Overview of Australia's Business and Investment Migration Program
Australia's Business and Investment Migration Program is designed for applicants with successful business or investment experience, or with substantial personal assets. By engaging in business or making investments in Australia, applicants have the opportunity to obtain Australian visas and ultimately gain permanent residency. This program offers an excellent opportunity for those looking to expand their business and investment capabilities on an international stage.
- Program Categories
- Program Advantages
- Application Process
The program is divided into two main categories:
Provisional Temporary Visa and Pathway to Permanent Residency (188 to 888 Investment Migration Program)
- Provisional Temporary Visa (188 Visa): Applicants first apply for a 2 to 4-year 188 visa, a provisional visa that allows them to start their business or make investments in Australia. The 188 visa includes five different streams, allowing applicants to choose the category that best suits their asset size, business experience, and investment history. These five streams cover a wide range of migration pathways, from business innovation to significant investments, designed to attract various types of skilled entrepreneurs and investors.
- Permanent Residency Visa (888 Visa): After successfully holding the 188 visa and meeting certain business performance criteria, applicants can apply for the 888 visa, which is a permanent residency visa. The 888 visa requires applicants to demonstrate specific business or investment outcomes in Australia, such as business profitability, employment of local Australians, and investment amounts. Once the 888 visa is approved, applicants and their families will obtain permanent residency status in Australia, enjoying the rights and benefits of permanent residents.
- Flexible Migration Pathways: The program offers multiple visa streams to meet the needs of different applicants, whether they are entrepreneurs, investors, or founders of innovative businesses.
- High Success Rate: Due to Australia's stable economy and favorable business environment, this program is popular among global investors and has a high historical success rate.
- Benefits for the Whole Family: Once approved, the applicant's family members (including spouse and children) can also obtain permanent residency in Australia and enjoy corresponding benefits and services.
- Assessment and Preparation: Applicants need to assess their eligibility and prepare the necessary application materials, including business and investment records, asset proofs, and more.
- Submission: The prepared application materials are submitted to the Australian immigration authorities for review. Applicants may be required to provide additional documents or attend an interview during this stage.
- Obtain the 188 Visa: Upon approval by the immigration authorities, applicants will receive a 2 to 4-year provisional 188 visa, allowing them to enter Australia and start their business or investment activities.
- Apply for the 888 Visa: After meeting the specified business criteria, applicants can apply for the 888 permanent residency visa. Once approved, they will become permanent residents of Australia.
Australia's Business and Investment Migration Program provides a clear and robust pathway for applicants seeking to establish a business or expand their investments in Australia, while also offering a significant opportunity to obtain permanent residency.