Business Innovation and Investment Visa

This visa is for businessmen or people who wish to invest or start a new business or to manage an existing business in Australia.

This Visa requires you to submit an Expression of Interest (EOI) through skill select and be nominated by a state or territory government or astride on behalf of the Australian government.

The visa is categorized into 4 streams:

• Business Innovation stream
• Investor stream
• Significant Investor stream
• Premium Investor stream

This visa allows you to

• Establish a new or develop an existing business and/or invest in Australia
• Travel in and out of Australia for the tenure of your visa
• Bring family members with you to Australia
• Get permanent residence by applying for a Business Innovation and Investment (Permanent) visa (subclass 888)

Reference-DIBP