Business Innovation & Investment Visa
This visa is for people who want to own and manage a new or existing business or to make an investment in Australia. You may include your dependent family members under this visa. Once approved, the Business visa will allow you and your family to stay in Australia for 4 years. There is an option to apply for an extension for further 2 years if you need more time to develop your business.
A State or Territory sponsored provisional visa with no minimum English requirement and is valid for four years.
The points test does not apply to you if you are applying in the Significant Investor stream, the Premium Investor stream, or the Business Innovation Extension stream or the Significant Investor Extension stream.
The test gives points for various elements of human capital and business innovation and includes objective measures of business performance.
Applicants may be inside or outside Australia at the time of visa grant or application and must:-
There are two streams to this visa subclass
Business Innovation Stream
Applicants must have:
With this visa, you can…
Investor Stream
Applicants must have:
There is no business turnover requirement.