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Business Innovation Stream Visa

If you are a successful business owner abroad and are looking to own your own business in Australia, then the Business Innovation Stream is the ideal visa for you.

The Business Innovation Stream is a temporary business visa that is valid for 4 years. If you meet certain requirements of your provisional visa after the first 2 years, then you may be able to apply for permanent residence in Australia.

Basic Requirements

  • must be under 55 years of age
  • must be able to demonstrate a successful business career
  • must have enough funds and assets to settle in Australia
  • must acquire at least 65 points on the innovation points test



You must submit an Expression of Interest (EOI) and a detailed business proposal with your visa application. Your previous business career must demonstrate significant turnover and a strong commitment to owning and running a business in Australia.

Once your Business Innovation Stream Visa has been granted, you are able to own (or partially own) a business in Australia. Any family members that you included in your application (such as a partner and/or dependent children) are permitted to live, work and study in Australia.

When applying for permanent residence, you may require sponsorship from State or Territory Government.

What to do next

What to do next...

Step One

30-60 Minute Phone Consultation

Book a consultation with one of our migration consultants

  • 30 minute consultation AU$99
  • 60 minute consultation AU$179

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After the phone consultation, you can decide on the next step.

Step Two Options:

1. Complete the application by yourself

After speaking with a migration consultant, you can opt to make your visa application. You can always book another phone consultation with us to help clarify any questions that might arise while you are preparing your visa application.

OR

2. Appoint migrationxyz to manage everything for you

Appointing one of our registered migration consultants to manage your visa application can help relieve some time and stress. Our consultants will ensure that everything is correctly prepared before submitting it to the Government on your behalf.


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Government Fees & Processing Times

Application Fee AU$4985 (second instalment may apply)
Partner Application Fee AU$2440
Dependents Application Fee 18 years or older AU$2495
Under 18 years AU$1245
Second Instalment If required:
Main applicant AU$9795
Secondary applicants AU$4890
Processing Times 12 to 36 months

*All Government fees and processing times are obtained from government sources and are not included in our service fee.

Applying can be a long & expensive process.
We can help you get it right the first time, saving you time & money.

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Please Note:

We are not part of the Australian government. We are a private company and we do not have the authority to grant you a Visa of any kind. We can only assist and advise people who want to travel to or migrate to Australia. The final decision on all visa applications rests with the appropriate government authority in Australia.