Business Visas in Australia
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There are various business visas available in Australia. Explore all the Business visa pathways below to see which one is most suitable for you.
Business Migration in Australia
Australia has a dynamic business environment that is recognisably world class. With a diverse economy each state and territory provide a low-risk and stable business environment and welcomes business migrants who wish to set up a business or invest.
How it works
The Australian government allocates a limit on the number of business migration visas they will approved in a financial year. Before you can lodge an application, you’d have to be nominated by an Australian state or territory after you submitan expression of interest.
At present there are several pathways under the business migration program. They are broken down to:
Provisional visa > Permanent Visa; and
Direct Permanent Visa.
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Business Visa Streams in Australia
| STREAMS | PROVISIONAL VISA (Temporary Resident: TR) | PERMANENT VISA (Permanent Resident: PR) |
|---|---|---|
| (i) Business Innovation Stream | Subclass 188(A): The 1st stage is a temporary visa valid for 4 years and 3 months which will allow you to operate a new or existing business in Australia. | Subclass 888(A): Once the requirements are met while holding the subclass 188(A), you will be able to apply for the permanent visa under this stream. |
| (ii) Business Innovation Extension Stream | If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 2 years or up to 4 years if COVID-19 concessions apply. | If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 2 years or up to 4 years if COVID-19 concessions apply. |
| (iii) Investor Stream | Subclass 188(B): The 1st stage is a temporary visa valid for 4 years and 3 months where you will be required to invest $1.5 million in an Australian State or Territory. | Subclass 888(B): Once you have held $1.5 million for 4 years on the subclass 188(B) visa, you will be able to apply for the permanent residency visa. |
| (iv) Significant Investor Visa | Subclass 188(C): The 1st stage is a temporary visa valid for 4 years and 3 months where you will be required to invest $5 million in a complying significant investment portfolio.You are not required to have any experience in business or investment, and the source of the $5millon may be gifted to you. | Subclass 888(C): Once you have held $5 million for 4 years on the subclass 188(C) visa, you will be able to apply for the permanent residency visa. |
| (v) Significant Investor Extension Stream | If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 4 years.If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 4 years. | If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 4 years.If you do not meet the requirements for the permanent visa, you may apply to extend for an additional 4 years. |
| (vi) Premium Investor Stream | Subclass 188(D): The 1st stage is a temporary visa valid for 4 years and 3 months where you will be required to invest $15 million in Australian investments and/or philanthropic contributions.You must be invited by Austrade. | Subclass 888(D): Once you have held $15 million for 12 months on the subclass 188(D) visa, you will be able to apply for the permanent residency visa. |
| (vii) Entrepreneur Stream | Subclass 188(E): The 1st stage is a temporary visa valid for 4 years and 3 months which will allow you to carry out entrepreneurial activities in Australia. | Subclass 888(E): Once the requirements are met while holding the subclass 188(E) for 4 years, you will be able to apply for the permanent visa under this stream. |
| (viii) Significant Business History Stream | N/AThis is a direct permanent visa, you will not be required to hold a provisional visa. | Subclass 132(A): This is a permanent visa that is for experienced business owners, to operate a new or existing business in Australia. |
| (ix) Venture Capital Entrepreneur Stream | N/AThis is a direct permanent visa, you will not be required to hold a provisional visa. | Subclass 132(B): This is a permanent visa that is for people who have sourced venture capital funding. |
Changes of Business Visa Law
Changes of Law
As of 01 July 2021, the business migration program will be reduced down to 4 streams:
Business Innovation
Entrepreneur
Investor
Significant Investor
The direct pathway to permanent business visa will be removed
Complex Matters
We specialize in strategies, such as, (but not limited to):
Seeking travel exemptions
Seeking concessions to meet legal requirements
Meeting business migration requirements with only $100,000 investment
Overcoming legitimacy to source of funds
Dealing with day-to-day management criterion
Dealing with Foreign Investment Review Board (FIRB)
If you are a registered migration agent or immigration lawyer wishing to seek our assistance on a complex issue, please do not hesitate to contact our Accredited Specialist(s) in Immigration Law.
One of Our Lawyers
Angela De Silva - Accredited Specialist in Immigration Law l Special Counsel
Angela De Silva - Accredited Specialist in Immigration Law & Special Counsel
Angela has worked for global firms and specializes in the provision of immigration advice, strategy and compliance for corporate clients.
About Us
Agape Henry Crux (AHC Lawyers) is one of the world’s leading Australian immigration law firms, providing comprehensive immigration solutions and delivering strategic advice to clients on Australian immigration policy and compliance.
With a team of registered migration agents, legal practitioners and Accredited Specialists in Immigration Law, Agape Henry Crux (AHC Lawyers) assist clients with a broad range of Australian immigration services from corporate visas assistance, immigration legal advice, audit and compliance services, litigation and individual migration and citizenship applications.
For further information about Agape Henry Crux, please visit www.ahclawyers.com.
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