Every year skilled migrants form a valuable part of the Australian labour force, meeting skill shortages and contributing to the economy. As such, approximately two-thirds of migration into Australia is through the Skill stream.
Skilled Visas are based on a points system and generally require lodging of an Expression of Interest (EOI), and are subject to age restrictions and competency in English.
Promoting business migration is vital for the Australian economy, and as a result there are a number of opportunities for people considering business ventures in Australia.
Business migration to Australia can be divided up into the following three visa categories.
- Business Talent (Permanent) Visa (subclass 132)
- Business Innovation and Investment (Provisional) visa (subclass 188)
- Business Innovation and Investment (Permanent) visa (subclass 888)
This visa has two main streams as listed below:
The key requirements are as follows:
This is a provisional visa for 4 years, which allows you and your immediate family to travel in and out of Australia for the duration of the visa. There are five streams to this visa, as listed below.
If the applicant is the holder of a Business Innovation and Investment (Provisional) visa (subclass 188), and has fulfilled the requirements of this provisional visa, he/she may be eligible to apply for the permanent visa. Holders of a Special Category Visa (subclass 444) may also apply if they have fulfilled the requirements of the Business Innovation Stream.