Apart from the legal and government requirements that apply to Australian businesses, the business visas are the first few things you need to know about if you’d like to start a business in Australia.

There are two types of business visas you may consider about if you’d like to start a business in Australia:

Business Innovation and Investment Visas

1. If you have business skills and want to set up and manage a new or existing business in Australia, you may consider the Business Innovation and Investment (Provisional) visa.
2. Different streams of the Business Innovation and Investment (Provisional) visa include:
   • Business Innovation Stream
   • Investor Stream
   • Significant Investor Stream
   • Premium Investor Stream
   • Entrepreneur Stream
3. Before you can apply for these visas, you must submit an expression of interest and be nominated by a state or territory government.
4. If you’re granted one of the provisional visas, it will be valid for four years and allows you to apply for a corresponding Permanent Business Innovation and Investment visa.

Business Talent Visas

1. You may also be eligible for the Permanent Business Talent visa if you:
   • own or part-own an overseas business, have net business and personal assets of at least AUD $1.5million, and an annual business turnover of at least AUD 3 million, or
   • have obtained at least AUD $1 million in venture capital funding in Australia to develop a high-value business idea.

What the business visas allow you to do?

Business Innovation and Investment Visas

The provisional visa allows you to: 

• establish a new or develop an existing business and/or invest in Australia, make a designated investment with an Australian state or territory government, make and maintain complying investments in Australia or participate in a complying entrepreneurial activity in Australia;
• travel in and out of Australia for the life of your visa;
• bring members of your family unit with you to Australia; and
• seek permanent residence.

The permanent visa allows you to:

• manage your business and investments in Australia. It also lets you and any member of your family unit who has also been granted this visa:
  • stay in Australia indefinitely;
  • work and study in Australia;
  • enrol in Medicare, Australia’s scheme for health-related care and expenses;
  • apply for Australian citizenship (if you are eligible);
  • sponsor eligible relatives for permanent residence; and
  • travel to and from Australia for five years from the date the visa is granted (after that time, you will need a resident return visa or another visa to return to Australia).

Business Talent Visas

This permanent visa allows you to:

• manage your business and investments in Australia.
• It also lets you and any member of your family unit who has also been granted this visa:
  • stay in Australia indefinitely;
  • work and study in Australia;
  • enrol in Medicare, Australia’s scheme for health-related care and expenses;
  • apply for Australian citizenship (if you are eligible);
  • sponsor eligible relatives for permanent residence; and
  • travel to and from Australia for five years from the date the visa is granted (after that time, you will need a resident return visa or another visa to return to Australia).

Contact Us Today and Apply Your Business Visa

Book a free appointment with Hunt Migration to further discuss your pathway to permanent residency. We take the time to understand your personal circumstances, professional objectives and life goals. We will determine your visa eligibility and advise you on the best visa path. Let us help you to secure your future in Australia right now. 

Hunt Migration is a professional migration agency represented by immigration lawyers that have over 16 combined years of experience assisting migrants to work and live in Australia.