The Business Innovation and Investment Visa program encourages successful businesspeople and investors to establish a business or investment in Australia. If you are looking at establishing an office in Australia, purchasing a business in Australia or migrating to Australia as a business owner or investor, it is important to get the right immigration advice upfront.
This visa is for successful business owners or investors from overseas who are willing invest in new or existing business in Australia or make designated investment in Australia State or Territory government bonds.
The significant investor visa allows overseas applicants who invest at least $5m in ‘complying investments’ in Australia for 4 years to obtain permanent residence. There is no requirement to meet the Business Innovation and Investment points test, and there are Age or English requirements.
This is a permanent visa designed for high calibre business people who are owners or part owners of an overseas business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia.There is no requirement to meet the Business Innovation and Investment points test.