BUSINESS INNOVATION STREAM

• This visa lets you ,operate a new or existing business in Australia
• bring eligible members of your family with you
• apply for a permanent operate a new or existing business in Australia bring eligible members of your family with you

apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream

ELIGIBILITY

• score at least 65 on the points test

• provide proof of your business success (annual turnover, ownership stake)
• You, your partner, or you and your partner together, have total net business and personal assets of at least AUD800,000.

STAY

upto 4 years and 3 months

INVESTOR STREAM

• This provisional visa requires you to invest at least AUD1.5 million in an Australian State or Territory and maintain business or investment activity in Australia.
• You can, carry out business and investment activity in Australia
  bring eligible members of your family with you
  apply for a permanent carry out business and investment activity in Australia
• bring eligible members of your family with you
  apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Investor stream if certain requirements are met.

ELIGIBILITY

• make an investment of AUD1.5 million in an Australian State or Territory
• score at least 65 on the points test
• have net business, investment and personal assets of at least AUD2.25 million

STAY

Up to 4 years and 3 months

SIGNIFICANT INVESTOR STREAM

This provisional visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.

With this visa you can carry out investment activity in Australia
apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Significant Investor stream if certain requirements are met.

ELIGIBILITY

• be invited to apply for this visa
• be nominated by a State or Territory government agency or Austrade to invest at least AUD5 million that meets certain requirements and have a genuine intention to hold that investment for at least for 4 years
• have a genuine intention to live in the State or Territory whose government agency nominates you

STAY

Up to 4 years and 3 months

ELIGIBILITY

• hold, or in certain cases must have held a Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation stream
• hold, or in certain cases must have held a Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation Extension stream
• have held the Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream for at least 3 years
• not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream visa
• be nominated by a State or Territory government agency.

STAY

6 years after the date of the grant of the original Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream that you held at the time of application; or 8 years after the date of the grant of the original Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation stream if the visa that you held at the time of application was a Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation Extension stream and COVID-19 concessions ap

SIGNIFICANT INVESTOR EXTENTION VISA

This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in Australia for up to 4 more years.

ELIGIBILITY

• hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream and have held that visa for at least 3 years; or
• hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor Extension stream and not have held more than one of these visas
• be nominated by a State or Territory government agency or Austrade

STAY

Extend stay for up to 4 years

PREMIUM INVESTOR STREAM

This provisional visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions.

with this visa,
• you can carry out business and investment activity in Australia
• stay in Australia for up to 4 years and 3 months
• apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Premium Investor stream if certain requirements are met.

ELIGIBILITY

• be nominated by Austrade
• be invited to apply for this visa
• invest at least AUD15 million in Australian investments and/or philanthropic contributions that meet certain requirements
• have a genuine intention to hold the investment for the whole period of the visa (except any part of the investment that is a philanthropic contribution)

STAY

4 year and 3 months