Competitive Business Advantages within Australia

  • Australia’s economic resilience and steady and constant growth over the last 25 years provides a low-risk environment in which to do business.

  • Australia offers a highly educated, multicultural workforce with an enterprising mindset.

  • In an uncertain world, Australia’s sound governance makes it one of the safest places in the world to do business.

  • Australia is well positioned geographically to integrate globally and continue to develop strong trade and investment links with the growing Asia-Pacific region.

Business Innovation and Investment Visa Subclass 188

The Australian Business Innovation and Investment (provisional) visa Subclass 188 is a temporary stay visa issued for up to four years and three months from the date of the grant. There are five (streams ) within the visa as follows:

  • Business innovation stream

  • Investor stream

  • Significant investor stream

  • Premium investor stream

  • Entrepreneur stream

Eligibility requirements are specified generally for the Subclass 188 visa (points test, EOI, State Nomination, & invitation) with each stream specifying its own additional specific requirements 

Subclass 188 holders can apply for a Business Innovation and Business Investment Visa (permanent; subclass 888), allowing them to remain in Australia permanently if they comply with the requirements of the visa during the period of grant

These streams cater for applicants with different business and investment goals in Australia:

Business Innovation Stream

  • This stream allows applications from individuals with a proven successful business career, who have had an ownership interest in an established business or businesses that have had an annual turnover of at least AUD $500,000 for at least two out of the last four fiscal years. Applicants must meet the point score test of 65. and be under 55 years of age at the time of application. 

  • Applicants must own a specified percentage of their nominated main business ranging from 10% for a public Company to 51% if turnover is less than $400K p/a.​

  • At time of invitation aplicants and/or their partners must have a total net business and personal assets of at least AUD $800,000 (plus funds to settle in Australia). Assets must be lawfully acquired and available to transfer to Australian within two years of the visa being granted.

 

A subclass 188 visa in this stream will be valid for four years, and holder can apply for one extension for an addition two years.

 

Investor Stream
The investor stream is for applicants who have a genuine intention to invest in an Australian state/territory or government security of at least AUD $1.5 million.  These streams allows applications from individuals with high level management skills in relation to investment and at least three years’ experience of direct involvement in managing qualifying businesses or eligible investments. Applicants must meet the point score test of 65 and have a genuine intention to live for at least two years in the state or territory in which they make the designated investment.

Business Investment Visa applicants must be under 55 years of age at the time of application, unless the nominating state or territory waive this requirement on the grounds that the proposed investment will be of exceptional economic benefit to the nominating state or territory.

Additionally applicants must:

  • Have had business and personal assets of at least AUD $2.25 M for the past two fiscal years

  • For at least one of the past five years:

    • Management a business in which they held 10% of shares

    • Managed eligible investments of at least AUD $1.5 M in value

 

Significant Investor Stream
This stream is for applicants who are willing to make a complying investment of at least AUD $5 M and have genuine intention to hold the investment for at least four years.  Applicants must demonstrate a realistic commitment to living in Australia for at least 40 days per year for the duration of the provisional visa.

The complying investment must be made in the following proportions over four years:

  • At least AUD $500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies

  • At least AUD 1.5 M in approved managed funds investing in emerging companies listed on the Australian Stock Exchange

  • At least AUD $3 M in managed funds that may invest in a range of assets, including ASX listed companies Australian corporate bonds or notes, annuities and commercial real estate.

Premium Investor Stream
This stream is for applicants who will make a AUD $15M investment into the Australian economy and will hold the complying investment for the whole of the visa period. Nominations for this stream are made exclusively by Austrade on behalf of the Australian government.

Entrepreneur Stream
This stream is for applicants who are undertaking or proposing to undertake a complying entrepreneurial activity in Australia. Applicants must be under 55 years of age at the time of application. Complying entrepreneurial activities must be legally enforceable agreements to receive funding with of at least AUD $200,000 and cannot relate to residential area estate, labour hire or purchase or an existing enterprise or franchise in Australia.

 

Applicants must also establish that:

  • They have competent English at the time of application

  • 10% or more of the funding is payable to the entrepreneurial entity within 12 months of the activity starting in Australia

  • At they held at least a 30% interest in the entrepreneurial entity when they entered the agreement

  • That they have a business plan specifying how the idea will lead to the development of an enterprise or business in Australia

Competitive Advantages within Australia

  • Australia’s economic resilience and steady and constant growth over the last 25 years provides a low-risk environment in which to do business.

  • Australia offers a highly educated, multicultural workforce with an enterprising mindset.

  • In an uncertain world, Australia’s sound governance makes it one of the safest places in the world to do business.

  • Australia is well positioned geographically to integrate globally and continue to develop strong trade and investment links with the growing Asia-Pacific region.

Competitive Advantages within Australia

  • Australia’s economic resilience and steady and constant growth over the last 25 years provides a low-risk environment in which to do business.

  • Australia offers a highly educated, multicultural workforce with an enterprising mindset.

  • In an uncertain world, Australia’s sound governance makes it one of the safest places in the world to do business.

  • Australia is well positioned geographically to integrate globally and continue to develop strong trade and investment links with the growing Asia-Pacific region.

Business Innovation and Investment (Permanent) Visa Subclass 888

The subclass 888 Business Innovation and Investment (Permanent) Visa provides a pathway to Permanent Residence for holders of the Subclass 188 visa.

Applicants must demonstrate that they have met all the criteria for their subclass 188 visa and have not been involved in any unacceptable business or investment activities. All applicants must again be nominated by an Australian state/territory or Austrade and demonstrate a realistic commitment to maintain their business and/or investment activities.

 

Business Talent Visa Subclass 132

 

The Business Talent Subclass 132 is a permanent Business Visa for applicants to establish a new business or develop an existing business in Australia, under two separate streams. 

This Business Talent visa requires that the applicant be sponsored by an Australian state or Territory government and receive a written invitation to submit the Visa. 

 

Applicants must demonstrate that they genuinely have a realistic commitment to establish an eligible business or participate in an existing eligible business in Australia.

They must also:

  • Have a realistic commitment to maintain a substantial ownership interest in the business;

  • Maintain substantial ownership, and maintain direct and continuous involvement in its day-to-day management;

  • Influence its overall direction and performance in a way that benefits the Australian community; and

  • Not have a history of involvement in business activities that are of a nature that is not generally acceptable in Australia

 

There are two separate streams of the Business Talent visa:

Significant Business History Stream

The Significant Business History stream is for high-calibre business owners who intend to do business in Australia.

To apply under this stream, the applicant must have:

  • An overall successful business career with no involvement in unacceptable business activities, alongside a desire to own and maintain a management role in a business in Australia;

  • Net business and personal assets of at least A$1.5 million (which can be transferred to Australian within a two year period following the grant of the visa);

  • Net assets of at least A$400,000 in one or more qualifying businesses (in at least two of the four fiscal years immediately before being invited to apply for the visa);

  • An annual business turnover of at least A$3 million (in at least two of the four fiscal years immediately before being invited to apply for the visa)

  • Ownership of at least:

    • 51 per cent of a business with a turnover of less than A$400,000 per year,

    • 30 per cent of a business with a turnover of more than A$400,000 per year, or

    • 10 per cent of a publicly listed company

 

Unless the proposed business is deemed to be of exceptional economic benefit to Australia, applicants under this stream must be younger than 55 years of age.

Venture Capital Entrepreneur Stream

The Venture Capital Entrepreneur Stream is for applicants who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).

In order to apply under this stream, the applicant must have:

  • Have sourced at least A$1 million in funding from an Australian venture capital firm

  • This funding must be used for:

    • the early-phase start-up of a business in Australia; or

    • the commercialisation of a product in Australia; or

    • the development of a high-value business idea in Australia; or

    • the expansion of a business in Australia.

The net value of the business and personal assets of the applicant (and partner) is sufficient to allow them to settle in Australia.

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