Australia offers a range of business visa options to successful business people and investors who would like to move to Australia and set up a new business, bring over an existing business or carry on investment activity in Australia.
Business visas to Australia are obtained through the Department of Immigration and Border Protection’s (DIBP) Business Innovation and Investment Program. This program is designed to encourage successful business people and investors to settle in Australia and carry on business and investment activity in Australia.
The business Innovation and Investment Program is a state or territory government nomination program which means that successful business visa applicants must first be nominated by a state or territory government for a business visa.
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The Business Innovation and Investment Program has three subclasses:
- The subclass 188 Business Innovation and Investment Provisional visa is a temporary visa which allows successful applicants to come to Australia to carry on business or investment activities in order to meet the criteria so that they can apply for the subclass 888 Business Innovation and Investment Permanent visa.
- The subclass 888 Business Innovation and Investment Permanent visa is an unconditional Australian permanent residence visa which can ultimately lead to Australian citizenship for the visa holder.
- The subclass 132 Business Talent Permanent visa is an unconditional permanent residence visa for eligible applicants who have demonstrated business talent, gained while running their own business.