The business visa category allows individuals with investment or business experience to migrate to Australia to do business or invest in Australia.
The Business Innovation and Investment Program (BIIP) closed to new applications on 31 July 2024
The Department of Home Affairs closed the BIIP permanently to new applications on 31 July 2024. If you already hold or have a pending Business Innovation and Investment (Provisional) Visa (Subclass 188) or Business Talent Visa (Subclass 132) application, we continue to assist you through to permanent residency.
Business Innovation and Investment (Provisional) Visa (Subclass 188)
If you hold a Subclass 188 visa, there is a pathway to permanent residence through the Subclass 888 visa, provided you meet the relevant business or investment requirements while in Australia.
Meeting your provisional visa conditions
We can advise on the business or investment activity required under your visa conditions and help you prepare the evidence needed to demonstrate you have met them.
Applying for permanent residence (Subclass 888)
We can assist with preparing and lodging your Subclass 888 application, including where your circumstances have changed since your Subclass 188 visa was granted.
Business Talent Visa (Subclass 132)
If you have a pending Subclass 132 application under the Significant Business History or Venture Capital Entrepreneur stream, we can assist with progressing your application, responding to requests from the Department, and understanding your pathway to permanent residence.
Withdrawing your application and Visa Application Charge refunds
If you are considering withdrawing your application, a refund of the Visa Application Charge may be available if you withdraw on or after 31 July 2024. Refunds are available for the Business Innovation, Investor, Significant Investor, and Entrepreneur streams, and for eligible Business Talent applicants. Refunds are not available for Business Innovation Extension or Significant Investor Extension streams.
Withdrawing your application may affect your visa status if you are in Australia. We can advise on your circumstances before you proceed and assist with the withdrawal and refund request through ImmiAccount.