The Australia innovator visa and Australia Business Visa program which comes under Business
Innovation 188, was introduced to attract high-net-worth individuals to invest in Australia. There
are three different investment routes to apply and enter Australia:
Business Innovation
Investor
Significant Investor
The visa is valid for a period of five years and gives the applicant the possibility to obtain the
permanent residency after three years if
they have met the requirements of residency and investment
criteria.
Benefits
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.
Business Innovation
This provisional visa is for people with business skills. It lets you
operate a new or existing business in Australia.
Criteria:
score at least 65 on the points
test
provide proof of your business
success (annual turnover, ownership interest)
You, your partner, or you and your
partner together, have total net business and personal
assets of at least:
AUD1.25 million if you were
invited to apply for this visa on or after 1 July
2021
AUD800,000 if you were invited to
apply for this visa before 1 July 2021
Investor Stream
This provisional visa requires you to invest at least AUD2.5 million in
Australian investments that meet certain requirements and maintain
business or investment activity in Australia.
Criteria:
be nominated by a State or Territory
government agency to invest at least
AUD2.5 million that meets certain
requirements if you were invited to apply on or after 1
July 2021
AUD1.5 million in an Australian
State or Territory if you were invited to apply before 1
July 2021
score at least 65 on the points
test
have net business, investment and
personal assets of at least AUD2.5 million
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.
Criteria:
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 the life of your provisional
visa
have a genuine intention to live in the
State or Territory whose government agency nominates you
Frequently Asked Questions
What is business Innovation visa
in Australia?
Business Innovation stream. This provisional visa is for people
with business skills. It lets you operate a new or existing business in
Australia.
Can I get PR in Australia by
investment?
How much do I need to invest in Australia to get PR /
citizenship? Investors who want to obtain the
Australia PR can apply for the
Subclass 891 Investor Visa. For obtaining this Visa, they must be ready to
invest AUD 1.5 million and must have stayed in Australia for a minimum of 2 out
of the last 4 years.
Who is eligible for business
visa in Australia?
Financial capacity: The applicant must have sufficient funds to
cover their expenses during their stay in Australia. Good character: The
applicant must have good character and no criminal convictions. Health
requirements: The applicant must meet the health requirements set by the
Australian government.
What is the processing time for
subclass 188?
Subclass 188 Visa Processing Times. The subclass 188 visa also
has varying processing times depending on the stream: Business Innovation stream
: 14 – 37 months.
How we can help?
At Abroad Routes Company, we’re committed to helping businesses harness the
power of
innovation in the thriving Australian market. Here’s how we can be your trusted
partner in achieving business excellence:
Market Expertise:Our seasoned professionals possess deep knowledge of
the
Australian business landscape. We provide tailored market research and entry
strategies, ensuring you make informed decisions for your innovative
ventures.
Legal Guidance:Navigating Australian regulations is simplified with
our
expert legal team. We assist in business registration, compliance, and
licensing, safeguarding your innovative projects from legal complexities.
Talent Acquisition: We understand the pivotal role of talent in
driving
innovation. Our network helps you recruit top-notch professionals who share
your
vision, fostering a culture of innovation within your organization.
Funding Connections:Securing financial support for innovation is made
easier through our connections with investors, venture capitalists, and
government grant programs dedicated to advancing innovation in Australia.
Research Collaborations:Australia’s R&D ecosystem is world-class. We
facilitate collaborations with local universities, research institutions,
and
startups, enabling access to cutting-edge technology and knowledge.
Strategic Partnerships:Building partnerships with local businesses
enhances your competitive edge. We help identify and establish
collaborations
that align with your innovation goals, driving growth.
Expansion Support:As you scale and succeed, we continue to support
your
expansion efforts, helping you secure funding, explore new markets, and
achieve
sustainable growth.
With Abroad Routes Company by your side, your business can thrive in Australia’s
innovation-driven economy. Let’s embark on a journey of success together.
