Business and Investor Visas For Business And Investment Migration
Australia means business and is open for business, and at The Aristos Group, so are we. Australia is putting the call out for forward thinking professionals, business owners, entrepreneurs and investors globally, to bring your skills, talent, ability and business acumen to Australia.
In response to the call we have been working tirelessly to bring together a range of professionals to provide you with a turn key solution for all your requirements, to achieve what in the past could only have possibly been a dream.
Australia is highly sought as a destination globally due to its standard of living, buoyant economy, high standards of education as well as clean and safe environment.
Australia’s economy is maintaining the solid momentum that has delivered Australia 27 years of uninterrupted annual economic growth. More dramatically, Australia is the only country in the developed world with a period of uninterrupted economic growth of this length. Austrade estimates that Australia now holds the record for the longest period of recession-free growth for a developed economy.
We have everything you require to navigate you, your family and business through the minefield and complexities of domiciling yourself in Australia. There are a myriad of elements in the process and we provide a turn key solution to take care of it all for you.
As an introduction we have compiled the following information to avail you of the opportunities currently available through our visa system. Once you have reviewed the information we would welcome the opportunity to speak with you in more detail, to better understand your unique requirements and tailor a solution for you. Please do not hesitate in contacting us for a confidential discussion.
We are at your service and are well placed to assist you with representation on the ground in Australia, South Africa and the United Kingdom, as well as our network of professional service providers throughout Australia.
Read and watch on and feel free to contact us for a confidential discussion.
What You Need To Know About Business and Investor Migration For Australia – Visa 132, 188 & 888
Migration Options For Business Owners And Investors Include The Following Visas
Business Talent (Permanent) visa (subclass 132), which consists of:
- Significant Business History stream
- Venture Capital Entrepreneur stream
- Business Innovation and Investment (Provisional) visa (subclass 188), which consists of:
- Business Innovation stream
- Investor stream
- Significant Investor stream
- Premium Investor stream
- Entrepreneur stream
The subclass 188 Business and Investment (Temporary) visa (subclass 188) are:
- Temporary residence visas
- You will need to meet specified requirements according to your stream and apply for the Business Innovation and Investment (Permanent) visa (subclass 888) to obtain permanent residence
Business Skills (provisional) visas (subclasses 160-165), which include:
- the Business Owner (Provisional) visa (subclass 160)
- the Senior Executive (Provisional) visa (subclass 161)
- the Investor (Provisional) visa (subclass 162)
- the State/Territory Sponsored Business Owner (Provisional) visa (subclass 163)
- the State/Territory Sponsored Senior Executive (Provisional) visa (subclass 164)
- the State/Territory Sponsored Investor (Provisional) visa (subclass 165)
Holders of the visa listed above usually apply for the State or Territory Sponsored Business Owner visa (subclass 892) or the State or Territory Sponsored Investor visa (subclass 893)
Your Guide to the Australian Business Talent 132 Permanent Visa
Visa Subclass 132 Business Talent (Permanent) Visa
With the aim of enhancing the Australian economy, the Department of Home Affairs has implemented the Australian Business Visa Program.
Within the Australian Business Visa Program, the Business Talent 132 Visa encourages successful business owners and investors to settle in Australia while developing a new or existing Australian business.
There are currently two streams in the Business Talent 132 Visa; the Significant Business History Stream and the Venture Capital Entrepreneur Stream. Both of these visas will allow you to stay in Australia permanently.
The Significant Business History Visa (subclass 132) is for business owners or part owners who want to operate a new or existing business in Australia. This person must have a major management role in a new or existing business within Australia.
The Venture Capital Entrepreneur stream (subclass 132) and have sourced venture capital funding to invest in Australia from a member of the Australian Venture Capital Association Limited (AVCAL).
To apply for these visas and complete the application process, you must provide all your personal information. During the application process, you may also be asked to prove your business skills, net assets, and provide your proposed business activity. Home Affairs may also conduct an interview process.
Who Needs This Visa?
Unlike the Business Innovation and Investment 188 visa, the subclass 132 Business Talent visa is the only business/investment visa which grants permanent residency upon approval.
The Business Talent visa will suit business owners who are highly successful by terms of business revenue (Significant Business History stream) and entrepreneurs who have secured venture capital funding (Venture Capital Entrepreneur stream) from a member of the Australian Venture Capital Association Limited (AVCAL).
What Are The General Criteria For This Visa?
- Significant Business History stream
You will need to meet the following criteria:
- age younger than 55 years, unless waived by a state/territory
- have net business and personal assets of AUD 1.5 million or more
- an annual turnover of AUD 3 million or more for one or more of your main businesses for at least 2 years out of the last 4 years
- your ownership interest in the business must be at least AUD 400,000 or 10% of total issued capital if the business is a publicly listed company
- a successful business career
- Venture Capital Entrepreneur stream
You will need to meet the following criteria:
- you have received at least AUD 1 million in funding from an Australia venture capital fund
- the fund must be sourced from a member of AVCAL
- a formal agreement must have been entered into to develop an innovative or high-value business idea
- Applicants for the subclass 132 Business Talent visa are not subject to the points test.
Come Live Our Philausophy
Visa Subclass 188 Business Innovation and Investment (Provisional) Visa
The Australian Business Innovation and Investment (Provisional) visa (subclass 188) is a temporary business visa with seven streams.
This temporary visa is an attractive business visa as it allows business migrants to conduct business and investment activity in Australia or undertake entrepreneurial activity in Australia. Moreover, if you have ownership interests, the subclass 188 business visa will allow you to own and manage a qualifying business in Australia.
While the 188 Business Innovation and Investment visa is a temporary visa, subclass 188 visa holders can apply for permanent residency through the subclass 888 Business Innovation and Investment visa.
Who Needs This Visa?
The subclass 188 Business Innovation and Investment visa is a temporary residence visa that allows overseas business migrants to stay in Australia for up to four years. Once you have been granted your visa you will be allowed to conduct business and investment activity in Australia.
Due to having seven streams and the option to apply for permanent residency, the Business Innovation and Investment subclass 188 is an attractive visa for many entrepreneurs and investors.
General Requirements – 188 Checklist
There are three basic requirements that all 188 Business Innovation and Investment applicants must meet include:
- Being nominated by an eligible government organization
- Being invited to apply for the visa
- Meeting stream requirements
Whether you have a product or service, an innovative idea, a qualifying business or an eligible investment, the Australian government will request supporting documents about your personal and business history. Additionally, The Department of Home Affairs requires Business Innovation and Investor stream applicants to meet a points test requirement of 65 points before completing the application.
The Seven Available Streams:
There are SEVEN streams within the subclass 188 Business Innovation and Investment visa. Your proposed business activity in Australia will depend on which visa you should apply for.
Click on the relevant streams below to learn more about the visa criteria and application process.
This temporary visa is for people with business skills. It lets you operate a new or existing business in Australia.
Business Innovation Extension stream:
This temporary visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream extend their stay for 2 more years.
This temporary visa requires you to invest AUD 1.5 million in an Australian state or territory and maintain business and investment activity in Australia.
This visa is for people who invest AUD 5 million in Australian investments that meet specific requirements and maintain business and investment activity in Australia.
Significant Investor Extension stream:
This visa lets Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay for 2 more years.
This visa is for people who are nominated by Austrade and who invest AUD15 million in Australia.
This visa lets you carry out entrepreneurial activities in Australia. You can stay for up to 4 years and 3 months.
While holding the subclass 188, visa holders in any stream can apply to the Department of Home Affairs for the permanent Business Innovation and Investment (Permanent) visa (subclass 888).
Processing Times:
The Department of Home Affairs has listed each stream as having different processing times.
Processing times for each stream are as follows:
Subclass 188 Streams | Processing Times |
Business Innovation stream | 75% of applications: 18 months |
Business Innovation Extension stream | There are no standard processing times available for this stream. |
Investor stream | 75% of applications: 19 months |
Significant Investor stream | Unavailable due to a low volume of applications. |
Significant Investor extension stream | There are no standard processing times available for this stream. |
Premium Investor stream | Unavailable due to a low volume of applications. |
Entrepreneur stream | Unavailable due to a low volume of applications. |
Visa Subclass 888 Business Innovation and Investment (Permanent) Visa
The permanent Australian Business Innovation and Investment visa (subclass 888) is the second stage of the temporary Australian Business Innovation and Investment visa (subclass 188).
The Business Innovation and Investment 888 Visa is for entrepreneurs and business owners to continue their activity as an Australian permanent resident.
To apply for the business visa subclass 888 you must already be holding a business visa subclass 188.
The 5 Streams:
The current streams available for the subclass 188 and 888 visas include:
Business Innovation – 188A/888A
This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) continue business activities in Australia indefinitely.
Investor – 188B/888B
This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the (subclass 188) in the Investor stream stay indefinitely. It lets you continue your investment activities in Australia.
Significant Investor (SIV) – 188/888C
This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream stay indefinitely. It lets you continue your investment activities in Australia.
Premium Investor (PIV)
This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Premium Investor stream stay indefinitely. It lets you continue your investment activities in Australia.
Entrepreneur
This visa lets you stay in Australia indefinitely. You can apply if you hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream. It lets you continue your entrepreneur activities in Australia.
Who Needs This Visa?
Holders of the provisional Business Innovation and Investment visa (subclass 188) will need to apply for the permanent business visa (subclass 888) upon fulfilling the required conditions for their respective streams.
The Business Innovation and Investment visa (subclass 888) grants permanent residency status. Once the subclass 888 is granted the applicant is allowed to live and work in Australia indefinitely.
What Are The Criteria for The Business Innovation and Investment (Permanent) Visa (subclass 888)?
Due to there being 5 streams within the Business Innovation and Investment visa (subclass 888) it is essential that you review the criteria and requirements for your specific stream. For example, the Australian Investor stream requirements will differ from the Australian Significant Investor visa stream.
Processing Times:
The Department of Home Affairs has listed each stream as having different processing times.
Processing times for each stream are as follows:
|
Subclass 888 Streams |
Processing Times |
|
Business Innovation stream |
75% of applications in 10 months |
|
Investor Stream |
Unavailable due to a low volume of applications. |
|
Significant Investor stream |
75% of applications in 7 months |
|
Entrepreneur stream |
Unavailable due to a low volume of applications. |
|
Entrepreneur stream |
Unavailable due to low volume of applications. |
