Processing Time
12-24 months depending on stream
Cost
AUD $6,660 (Business Innovation) to $9,455 (Significant Investor)
Duration
5 years provisional, then permanent 888
Work Rights
Can work in own business
Path to Permanent Residence
Yes
Requirements
- 1State or territory nomination
- 2Business Innovation: $200K+ investment, 65 points, under 55
- 3Investor: $2.5M in complying investments, 65 points
- 4Significant Investor: $5M in complying investments
- 5Premium Investor: $15M in premium investments
- 6Genuine intention to maintain business/investment activity
Have questions about business innovation & investment visa?