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Invest your business talent or money into Australia to obtain access to temporary and permanent visas

Read our general information and document checklists in relation to these visa categories below. Contact us directly for specific advice.
Overview

Australia’s Investor Visa Program

Australia’s Business and Investor program is designed to provide temporary and permanent residence pathways to individuals with significant business talent, or funds to invest into Australia. These visas are a useful way to obtain visas for high net worth individuals.

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Visa categories
  • the Business Talent (Subclass 132) visa; and
  • the Business Innovation and Investment (Subclass 188) visa.
Simplified 132 visa eligibility
  • the Significant Business History stream – for business persons who have net business and personal assets of at least AUD $1.5 million and an annual business turnover of at least AUD $3 million
  • the Venture Capital Entrepreneur stream – for those who have obtained at least AUD $1 million in venture capital funding to start the commercialisation and development of a high-value business idea in Australia
Target market
  • high net worth individuals
  • successful business people
  • globally recognised entrepreneurs
Simplified 188 visa eligibility
  • the Business Innovation stream (points-tested) – for people who want to own and manage a new or existing business in Australia (and have total net business and personal assets of at least AUD800,000 which are available for the conduct or establishment of a business in Australia)
  • the Investor stream (points-tested) – for people who want to make a designated investment of at least AUD $1.5 million into an Australian State or territory bond
  • the Significant Investor Visa (SIV) stream – for people who want to invest at least AUD $5 million into complying investments in Australia
  • the Premium Investor Visa (PIV) stream – for people who want to invest at least AUD $15 million into complying investments in Australia (note: this visa is available at the invitation of the Australian government only, with potential recipients to be nominated by AusTrade)
  • the Entrepreneur stream – for entrepreneurs with innovative ideas and financial backing from a third party of at least AUD $200,000
Eligibility

Business Talent (Subclass 132)

This permanent visa which is granted to experienced business owners seeking to establish a new or develop an existing business in Australia or for people who have sourced venture capital funding from a member of the Australian Investment Council (AIC) (formerly known as the Australian Private Equity and Venture Capital Association Limited (AVCAL)).

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General eligibility
  • can be in or outside of Australia (but if in Australia the applicant must have permission to apply from the Minister)
  • must not have a history of involvement in business activities that are generally not acceptable in Australia
  • must be nominated by an Australian state or territory government before being invited to apply for the visa
  • be at least 18 years of age
Criteria for Significant Business History stream
  • must not have turned 55 at the time of invitation to apply for the visa (unless your business will be of exceptional economic benefit to the region in which it will operate)
  • must have proposed a business that is deemed of exceptional economic benefit to the nominating State or Territory
  • must have had an overall successful business career
  • must have a net value of at least AUD $1.5 million which is lawfully acquired and available to transfer to Australia within 2 years after grant of the visa
  • must have an annual business turnover of at least AUD $ 3 million for at least 2 of the 4 fiscal years immediately before invitation to apply
  • an ownership interest of at least AUD $400,000 in one or more qualifying business for at least 2 of the last 4 fiscal years immediately before the invitation to apply
  • have total net assets of at least $400,000 or more in one or more qualifying businesses, gained over at least 2 of the 4 fiscal years immediately before you were invited to apply for this visa
  • have at least functional English
  • meet health and character requirements
Criteria for Venture Capital stream
  • must have entered into a legally enforceable agreement with an Australian company to receive venture capital funding
  • must have funding of at least AUD $1 million from an Australian venture capital firm
  • the nominating State or Territory government agency must be satisfied that the net value of the business and personal assets are sufficient to allow settling in Australia
  • must have a genuine and realistic commitment to the business and maintaining a substantial ownership interest
  • must have at least functional English
Documents required
  • general document checklist is available here
Eligibility

Business Innovation stream

This is a points tested temporary visa for people with business skills. It lets you operate a new or existing business in Australia. This visa provides a pathway to permanent residence thorough the Subclass 888 visa.

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General eligiblity
  • be under the age of 55 at the time you are invited to apply unless your business will be of exceptional economic benefit
  • have a successful business career
  • not have a history of involvement in unacceptable activities
  • have competent English (see here)
  • score at least 65 on the points test
  • for 2 of the last 4 fiscal years immediately before you receive an invitation to apply, you must have had an ownership stake in 1 or 2 business that had a combined turnover of at least AUD $500,000 in each of those 2 years
  • you, your partner, or you and your partner together, have total net business and personal assets of at least AUD $800,000
Documents required
  • a list of the documents required is available here
Eligibility

Investor stream

This is a temporary visa which requires you to invest at least AUD $1.5 million in an Australian State or Territory and maintain business or investment activity in Australia. Maintaining your investment can lead to permanent residence through the Subclass 888 visa.

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General eligibility
  • be under the age of 55 at the time of invitation unless the State or territory government agency has deemed the investment will be of exceptional economic benefit
  • be in Australia at time of application and decision (if in Australia, an applicant must hold a substantive visa or a BVA, BVB or BVC)
  • be nominated by an Australian State or territory government agency before being invited to apply for the visa
  • for at least 1 of the 5 fiscal years immediately before being invited to apply for the visa, have directly managed either a qualifying business in which you had a 10% ownership interest or an eligible investment of at least AUD $1.5 million 
  • for the 2 fiscal years immediately before being invited to apply, have business and personal assets with a net value of at least AUD $2.25 million
  • score at least 65 on the points test
  • after lodging the application, make the designated investment of at least AUD $1.5 million in the nominating State or territory
  • have at least functional English
  • meet health and character criteria
Documents required
  • a link to the document checklist is here
Eligibility

Significant investor stream

This temporary visa is for people who invest at least AUD5 million in Australian “complying significant investments”. Maintaining these investments can lead to permanent residence through the Subclass 888 visa.

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General eligibility
  • can be in or outside of Australia at time of application (if in Australia must hold a substantive visa, a BVA, a BVB or a BVC)
  • must be nominated by an Australian State or Territory government agency or Austrade before being invited to apply
  • when invited, must make a complying investment of AUD $5 million and have a genuine intention to hold that investment for 4 years (proportion of that investment must be AUD $500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies, AUD $1.5 million in approved managed funds, AUD $3 million in managed funds as a ‘balancing investment’)
  • have at least functional English
  • pass health and character criteria
Documents required
  • a general document checklist is available here
Eligibility

Entrepreneur

This is a temporary visa lets you carry out entrepreneurial activities in Australia. Complying with the visa requirements can lead to permanent residence through the Subclass 888 visa.

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General eligibility
  • be nominated by a State or territory government agency before being invited to apply
  • be 55 or younger at the time of the invitation to apply for the visa, unless the State or Territory government agency has determined your proposed entrepreneur activity will be of exceptional economic benefit
  • undertake, or propose to undertake, a complying entrepreneur activity in Australia
  • have a funding agreement of at least AUD200,000 from an approved entity to carry out entrepreneurial activity in Australia
  • provide a business plan for your entrepreneurial activity
  • have at least competent English 
  • meet health and character criteria
Documents required
  • a general document checklist is available here
Eligibility

Premium Investor

This is a temporary visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions. This is an invitation only application and can lead to permanent residence through the Subclass 888 visa.

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General eligibility
  • be nominated by Austrade
  • be invited to apply for this visa
  • have net assets of at least AUD15 million
  • invest at least AUD15 million in Australian investments and/or philanthropic contributions that meet certain requirements (complying premium investments)
  • have a genuine intention to hold the investment for the whole period of the visa (except any part of the investment that is a philanthropic contribution
  • have functional English
  • pass health and character criteria
Documents required
  • a general document checklist is available here
Process

Australia’s Investor Visa Program

We’ll advise and guide you from assessing eligibility to lodgement stage. We use an online document / information collection tool so that all your files and information are stored in one single location. You can use the Hannan Tew Portal to track the status of your matter and have a complete overview of documents required and provided.

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Investor Visas

Frequently Asked Questions

Do I need health, character and / or English assessments?

Depending on your country of nationality and your travel history, you may require health examinations to process your visa. Hannan Tew will advise you of the relevant assessments once you have completed the information questionnaire.

You will need to provide police clearances for all countries in which you have resided for 12 months or more in the last 10 years.

Do I need to pass a points test for my 188 visa application?

You do not need to pass the points test for the Significant Investor or Premium Investor stream applications. However, all the other streams require an applicant to score at least 65 points in the points test.

What if I am over 55, can I still apply for a 188 visa?

Importantly, the Significant Investor stream and the Premium Investor streams do not have age requirements.

Even if you are over the age of 55, you may still be able to apply for other visa streams if the authorities accept that your investment will lead to a significant economic benefit.

How long do I have to apply for a 188 visa after my invitation from Skill Select?

An invitation to apply is valid for 60 days. If you do not lodge your application within this time period you will have to resubmit your EOI.

Disclaimer

The information contained here is offered for informational purposes only and does not constitute legal advice or give rise to an attorney-client relationship between you and our firm. The information: (i) must be regarded as a practical guide for general information and not a process guide for determining the specific immigration requirements of the countries covered, (ii) should not be a substitute for a more indepth analysis of applicable facts and circumstances conducted by competent professionals, and (iii) does not represent an opinion from Hannan Tew or any of its agents with regard to the laws of any of the jurisdictions concerned. The information does not guarantee the outcome or approval of any particular immigration application.

What can we do for you?

With extensive experience representing applicants apply for general skilled migration visas from all corners of the world, our staff are well placed to assist with all issues in relation to the general skilled migration program including: skills assessment applications, State / territory nomination applications, visa applications and general advisory.

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