We offer our services to the business owners, investors, and senior executives who wish to settle in Australia through various avenues (subclass 188 and 888 visas). The Australian Business Visa and Investor Program is an encouraging pathway towards conducting your business opportunities in Australia. Australia is prominent not only for the excellent conditions for doing business and perfect investment opportunities. It offers security, high quality of life, the best education, perfect climate, and ecology. That is why entrepreneurs from all over the world relocate here. Conditions for doing business in Australia are clear and transparent. There are no raider seizures of businesses, the level of corruption and tax evasion is among the lowers in the world, since it is profitable to conduct business legally. Business visas are recognized as the most complex visas to apply for. And for many people applying for a business visa may be the only avenue for residency in Australia. If you have plans of establishing a business in Australia, investing in a company, or migrating to Australia as a business owner or investor, it is vital you receive the correct immigration advice along with the latest guidelines and industry knowledge to ensure that your visa application has the best possible chance of being approved.
«Australian Business Innovation and Investment Program»
Australian Business Visa and Investor Program is open for entrepreneurs over 45 years old. The Program provides an opportunity to immigrate to Australia for businessmen and investors, their spouses, and children without the knowledge of English at all with an option to learn English in Australia after the business visa is granted. The Australian Business Innovation and Investment Program is well structured. The most suitable immigration strategy can be chosen depending on the financial capabilities, business performance, and personal preferences of the applicant. There are two major avenues for entry into Australia provided for below:- Provisional Visa holder, rendering you eligible for permanent residency in Australia once you have established a business in the country.
- Direct permanent residence, for applicants with significant business or investor history, who are sponsored by a State or Territory government.
- Active participation in business;
- Investments of different types;
- A unique business idea for which Australia is providing funding.
State/Territory sponsorship/nomination
Business Innovation and Investment (Provisional) (subclass 188) visa)
First stage business visa. This is a temporary business visa and is valid for a period of four years, with the possibility of extension for another two years, if necessary. The second stage is to obtain a Permanent Business Innovation and Investment (Residence) (subclass 888) visa. The visa has five streams, depending on the preferred and/or possible entrepreneurial activity:This is a temporary business 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. General eligibility:
- be under the age of 55 at the time you are invited to apply unless your business will be of exceptional economic benefit;
- must be nominated by an Australian State or Territory government agency before being invited to apply;
- have a successful business career;
- not have a history of involvement in unacceptable activities;
- have competent English (not mandatory requirement);
- score at least 65 on the points test;
- for two of the last four fiscal years immediately before you receive an invitation to apply, you must have had ownership in one or more qualifying businesses that had a combined turnover of at least AU$750,000 in each of those two years;
- for two of the last four fiscal years immediately before you receive an invitation to apply, you (you and your partner combined) must have an ownership interest of at least:
- 51% of the business where the turnover is less than AU$400,000 or more in one or more qualifying businesses for at least two of the last four fiscal years immediately before the invitation to apply;
- 30% of the business where the turnover is AU$400,000 or more in one or more qualifying businesses for at least two of the last four fiscal years immediately before the invitation to apply;
- 10% or more in one or more qualifying businesses for at least two of the last four fiscal years immediately before the invitation to apply where the business is a publicly listed company;
- you, your partner, or you and your partner together, have total net business and personal assets of at least AU$1,250,000
This is a temporary business visa which requires you to invest at least AU$2,500,000 and have a genuine intention to hold that investment for the duration of this provisional visa (5 years) in the following Complying Investment:
- 20% in Venture Capital ($500,000)
- 30% in Emerging Businesses ($750,000)
- Up to 50% balancing investment ($1,250,000))
. Maintaining your investment can lead to permanent residence through the Subclass 888 visa.
- must be nominated by an Australian State or Territory government agency before being invited to apply;
- You are under 55, although a State or Territory can waive this requirement if your proposed business will be of exceptional economic benefit;
- You score at least 65 points in the points test;
- have competent English (not mandatory requirement);
- You have an overall successful record of eligible investment or qualifying business activity with no involvement in unacceptable activities;
- You have at least three years’ experience of direct involvement in managing one or more qualifying businesses or eligible investments
- You (or your partner, or you and your partner combined) are willing to make AU$2,500,000 in the above mentioned Complying Investment options, are willing to hold that investment for the duration of this temporary visa (5 years) years, and you genuinely intend to live in the State or Territory in which you have invested for at least two years
- You (or your partner, or you and your partner combined) have a genuine and realistic commitment to continuing your business and investment activity in Australia after the original investment has matured.
- You have 3 years’ experience in directly managing certain businesses or eligible investments
- Over the last two fiscal years, you and/or your partner have acquired net personal and business assets of AU$2,500,000 million that can be transferred to Australia for your investment and/or business activity;
- In one of the last five fiscal years, you (or your partner, or you and your partner combined) have directly managed either a certain type of business in which you and/or your partner hold a 10% shareholding or an eligible investment owned by you and/or your partner which has a value of AU$2,500,000.
- You (or your partner, or you and your partner combined) must also have had one of the following:
- direct involvement, for at least one of the five fiscal years you are invited to apply, in managing your eligible investments that total at least AU$2,500,000, or
- direct involvement, for at least one of the five fiscal years before you are invited to apply, in managing a qualifying business in which you owned at least 10% of the total value of the business.
This temporary business visa is for people with business or investor skills who invest at least AU$5 million in Australian “complying significant investments”. Maintaining these investments can lead to permanent residence through the Subclass 888 visa. General eligibility
- no age limit requirement;
- 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 AU$5,000,000 and have a genuine intention to hold that investment for the duration of this provisional visa (5 years) in the following Complying Investment:
- 20% in Venture Capital ($1,000,000)
- 30% in Emerging Businesses ($1,500,000)
- Up to 50% balancing investment ($2,500,000))
- have at least functional English (not mandatory requirement);
This is a temporary business visa lets you carry out entrepreneurial activities in Australia. Complying with the visa requirements can lead to permanent residence through the Subclass 888 visa. 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 AU$200,000 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;
Business Innovation and Investment (Residence) (subclass 888) visa
This is the second and final stage of mentioned above streams of business visas:
- Innovation stream
- Investor stream 2.5
- Significant Investor 5 stream
- Entrepreneur stream
- must be the primary holder of a provisional Business Innovation and Investment visa (subclass 188);
- must be nominated by an Australian State or Territory government agency before being invited to apply;
- have met all the requirements of your provisional Business Innovation and Investment visa in the stream in which you first applied;
- have not been involved in any unacceptable business or investment activities;
- have a satisfactory record of complying with Australia laws;
- you and all your family members meet health and character requirements – you do not need to prove this again if you have already met this requirement for the provisional Business Innovation and Investment visa (subclass 188);
- have a genuine commitment to continue to maintain business or investment activities in Australia.
- must own and run business for the last two years and have a strong intention and interest to keep operating the business in Australia;
- provide evidence that 2 out of the 3 following business requirements have been met:
- your main business has an Australian Business Number (ABN) and you have submitted Business Activity Statement regularly to the Australian Taxation Office in the last two years;
- your main business or businesses (or the businesses of your spouse or de facto partner, or of you and your spouse or de facto partner together) had an annual turnover of at least AU$300,000 in the last 12 months immediately before the application is made;
- you or your partner (or you and your partner together) must also have achieved at least two of the following 3 business requirements for the last 12 months:
- main business (or businesses) has net business assets of at least AU$200,000 in Australia continuously for the last 12 months;
- your net personal and business assets of at least AU$600,000 in Australia for a period of 12 months prior to the date of the application;
- you have employed two full-time employees, who are Australian citizens, permanent residents, or NZ citizens, in your main business.
- You, or your spouse or de-facto, must have been in Australia and held a provisional visa 188 for at least two of the four years. This does not need to have been continuous stay;
- You must have maintained your designated investment of AU$2,500,000 with an Australian State or Territory for at least four years
- you must hold a subclass 188 visa in the Significant Investor stream Visa for a continuous period of at least four years;
- you must apply for State or Territory Nomination or Nomination from Austrade
- you must have held your AU$5 million in complying investments over the four years;
- you must have been in Australia on Significant Investor stream Visa for a minimum of 160 days, or the equivalent of 40 days per year the visa was held.
- Alternatively, if your spouse or de facto partner is the main applicant, they must have been in Australia on a Business 188 visa, granted on the basis that you held a subclass 188 visa in the Significant Investor stream or the Significant Investor Extension stream, for at least the number of days worked out by adding the results of paragraphs (a) and (b):
(a) 180 multiplied by the number of complete years in the period in which you held a subclass 188 visa in the Significant Investor Stream, and (b) 180 multiplied by the number of years (if any) (treating a part of a year as one year) in which you held a subclass 188 visa in the Significant Investor Extension stream.
Applicants in the Entrepreneur stream wishing to apply for permanent residency must be able to demonstrate a successful record of entrepreneurial activities in Australia and be on the Subclass 188 Entrepreneur Stream visa for a continuous period of at least four years immediately before lodging their application.
All fees are in Australian dollars and are for my professional immigration services only. Any disbursements or miscellaneous expenses incurred that are associated with the migration process (e.g. visa application charges, translation costs, etc.) are not included. For those who are interested, the range of average fees for professional services, charged by registered migration agents is available on the MARA web site. Please note these fees do not include visa application charges payable to the Department of Home Affairs (DoHA) and cover only visa application-related services. In the case of selecting a Licensed Australian Migration Agent, you are primarily guided by the question of the cost of services, I will match or better any genuine offer made to you in writing by another migration agent, provided that it does not contradict the legislation of Australia.
The actual cost for business visas immigration services may vary depending on the availability of the existing business accounting documentation, the applicant’s business intentions, and the required level of planning of the intended business activity in Australia.
- Temporary business visa “Business Innovation and Investment (Provisional) (subclass 188) from AU$16,000;
- Permanent residence Business visa “Business Innovation and Investment (Residence) (subclass 888) visa) from AU$16,000.
Additional services for the permanent or temporary working visas that are provided for an extra charge or by third parties include:
- Translation of the documents by a NAATI accredited translator. It is possible to use alternatives to the NAATI translations as long as they are accordingly certified. Though such translations may not be accepted by the Australian Post Office when applying for the Australian Passport. Please discuss fees for the translations directly with NAATI accredited translators. An average cost of all translations required for a visa application ranges between AU$200.00 to AU$1,500.00.
- Assistance with Syllabus for Accounting qualifications skills assessments;
- Comprehensive submissions writing for extremely complex cases.
Respectfully,
Australian Registered Migration Agent
Viktor Ovcharenko
MARN 0964258

