Business & Investor Migration
The Australian government offers a range of business migration visa options to entrepreneurs and investors who would like to relocate and establish a business or invest in Australia. The Business Innovation and Investment Program is designed to encourage successful business people to migrate and engage in their business and investment activity in Australia.
Subclass 188 Business Innovation and Investment (Provisional) Visa
The Subclass 188 visa allows individuals to own and manage a business, conduct business and investment activity or undertake an entrepreneurial activity in Australia. Visa holders who carry on with their business or investment activity in accordance with the conditions of the Subclass 188 visa, may apply for the Subclass 888 Business Innovation and Investment (Permanent) visa.
The subclass 188 visa is a provisional visa. Holders of a subclass 188 visa may apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream if qualifying requirements are met.
Subclass 888 Business Innovation and Investment (Permanent) visa
The subclass 888 Business Innovation and Investment (Permanent) visa is an Australian permanent residence visa that qualifying Subclass 188 visa holders may be eligible to receive. The subclass 888 visa allows holders to continue the business activities started under the Business Innovation and Investment (Provisional) visa.
Subclass 132 Business Talent (Permanent) Visa
The subclass 132 Business Talent visa is for accomplished business owners to operate a new or existing business in Australia. The visa applicant must demonstrate significant business talent obtained while running their own business and have access to substantial funding to establish or develop a new business in Australia.
Visa applicants may apply under the Significant Business History or the Venture Capital Entrepreneur stream.
Significant Business History Stream
Subclass 132 Business Talent Visa applicants who apply under the Significant Business History stream must demonstrate –
- a net value of at least AUD1.5 million in lawfully acquired assets.
- an annual business turnover of at least AUD3 million for at least two of the four fiscal years before the applicant is invited to apply.
- a total net assets of at least AUD400,000 as the ownership interest in one or more qualifying business for at least two of the four fiscal years immediately before the applicant is invited to apply.
Venture Capital Entrepreneur Stream
The subclass 132 Business Talent Visa under the Venture Capital Entrepreneur stream is for applicants who have sourced venture capital funding from a member of the Australian Investment Council (AIC) (formerly known as the Australian Private Equity and Venture Capital Association Limited (AVCAL). The visa enables applicants to operate a new or existing business in Australia.