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Australia offers a range of Business and Investor Visas designed to attract entrepreneurs, investors, and business owners who can contribute to the country’s economic growth. These visas cater to both temporary and permanent residency, offering pathways for those who wish to invest in or start businesses in Australia. Here’s a brief description of the main types of business visas:
a) 188 Visa (Business Innovation & Investment Visa)
The Subclass 188 Visa is a temporary visa under the Business Innovation and Investment Program. It allows individuals to own and manage a business in Australia, conduct business and investment activities, or undertake entrepreneurial activity. This visa is the first step toward permanent residency for eligible applicants.
b) 188 B Business Visa (Investment)
The 188 B Visa is for individuals who wish to invest a significant amount of money in a designated investment in Australia. Applicants must have a high level of business or investment experience and meet certain financial requirements. This visa is ideal for investors looking to contribute to the Australian economy.
c) 188 C Significant Investment Business Visa
The 188 C Visa is for individuals who make a substantial investment of at least AUD 5 million in complying investments in Australia. This visa does not have a points test and provides a flexible pathway to permanent residency for high-net-worth investors.
d) 188 D Premium Investor Visa
The 188 D Premium Investor Visa targets ultra-high-net-worth individuals willing to invest at least AUD 15 million in premium investments. This visa offers fast-tracked eligibility for permanent residency, making it attractive for those looking for a quicker route to settle in Australia.
e) 188 E Entrepreneur Visa
The 188 E Entrepreneur Visa is for individuals who have an innovative business idea and are funded by a third-party investor. This visa allows entrepreneurs to develop their business ideas in Australia, with the potential to move to permanent residency after certain business milestones are met.
f) 888 Business Innovation & Investment Visa
The 888 Visa is the permanent visa option for individuals who hold a 188 Visa and have met the business or investment requirements of their provisional visa. It allows successful business owners and investors to live in Australia permanently and continue their business or investment activities.
a) 132 Business Talent (Permanent) Visa (Stream A & B)
The 132 Business Talent Visa is a permanent residency visa for experienced business owners and entrepreneurs who have a successful business history and can demonstrate a commitment to starting or developing a business in Australia. There are two streams under this visa:
Stream A (Significant Business History): This stream is for high-caliber business owners who have net assets of at least AUD 1.5 million and a business turnover of at least AUD 3 million. Applicants must be nominated by an Australian state or territory.
Stream B (Venture Capital Entrepreneur): This stream is for individuals who have secured at least AUD 1 million in venture capital funding from an Australian firm to develop a high-value business idea.
