Investment Visas for Australia
Investment visas for Australia: what has changed
Australia’s Business Innovation and Investment Program, which included the Significant Investor visa, closed to new applications in July 2024. If you were planning an application under that program, the pathway is no longer available, although existing visa holders may still be able to progress to permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888).
For new applicants, the main permanent pathway for entrepreneurs and investors is now the National Innovation visa (subclass 858). It targets highly skilled people who can drive innovation in sectors of national importance, including innovator investors, entrepreneurs, and global researchers. Applicants must first lodge an expression of interest and be invited to apply.
Getting it right the first time
Business and investor visa applications are complex, and the eligibility criteria and supporting evidence must be right from the outset. A refused or poorly prepared application can cost time, money, and future options.
Ross Koffel, Principal of Koffels Solicitors & Barristers, advises on immigration law as a practising Australian lawyer. Because migration is often only part of the picture, we also advise on the related legal work, including business structures, cross-border transactions, property, and family arrangements, for people establishing themselves and their families in Australia.
Our team includes native speakers of Mandarin, Vietnamese and Turkish, and we regularly work with clients from around the world.
Talk to us about your options
If you are considering a move to Australia as an investor or entrepreneur, or you hold a business or investment visa and want advice on your next step, call us on 02 9283 5599 or use the form below.
This article provides general information only and is not migration advice for your circumstances. Visa programs and criteria change regularly, so please seek advice before applying.
