Business Investment Visa for Melbourne, Australia
Business Innovation stream :
- To apply for this type of visa, you should be taking over an existing business or starting over a new business enterprise in Australia.
- You should be nominated by the Australian government or any regional territory agency before you can apply for this visa.
- This type of visa allows you to live and work in Australia for up to 5 years.
- You should also be under 55 years of age and possess relevant business history or qualifications.
- You can apply for a PR 3 years after the grant of this visa.
- You should be able to invest AUD2.5 million in Australia to be eligible for this visa.
- You also require to meet some predefined conditions as regards business and investment.
- This visa is granted for five years.
- It would help if you also had the nomination of the Australian government or territorial government agency.
Significant Investor stream:
- This type of visa can be applied by applicants who can invest AUD5 million in a business in Australia.
- The length of this visa is granted for 5 years and needs you to be nominated by the Australian government or a territorial government agency.
Business Innovation Extension stream:
- This type of visa allows you to extend your stay for up to 2 years in Australia.
- You can apply for this only after holding a business innovation stream visa for at least 3 years.
Significant Investor Extension stream:
- This visa allows you to extend your stay in Australia for 4 more years and 8 years in total, starting from when you were granted the significant investor stream visa.
- It would help if you had the nomination of the Australian government or a territorial government agency to apply for this extension stream visa.
Premium Investor stream:
- This visa is for those applicants who can invest a minimum of AUD15 million in Australia in a business enterprise or philanthropic activities.
- You also need a nomination by Austrade to apply for this category of visa.
- This visa category for start-up and early-stage entrepreneurs with a funding agreement with a third party for at least AUD 200,000.
- They need nomination by the Australian government or a territorial government agency.
- This visa is granted for 5 years.
- Business owner visa (subclass 892) can be applied by those who run a legitimate business in Australia for a minimum of 2 years.
- The Investor visa (subclass 892) can be applied by those applicants who have had investment for 4 years in Australia.
- For those visa types, you need sponsorship by the Australian government or the regional territory government agency.
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Why do you Need a Migration Agent?
The advantage of hiring a registered migration agent is that they have the experience and knowledge to help you in apply for a business visa. Excel Migration has trained agents and migration lawyers who can provide you with personalised service on all categories of business visas. We have today become the go-to migration agent for a business visa in Australia.
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