Business Investor Visa Australia – Benefits & Streams

Business Investor Visa Australia

The Land of Kangaroos is the most ideal business hub for the global investors. From time and again, a large number of business men/women and investors, from the various parts of the world, have expressed their interest to invest their capital in o the country’s economy.Business Investor Visa Australia

Business Investor Visa Australia

If you are a business professional, and think that you can do extremely well in Oz, through your business, then you must surely know about the Business Innovation and Investment Programme and apply for a Business Investor Visa Australia.

The Department of Immigration and Border Protection (DIBP) has introduced the category to enable the investors to start a new or manage an existing business or directly make an investment in the country.

Australia Business Innovation and Investment Programme (subclass 188) is also part of the Business Innovation and Investment Programme. Candidates will be able to apply for the visa only if they have been nominated by a specific state or territory or an Australian agency and the DIBP invites them to file a petition. Before, the candidate must submit an Expression of Interest (EOI) using SkillSelect.

Business Investor Visa Australia Benefits

  1. Travel in and out of the country any number of times.
  2. Bring your family members in the country.
  3. Apply for Permanent Residency (PR) through Business Innovation and Investment (Permanent) Visa.
  4. Establish a new or manage/overtake an existing business and/or invest with an Australian state or territory.

Visa Streams

  1. Business Innovation Stream: Candidates who possess strong business skills and are keen to establish, or manage a new or existing venture in the country can apply. To initiate the visa application, the candidate must be nominated by a state or territory government.
  2. The Investor Stream: Elite investors, who have at least 1.5 Million Australian Dollars in their pocket to invest in an Australian state or territory, and wish to maintain the same for longer period of time, can apply for the same. To start the visa application process the candidates need a nomination from state or territory government.
  3. Significant Investor Stream: It requires a bit low investment amount than the Investor Stream. Candidates with minimum net worth of 5 Million Australian Dollars to invest in a business or an investment activity in the country can apply.
  4. Premium Investor Stream: It is the most expensive category that requires a minimum net worth of 15 Million Australian Dollars to invest into complying premium investments and maintain business activity in the country. Candidates require a nomination from state or territory government.

Business Innovation and Investment Programme is different from the Skilled Migration Programme. The main aim is to create business opportunities and draw foreign investors. It is designed to encourage foreign entrepreneurs with both business skills and talent. Applicants with a history in innovation and business with the ability to make considerable contribution to the country are welcome.

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