This visa lets you own or manage a business in Australia.
There are multiple streams within this subclass.
With the Business Innovation stream, you can manage or own an Australian business.
With the Investor stream, you must invest at least AUD 1.5 million.
And with the Significant Investor stream, you must invest at least AUD 5 million.
Or AUD 15 million or more for the Premium Investor stream
There are multiple requirements that you need to fulfill before you are granted this visa, depending on the stream you choose to apply for.
But before anything, you must lodge an Expression of Interest (EOI) through SkillSelect program and must be nominated by an Australian state or territory government or Austrade to be eligible to apply for this visa.
Your eligibility criteria depends on the stream you want to apply for. You can contact us for more details to get personalized counseling with our experts.
With this visa, you will be able to:
- conduct your business/investment activity in Australia
- travel to and from Australia for 4 years and 3 months
- bring eligible family members to Australia
And, if you meet certain requirements, you can apply for Permanent Residency through the Business Innovation and Investment visa (subclass 888) Significant Investor stream.
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