Business Innovation and Investment visas (subclass 188 / subclass 888)

1. Business Innovation stream

This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia.

Basic requirements:

    • Be nominated
    • Have business ownership
    • Own personal and business assets of at least AUD800,000
    • Score at least 65 on the points test
    • Have a successful business career
    • Be under 55
    • Have functional English

With this visa, you can:

    • stay in Australia permanently
    • work and study in Australia
    • enroll in Australia’s public health care scheme, Medicare
    • sponsor your relatives to come to Australia
    • travel to and from Australia for 5 years
    • if eligible apply for Australian citizenship

 

2. Investor stream

This visa requires you to invest at least AUD1.5 million in an Australian State or Territory.

Basic Requirements:

    • Be nominated
    • Own and manage business and personal assets and investments
    • Have the right experience
    • Score at least 65 on the points test
    • Intend to live in a specific State or Territory
    • Be under 55
    • Have functional English

With this visa, you can:

    • stay in Australia permanently
    • work and study in Australia
    • enroll in Australia’s public health care scheme, Medicare
    • sponsor your relatives to come to Australia
    • travel to and from Australia for 5 years
    • if eligible apply for Australian citizenship

 

3. Significant Investor stream

This visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.

Basic requirements:

    • Be nominated
    • Be able to invest at least AUD5 million

With this visa, you can:

  • stay in Australia permanently
  • work and study in Australia
  • enroll in Australia’s public health care scheme, Medicare
  • sponsor your relatives to come to Australia
  • travel to and from Australia for 5 years
  • if eligible apply for Australian citizenship

 

4. Premium Investor stream

This visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions.

Basic requirements:

    • Be nominated
    • Receive an invitation to apply
    • Make a complying premium investment of at least AUD15 million
    • Have net assets of at least AUD15 million

With this visa, you can:

    • stay in Australia permanently
    • work and study in Australia
    • enroll in Australia’s public health care scheme, Medicare
    • sponsor your relatives to come to Australia
    • travel to and from Australia for 5 years
    • if eligible apply for Australian citizenship

 

5. Entrepreneur stream

This visa lets you carry out entrepreneurial activities in Australia.

Receive an invitation to apply:

First, you must submit an Expression of Interest (EOI). If an Australian State or Territory government agency accepts your EOI and nominates you, we will invite you to apply for this visa.

    • Be nominated
    • Be under 55
    • Have a complying entrepreneur activity
    • Receive funding from an approved entity
    • Have competent English

Business Talent (Permanent) visa (subclass 132)

This visa is for experienced business owners, to operate a new or existing business in Australia.

Basic requirements:

    • Be nominated
    • Have business acumen and ambition
    • Own a substantial part of the business
    • Have total net assets worth AUD1.5 million or more in a business
    • Have annual turnover of AUD3 million or more in a business
    • Have total personal net assets worth AUD400,000 or more
    • Have functional English language
    • You must be younger than 55 years of age, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the region where it will operate.

Why Stephen Young Lawyers?

After Hours Appointment

If you are unable to meet us during working hours, we can always book you in either after work or even during weekends.

Multilingual & Multi-Media

We have patient staff to help you in your language fluently (English / Cantonese / Mandarin). We are easily accessible by phone, email, social media and SMS.

Quality Of Service

We have staff working together to achieve the best possible outcome and will ensure you are up-to-date with the progress of your matter.

Diligent & Responsible

We will hold your hand and assist you with every step and hurdle no matter how daunting the process may be.

Contact Numbers

+612 9635 0889
+61 468 331 681
+61 423 095 099

contact-us

Drop us a line

admin@stephenyounglawyers.com.au

drop-us-a-line

Office Location

Suite 612, Level 6, 118 Church Street, Parramatta NSW 2150

main-office-location

Contact Numbers

+612 9635 0889
+61 468 331 681
+61 423 095 099

contact-us

Drop us a line

admin@stephenyounglawyers.com.au

drop-us-a-line

Office Location

Suite 612, Level 6, 118 Church Street, Parramatta NSW 2150

main-office-location

Get in touch with us

Get a FREE initial consultation today!

Whether it is for a general enquiry or to set up an initial meeting, we are always happy to hear from you.

Office Hours

Mon – Fri : 9:30am – 5:30pm
Weekend & Public Holidays (NSW): Closed

PO Box

PO Box W153, Parramatta Westfield NSW 2150​
DX 28309, Parramatta NSW