The Australian Business Investor Stream (Provisional) encourages successful and talented business people to own or invest and benefit from opportunities in the country. This visa valid for up to 4 years and it is a temporary business skill that allows successful business people to invest in a new or existing business in Australia. If visa holders can fulfill the mandate requirements, then they are allowed to apply for permanent residence.

Australian Business Investor Stream Visa Basic Requirements

The applicants who are applying for this program should be not more than 45 years of age. Even if the applicants are over 45 years of age, but they should be not more than 55, they may be eligible for the State/Territory Sponsored Business Owner (Provisional) visa, which has a lower financial threshold.

Applicants should be capable of producing evidence of a successful record of investment or business activity in a qualifying business or investment, in either of the cases. Applicants should have sufficient funds or assets to settle in Australia, and they have to demonstrate that. They should have made a significant investment which has been held for up to 4 years in Australia, prior to applying for visa, essentially. An Expression of Interest (EOI) is to be lodged by applicants and acquiring a minimum score of 65 on the innovation points test is mandatory.

Australian Business Investor Stream Visa Entitlements

Under this visa, visa holders are allowed to invest in Australian business. This is valid up to 4 years and this is a temporary visa. Under the Business Innovation and Investment Visa category, the visa holders may be eligible to apply for permanent residence, however, they may entail sponsorship from a participating State or Territory government. It also allows immediate family members (dependents, children) or partners, who have been included on the application, to live, work and study in Australia.