Business Visas
Australian business visas are designed to allow foreign nationals to conduct business activities in Australia.
There are several types of business visas available, including the Business Innovation and Investment visa, the Temporary Activity visa, and the Employer Nomination Scheme visa.
These visas have different requirements and conditions, but generally, they require applicants to have a successful business career, investment or entrepreneurial experience, a solid business plan or investment proposal, and sufficient financial resources.
Business visas may also require applicants to meet certain health and character requirements, and may provide opportunities for visa holders to bring their family members to Australia.
The length of stay, work and travel conditions, and eligibility for permanent residency vary depending on the specific visa category.
Age Limit
Under 55 years of age
Subclass 888A
Assets Requirement
Minimum of at least A$ 800,000
Points - tested
Portfolio
Business turnover of at least
A$ 500,000
for the last 2 years
Processing Time
17 - 18 Months
Permanent Residency eligible after 2 years, given that applicant meets additional requirements
Business Innovation
Subclass 188A
Age Limit
Under 55 years of age
Subclass 888B
Assets Requirement
Minimum of at least A$ 2.25 M
Points - tested
Portfolio
Business turnover of at least
A$ 1.5 M
3 years management
Processing Time
20 - 22 Months
Permanent Residency eligible after 4 years, given that applicant meets additional requirements