Temporary Business Visas
These are typically valid for five years; they will eventually lead to permanent residency. There are four distinct streams designed for current business owners and investors, all require nomination (sponsorship) by an Australian state or territory government or Austrade (Significant Investor only). Each state or territory has its own criteria for nominating a potential business migrant. Austrade
- Business Innovation Stream: For people with business skills who want to establish, develop and manage a new or existing business in Australia. This is a points tested visa.
- Investor Stream: for people who are willing to invest at least AUD 2.5 million into complying investments in Australia and will maintain the investment for the duration of the visa. This is a points tested visa.
- Significant Investor Stream: for people who are willing to invest at least AUD 5 million into investments in Australia and will maintain the investment for the duration of their visa. For this particular stream as an alternative to a state or territory government nomination, Austrade can nominate applicants on behalf of the Australian government.
- Entrepreneur: for people to undertake an activity that is proposed to lead to either the commercialization of a product or service in Australia or the development of business in Australia.
Permanent Business visas:
Business people who arrive in Australia as the holder of any of the above-mentioned temporary visas usually qualify for a corresponding permanent visa, if they have been involved in business or investments activities that meet specific criteria.
Since 1 July 2021 there is a no direct permanent entry visa option.
For further information or an advice tailored specifically to your circumstances, please contact us and one of our specialist in the field will promptly be in touch with you.