Business Visa
The Australian Government recently changed its business visa program by closing th e Business Innovation and Investment visa (subclass 188) as of July 2024. This aims to simplify the system and attract more innovative entrepreneurs. Those who applie d before the cutoff date will still be processed, but new applicants should consider th e new National Innovation Visa instead. These updates show Australia’s focus on bo osting its economy with fresh, impactful business ventures.
About Business Visa
The Australian Business visa program permits attending business meetings, making employment inquiries, negotiating contracts, participating in conferences, and attending trade shows.
It encourages successful business owners, investors, and senior executives to settle in the country and develop new or existing opportunities within Australian businesses.
Business Owner Visa (subclass 890)
The Business Owner Visa (subclass 890) is tailored for individuals who own and manage businesses in Australia. Here’s a simplified overview of what this visa offers:
- Permanent Residency: This visa allows you to live and work in Australia with no time restrictions.
- Support for Family: You can sponsor eligible relatives to join you in Australia as permanent residents.
- Pathway to Citizenship: After meeting the required residence time, you can apply to become an Australian citizen.
- Flexible Work Options: You can work in any field or location within Australia without limitations.
- Healthcare Access: You can benefit from Australia’s public healthcare system, Medicare, which provides comprehensive coverage.
- Homebuyer Support: As a new homeowner, you may qualify for a $10,000 grant under the First Home Owner Grant program.
- Education Support: You gain access to financial support for higher education in Australia.
These benefits demonstrate Australia’s dedication to welcoming business owners and promoting economic growth by attracting skilled entrepreneurs.
Business Innovation and Investment 888
Global Talent program

Eligibility Criteria

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