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)