| Visa features | Allows business people to establish a new, or develop an existing, business in Australia, or to invest in Australia. | Allows holders of certain temporary business or investor visas to live in Australia permanently. | Allows business people who want to establish a new, or develop an existing, business in Australia, to live in Australia permanently. |
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| Location | In or outside Australia | In or outside Australia | In or outside Australia |
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| Eligibility | You must:be nominated by a state or territory government or Austradebe invited to apply for the visahave experience in owning and operating a business (Business Innovation stream) orhave at least AUD 1.5 million to invest (Investor stream) orhave at least AUD 5 million to invest (Significant Investor stream) orhave at least AUD 15 million to invest (Premium Investor stream)meet additional requirements of the relevant stream. | You must:hold a relevant stream of the subclass 188 visa or 444 visabe nominated by a state or territory government agency or Austradehave owned and operated a business in Australia for at least 2 years (Business Innovation stream) orhave held a designated investment of AUD 1.5 million for 4 years (Investor stream) orhave held a complying investment of AUD 5 million for 4 years (Significant Investor stream) orheld a complying investment of AUD 15 million for 1 year (Premium Investor stream)meet additional financial and other requirements of the same stream of this visa. | You must:be nominated by a state or territory government agencybe invited to apply for the visahave assets of AUD 1.5 million and business turnover of AUD 3 million (Significant Business History stream) orhave funding of at least AUD 1 million from an Australian venture capital firm (Venture Capital Entrepreneur stream). |
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| Sponsor | Not required – but you need to be nominated | Not required – but you need to be sponsored | Not required – but you need to be nominated |
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| Length of stay | Four years and three months | Permanently | Permanently |
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| What you can do | You can apply for a Business Innovation and Investment (Permanent) visa (subclass 888) (if eligible). | You can:stay in Australia permanentlyapply for Australian citizenship (if eligible). | You can:stay in Australia permanentlyapply for Australian citizenship (if eligible). |
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| Family you can include in your application | Yes | Yes | Yes |
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