Australia Business Visa: Comprehensive Guide

Australia, the home of the Sydney Opera House, continues to attract global entrepreneurs. And the Australian business visa gives you the chance to build, manage or invest in a business within the country.

Designed for innovators, investors and experienced business owners, this visa opens doors to long-term opportunities, including pathways to permanent residency.

In this blog, let’s discuss the types of business visas and how you can apply for one. 

What is the Australian Visa?

The Significant Investor Visa (SIV), popularly known as the Australian Golden Visa, was designed to attract wealthy investors to the country. The visa provided a pathway towards permanent residency. In fact, since 2012, it has accepted thousands of applicants, 85% of whom were from China.

However, the Australian government abruptly discarded this visa on July 31st, 2024. Therefore, you can no longer enter the country with this visa. The reason, as stated by Clancy Moore (CEO of Transparency International Australia), was ‘delivering poor outcomes’.

What are Some Other Options for the Australian Golden Visa?

So, is there no way you can enter Australia for business purposes? Yes, there is. All hope is not lost. The Australian government offers alternative visas for businessmen. Let’s explore them below:

National Innovation Visa

The NIV (subclass 858) offers entry to exceptionally talented migrants from across the world to benefit Australia’s prospects. You can:

●       Stay permanently in Australia

●       Sponsor your relatives to come

●       Work and study in Australia

●       Cost starts from AUD4,985

Business Innovation and Investment (Permanent) Visa

The BIIP (subclass 888) allows investors and business owners to continue their activity in Australia. There are several streams through which you can enter with this visa:

●       Business Innovation: The cost starts from AUD3,500.

●       Investor: You must hold a visa in the subclass 188 investor stream.

●       Significant Investor (SI): You need to hold an investment of AUD 5 million for 4 years.

●       Premium Investor: You must hold an investment of AUD 15 million for the duration of the subclass 188 visa.

●       Entrepreneur: You need to stay in Australia for 2 years on your previous visa.

Business Visitor Stream Visa

This is a visitor visa (subclass 600) that lets you visit Australia for business purposes. It costs AUD200 and allows you to stay up to 3 months. You can:

●       Negotiate contracts

●       Take part in the trade fair

●       Make general employment or business enquiries

How to Apply for an Australian Business Visa?

Applying for an Australian visa requires you to follow several steps. Thankfully, the government outlines every step thoroughly.

Step 1: Before You Apply

Before applying, you should know that you can appoint someone to help you with the process. According to the government, they must be a registered migrant agent, an exempt person or a legal practitioner.

You also need to organise some health examinations, such as an HIV test, hepatitis B test, and a latent TB infection screening test.

Step 2: Gather Your Documents

Your next step is to gather all documents that would support your application. This also includes an English translation of your documents. You need to provide accurate information, get business visitor documents, and character documents.

After gathering them all, you need to translate them, scan them and attach them to your Australia business visa application.

Step 3: Apply for a Visa

You have to apply for an online Golden visa in Australia. For that, you need to create an ImmiAccount and log in. Next, attach the documents and pay the application fee via credit/debit card, PayPal, UnionPay or BPAY.

Make sure to provide accurate information. Otherwise, your application will be rejected.

Step 4: After You Apply

Your work is not over after you apply for your visa. You need to prepare health exams and biometric records. Moreover, you should not book any travel accommodations unless your visa is approved.

Lastly, if any information you have provided changes, you need to inform them. This includes withdrawal, phone number or address change, changes in your relationship status and birth of a child.

Step 5: Visa Outcome

Now, you need to wait for the answer. They will inform you in writing if your Australian business visa was accepted or rejected. The documents will contain your visa grant number, visa conditions and the date your visa becomes effective.

You must keep a copy of it when you are in the country.

Final Thoughts

The Australia business visa is not just an entry permit; it is a strategic opportunity to scale your business in one of the world’s most stable and future-ready economies. With multiple streams tailored for investors, innovators and entrepreneurs, it offers flexibility and long-term growth potential.

Before travelling to the country, make sure that you have sufficient insurance coverage. Bajaj General Insurance offers travel insurance online that covers both travel-related mishaps and health emergencies.

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FAQs

Who is eligible for a business visa in Australia?

Eligibility criteria differ for different visa streams. Usually, you need to be under 55 years of age and have a genuine interest in investing in Australia. Some visas require an endorsement from the State or Territory.

How much money do I need to get an Australian business visa?

There is no specific cost to get an Australia business visa. It largely depends on the type of visa you want to apply for. For example, the National Innovation Visa starts from AUD4,985. On the other hand, you need an investment of AUD 15 million to get a Business Innovation and Investment (Permanent) Visa as a premium investor.

What are the requirements for applying for an Australia business visa from India?

You need to have a valid Passport, photos, a completed form, proof of funds, and business documents. Moreover, you need to clear their medical and character checks and have travel insurance.

Can I apply online for an Australia business visa while living in India?

Yes, you can apply for an Australia business visa while staying in India. You need to create an ImmiAccount from their official government website.

How long can I stay in Australia with a business visa?

The staying time depends on the type of visa. For example, if you are a business visitor, you can stay in the country for up to 3 months. Other visa types let you stay there indefinitely.

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