Significant Business History Stream: for people with ownership interests in large businesses

Venture Capital Entrepreneur Stream: for people who have access to venture capital funding of at least AUD 1 million.

You need to meet the eligibility requirements to obtain this visa

• You must be sponsored by a State/Territory government
• You must have an overall successful business career
• You should be able to prove that you have an ownership interest in the business with an annual turnover of at least AU$3million (each year)
• Your business and personal assets (including your spouse) must have a net value of at least AUD $1.5million available to support your business in Australia and are lawfully acquired and available for transfer to Australia within 2 years of the grant of your visa
• You are aged less than 55 at time of application, or you are proposing to establish or participate in a business that your sponsoring State/Territory has determined is of exceptional economic benefit to the State/Territory
• You should not be involved in any impermissible business or investment activities
• You have a genuine and realistic commitment to establish or participate actively in a qualifying business in Australia

State/Territory Nomination

This visa is only available to applicants who are nominated by an Australian State or Territory government.