Australian Investor & Business Visas
Australia’s business migration program encourages successful business people to develop new or existing businesses in Australia, or make certain investments in Australia.
There are currently three types of Business Visas that you may be eligible to apply for, being the permanent Business Talent Visa, the Business Innovation and Investment Visa (both temporary and permanent options available).
1. The Business Talent (Permanent) (subclass 132) Visa: This is a permanent visa for business people who are nominated by an Australian state or territory government agency.
This visa has two separate streams:
2. Business Innovation and Investment (Provisional) (Subclass 188) Visa: This is a temporary visa for successful business innovators and investors
who intend to invest or enter into business in Australia and contribute to the growth of the Australian economy.
This visa has three separate streams:
3. Business Innovation and Investment (Permanent) (Subclass 888) visa: This is the second-stage Permanent Residency visa
for holders of the Subclass 188 visa. Those applicants who hold a Special Category (subclass 444) Visa or a Business (Long stay) (subclass 457IE) Visa may also be eligible for this visa.
This visa has three separate streams:
The requirements for the various Business Visas are quite detailed and complex. What is considered acceptable (e.g. investment type) for one stream of one subclass, is not acceptable for another.
Our registered migration lawyers are experienced in analysing financial reports and understanding business structures, so that your business holdings can be presented to the DIBP in a form that satisfies the requirements.
We can advise you on your intended business investment, taxation structures, commercial agreements, business purchases and other associated matters.
Our lawyers hold accounting and commercial law qualifications, so we understand the issues, and how they need to be presented to secure the visa.
The Business Talent (Permanent) (subclass 132) Visa
The following are the specific requirements of the Significant Business History stream:
Business Innovation and Investment (Provisional) (Subclass 188) Visa
The following are the specific requirements of the Business Innovation stream:
- You score at least 65 on the Business Points Test;
- You have net business and personal assets of at least AUD800 000 that are legally acquired and can be transferred to Australia within two years after the visa is granted;
- You have had an ownership interest in an established business or businesses that had at least AUD500 000 turnover for two out of the last four fiscal years;
- You have ownership of at least:
- 51 per cent of a business with turnover of less than AUD400 000 per year,
- 30 per cent of a business with turnover of more than AUD400 000 per year, or
- 10 per cent of a publicly listed company.
- You have an overall successful business career;
- You have no involvement in unacceptable business activities;
- You have a genuine desire to own and maintain a management role in a business in Australia; and
- You are younger than 55 (unless your proposed business will be of exceptional benefit to the region where it will operate).
The following are the specific requirements of the Significant Investor stream:
- You have been in Australia on a Subclass 888 Visa for at least 160 days in the past four years; and
- You have held the complying investment for at least four years continuously.
- Finance Monthly – Law Awards 2017: Migration Law Firm of the Year – Australia
- Lawyer Monthly Legal Awards 2016: Migration Lawyer of the Year
- AI M&A Award 2015: Most Innovative Migration Firm Australia
Contact The Migration Place
For all matters concerning Australian investor and business visa applications, contact the team at The Migration Place today.