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National Innovation Visa

Facilitating Global Business Ventures

There are several types of Business Visas you can apply for. Our Migration Lawyers can assist you in selecting the most suitable one to enhance your chances of success. Choosing the right Business Visa is crucial to avoid rejection from the Department of Home Affairs when entering Australia. Our skilled Migration Lawyers will advocate on your behalf during your Business Visa application, ensuring we compile all necessary information and evidence for submission to the Department. Contact our helpful team today to determine which Visa aligns best with your requirements.

Business Visa Type Australia

  • Business Innovation and Investment (Permanent) visa (subclass 888): This visa is designed for individuals who want to establish, develop, or manage a new or existing business in Australia. It is a permanent visa that requires nomination by a state or territory government or by Austrade (Australian Trade and Investment Commission). Applicants must meet specific criteria related to business experience, assets, and investment in Australia.
  • Business Innovation and Investment (Provisional) visa (subclass 188): This is a temporary visa that allows individuals to own and manage a business, conduct business and investment activity, or undertake entrepreneurial activities in Australia. It has several streams:

    • Business Innovation Stream: Designed for individuals with a thriving business background aiming to establish and oversee a new or established business in Australia.

    • Investor Stream: Tailored for individuals seeking to make a specified investment of AUD 1.5 million in Australia while engaging in business or investment activities.

    • Significant Investor Stream: Geared towards individuals aiming to make a substantial investment of AUD 5 million in compliant investments within Australia.

    • Premium Investor Stream: Designed for individuals nominated by Austrade, willing to invest a minimum of AUD 15 million in Australia.

    • Entrepreneur Stream: Targeting individuals.

Key Aspects of Business Visas

Business visas enable holders to participate in a wide range of activities essential for conducting business, including meetings with clients and partners, attending conferences and trade shows, and conducting market research.
Entrepreneurs and investors often use business visas to explore potential investments, establish new business ventures, or expand existing operations in foreign markets. This promotes economic growth and fosters international business relationships.
Business visas typically grant temporary residence for a specified period, allowing individuals to stay in the host country for the duration of their business activities. Extensions may be available depending on the specific visa conditions.
Requirements for obtaining a business visa vary by country but commonly include proof of business purpose, financial stability, a valid passport, and sometimes a letter of invitation from a host organization or business partner.
By facilitating cross-border travel for business purposes, business visas support global trade and commerce. They enable companies to forge partnerships, secure contracts, and contribute to economic development on an international scale.

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