This visa is for successful business owners or investors from overseas who are willing invest in new or existing business in Australia or make designated investment in Australia State or Territory government bonds.
The significant investor visa allows overseas applicants who invest at least $5m in ‘complying investments’ in Australia for 4 years to obtain permanent residence. There is no Age or English Requirements.
Significant Investor stream: for people who are willing to invest at least AUD5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
Premium Investor stream: for people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.
Entrepreneur stream: for people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialistion of a product or service in Australia or the development of a business in Australia. Applicants must be nominated by a state or territory government.
This visa is the second stage of the Business Innovation and Investment visa. You can apply for this 888 permanent visa after holding the 188 provisional visa either for 2 years in the Business Innovation Stream or 4 years in the Investor Stream and you have met all prescribed criteria.
Actual processing times are dependent on a number of factors. Click to learn more
- Calculate your points and see your eligibility