Business Innovation and Investment Program

To be eligible, you must:

• Be below 55 years of age at the time of application
• An overall successful business career with no involvement in unacceptable business activities, involved in the day-to-day management of the business
• Currently own a business that has at least A$3,000,000 annual turnover for at least 2 out of the 4 fiscal years
• Net assets of at least A$400,000 (in a qualifying business) in at least two of the four fiscal years
• Total Assets of at least A$1,500,000 that can be legally transferred to Australia within two years of the visa being granted
• State government sponsor requirement varies according to individual state or territory.

***This visa is no longer available as of 1 July 2021***

To be eligible, you must:

• Be below 55 years of age at the time of application (Age waiver subject to state approval)
• Point test at least 65 points
• Currently own a business that has at least A$750,000 annual turnover for at least 2 out of the 4 fiscal years
• The minimum business ownership percentage of:
  1. 51% where the business turnover is less than A$400,000
  2. 30% where the business turnover is A$400,000 or more
  3. 10% where the business is publicly listed company
• Have a net value of business & personal assets of at least A$1,250,000
• Have an overall successful business career
• Have a genuine and realistic commitment to establish or participate in a qualifying business in Australia on being granted the visa

To be eligible, you must:

• Be below 55 years of age at the time of application (Age waiver subject to state approval)
• Point test at least 65 points
• To be eligible to apply for Permanent Residency (sub-class 888):
  1. Maintain the complying investments for 4 years
  2. Be resident in Australia for a total of 730 days in 5 years
• Have a total of at least 3 years experience of direct involvement in managing one or more qualifying businesses or eligible investments
• Have directly manage a business that is at least 10% owned OR directly manage investments of at least A$2,500,000
• Have a net value of assets of at least A$2,500,000 for the past 2 years immediately before the application is made
• Investment Product:
  1. Complying investment requires AUD500,000 in venture capital fund
  2. AUD750,000 million in fund that invest in emerging companies and
  3. AUD1.25 million in managed fund that invests in Australian companies, bonds or real property (limit of 10% in residential real estate)
• Have a realistic commitment to continue to maintain a business or investment activity in Australia after the investment has matured

To be eligible, you must:

• No age limit
• No English requirement
• Visa can be extended 4 years
• Invest A$5,000,000 into complying investments and maintain for four years
• Funds used to make the investment must be lawfully acquired and unencumbered. Proof of ownership and value required
• To be eligible to apply for Permanent Residency (sub-class 888):
  1. Maintain the complying investments for 4 years
  2. Be resident in Australia for a total of 160 days in 5 years
• Investment Product:
  1. Complying investment requires AUD1,000,000 in venture capital fund
  2. AUD1.5 million in fund that invest in emerging companies and
  3. AUD2.5 million in managed fund that invests in Australian companies, bonds or real property (limit of 10% in residential real estate)
• Investment can be in one or more of the investment options and the mix can be changed during the four year period