How to Apply for Business & Investment Visas: A Complete Guide
Business & Investment Visas
Business & Investment Visas in Australia allow you to own and manage a business, engage in investment activities, or pursue entrepreneurial ventures. These visas are designed for individuals who want to establish business operations that contribute to the growth of the Australian economy.
Obtaining a business visa can lead directly to permanent residency or serve as a pathway to a permanent residency visa. Most business and investor visas require a state nomination before you can apply. Additionally, there are specific visas for foreign citizens who want to set up businesses in regional, rural, or low-growth areas of Australia. These visas align with various state and territory-based economic initiatives to encourage development in targeted regions.
For more detailed information on business and investor visas, please refer to the options below.
SC 188 – Business Innovation and investment Visa (Provisional)
This visa allows you to own and manage a business in Australia, conduct business and investment activity in Australia or undertake an entrepreneurial activity in Australia. Generally, you would need to be nominated by a State or Territory government agency or an Austrade, along with an invite to apply for the visa. You would need to submit an Expression of Interest in order to get an invitation. This visa has the following streams:
The Business Innovation Stream is a provisional visa designed for individuals with business skills. It allows you to operate a new or existing business in Australia for five years. If eligible, you may apply for a permanent visa later. To qualify, you must be nominated by an Australian State or Territory government agency and invited to apply for the visa.
You will need to provide evidence of your business success, such as annual turnover and ownership interest. You or your partner, or both, must demonstrate total net business and personal assets of at least AUD 1.25 million if invited to apply on or after 1 July 2021, or AUD 800,000 if invited before that date. Additionally, you must be under 55 years of age and score at least 65 points on the points test. Meeting the minimum functional English language proficiency requirement is also necessary, along with satisfying health and character requirements.
The processing time for this visa may range from 15 to 34 months, and the application fee is AUD 6,270. Under this visa, you must comply with condition 8515.
Business & Investment Visas
Diploma of Nursing
Education:
12th grade or equivalent education
English language Proficiency:
IELTS-at least 7.0, or PTE-65
Bachelor of Nursing
Education:
12th grade or equivalent education
English language Proficiency:
IELTS-at least 7.0, or PTE-65
Master of Nursing
Education:
An undergraduate degree
English language Proficiency:
7.0 overall score, may differ as per university.
Frequently Asked Questions
There are a number of visas being provided by the Government of Australia as listed on the Department of Home Affairs website, however, all visas are not the same, as each visa comes with a set of conditions attached to it. Choosing the right visa that leads to permanent residency, and allows dependents, work, and healthcare rights is the key. It is quite possible that you are applying for a visa that won’t get you too far. Therefore, it is always best to seek the advice of an expert. Speak with us today to find out the visa for you!
You can apply for an Australian visa either through an online application or via a paper application. These days, online application is more practical for storing and accessing your information. However, a few nations (or visa sorts) may not be qualified for the online application and in those cases, a paper application through an embassy should be submitted. For each kind of application, there are particular guidelines you have to follow while applying for the visa. Here are the steps that you need to follow in order to apply for an online visa:
- Create an online account
- Select the visa type
- Fill in the Australian visa form
- Attach the required documents
- Pay the application fee
- Submit the application
- Wait for the outcome
In order to save time and effort and avoid rejection, we always recommend applying through our Registered Migration Agents.
Book a FREE 30-minute consultation with one of our migration agents to discuss the process further.
The following documents are generally submitted with your visa application for Australia:
- Passport
- Australian Visa Form
- Paid Visa Fee
- National Identity Card
- Police Certificate
- Family Certificates
- Evidence of Financial Capacity
- Health Insurance Certificate
- Evidence of Temporary/Permanent Stay
A permanent visa allows you to remain in Australia indefinitely. If you want to apply for permanent residency, there are a number of requirements you need to meet. You can make an application on humanitarian grounds, as a migrant, or as part of a family unit. For more information about how to become a permanent resident speak with one of our registered migration agents today!
In order to ensure genuine skills needs and help businesses continue to grow, the Department of Home Affairs of Australia regularly reviews and updates the Skilled Occupation List. This is mainly comprised of Short-Term Skilled Occupation List, Medium and Long-Term Strategic Skills List and Regional Occupation List. The latest skills list can be found on the Department of Home Affairs website.
If you plan to live in Australia for the long term and want to migrate, then choosing a regional area for your studies would be a wise decision as it comes with numerous benefits, including a lower cost of living, a laidback lifestyle, the fact that you could get extra points towards permanent residency and a possible opportunity of getting a post-graduate visa for up to 4 years.
