert consultants that guide you through processes like process and visa application, eligibility assessment, and ensuring that the application for visa is submitted and processed successfully within an appropriate time period for you to easily travel to Australia.

With a comprehensive economic policy framework, Australia offers a highly competitive market which has a sound, stable and modern infrastructure that serves as an ideal destination for investment. These are the two major reasons that make Australia a favoured destination for doing business.

Business and Investor Migrants

Visas fall into two main categories:

There are a number of visa options for new business and investors:
Existing business and investor visa holders may be eligible to apply for one of the following visas:

PROVISIONAL VISAS

Business Innovation and Investment (Provisional) (subclass 188) visa
The Business Innovation and Investment (Provisional) visa (subclass 188) is part of the Business Innovation and Investment Programme.
You must submit an Expression of Interest (EOI) through Skill Select and be nominated by a state or territory government or Austrade on behalf of the Australian government before being invited to apply for this visa.

The visa(Subclass 188) includes four streams:

• 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.
Holding this visa is the first stage before becoming eligible to qualify for a Business Innovation and Investment (Permanent) visa (subclass 888).

Business Innovation stream-Subclass 188

• A genuine and realistic commitment to be involved as an owner of a new or existing business in Australia.
• State or territory sponsored provisional visa with no minimum English requirement.
• Be less than 55 years of age.
• An overall successful business career.
• Net business & Personal assets (Net-worth) of $800,000.
• A Business turnover of $500,000.
• 65 points required for Qualifying.

Queensland

In addition the DIBP criteria, if applicants seeking Queensland state nomination must meet the following criteria:
In addition to the DIBP criteria, applicants seeking Queensland state nomination must meet the following criteria:

NSW Criteria

In addition the DIBP criteria, applicants seeking NSW state nomination must meet the following criteria:

You must provide a full resume of your business career and responsibilities demonstrating a successful business career.
You must provide a Business Commitment (see NSW Business Commitment template) for a profitable business in NSW demonstrating sound knowledge of the Australian market, providing details of research activities that you have undertaken and an evaluation on how your proposed business or investment will perform in the NSW context. The ownership share must be at least 51% with turnover of less than A$400,000 per annum, or 30% of a business with turnover of more than A$400,000 per annum, or 10% of a publicly-listed company.

Your Business Commitment must include at least $300,000 in business investment if your business will be in REGIONAL NSW. Your Business Commitment must include at least $500,000 in business investment if your business will be in SYDNEY. Your Business Commitment cannot be in one of the excluded industry sectors3 if your business will be in SYDNEY.

You must provide evidence of the availability of funds for settling and living expenses for not less than 1 year.

If DIBP have previously refused to grant you a business skills, business employment or Business Innovation & Investment visa, or has cancelled such a visa, NSW may not sponsor you for a provisional visa unless you can show mitigating circumstances.

Victoria

In addition the DIBP criteria, if applicants seeking Victoria state nomination must meet the following criteria:
To be eligible for visa nomination by the state of Victoria, you will need to:

PERMANENT RESIDENCY VISA

Business Talent (Permanent) (subclass 132) visa
There are two streams under visa subclass 132:

DIBP Requirements

You might be able to get this visa if you are nominated by a state or territory government agency and are invited to apply by the minister.

You must also either:

• have net business and personal assets of at least AUD1.5 million and an annual business turnover of at least AUD3 million if you intend to apply for the visa in the Significant Business History stream, or
• have obtained at least AUD1 million in venture capital funding to start the commercialization and development of a high-value business idea in Australia if you intend to apply for the visa in the Venture Capital Entrepreneur stream.