This visa allows you to establish a new or develop an existing business in Australia. It has two streams:
- Significant Business History stream: for high-calibre business owners or part-owners who want to do business in Australia
- Venture Capital Entrepreneur stream: for people who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).
Eligibility
You must:
- be nominated by a state or territory government agency
- be invited to apply for the visa
- have assets of AUD 1.5 million and business turnover of AUD 3 million (Significant Business History stream) or
- have funding of at least AUD 1 million from an Australian venture capital firm (Venture Capital Entrepreneur stream).
We will provide you with a comprehensive preliminary assessment of your eligibility for business migration, and can discuss with you the best way to proceed with your application.
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