Migration Business Summary

Thank you for the opportunity to provide advices in relation to the Business Innovation and Investment (Provisional) visa (subclass 188)

The visa includes four streams:

Business Innovation stream: for people with business skills who want to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.
Investor stream: for people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia. Applicants must be nominated by a state or territory government.
Significant Investor stream: for people who are willing to invest at least AUD5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
Premium Investor stream: for people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.

What is the goal of the business migration program?

The business visa migration program is designed to attract foreign companies and individuals to migrate and or invest in Australia which will not only boost a competitive environment for local businesses but also introduce new ideas and opportunities.

Why is state or territory nomination required?

The government plays a valuable role in assessing your application and experiences in your home country and assess the likelihood of success in Australia. It also directs business migrant to investment or business opportunities that are of benefit to the state or territory of residence.

In Queensland, the government encourages businesses within agriculture, tourism, infrastructure, construction, resources and education sector