Permanent Residency

Australia Business Visa

For people who want to make a designated investment of at least AUD 1.5 million in an Australian state or territory.

Processing

12-24 months

Max Stay

5 years

Work Rights

Yes

*Fees and processing times are subject to change. Check official sources.

Real-time data from official sources

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Processing Time

12-24 months

75% of applications processed within 18 months, 90% within 24 months. State/territory nomination required before application.

Yes

Work Rights

Yes

Path to PR

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Eligibility Requirements

Make sure you meet these requirements before applying.

Age Requirement: Must be under 55 years of age (unless state/territory exempts)
Designated Investment: Must make and maintain a designated investment of at least AUD 2,500,000 in Australia
Investment Experience: Must have at least 3 years experience managing qualifying investments or business
Net Assets: Must have net personal and business assets of at least AUD 2,500,000 legally acquired
State/Territory Nomination: Must be nominated by a state or territory government
Points Test: Must score at least 65 points on the investor points test

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check Valid passport: Certified copy of biographical page of current passport
check State/Territory nomination: Evidence of nomination from a state or territory government
check Investment experience evidence: Evidence of at least 3 years managing qualifying investments
check Net assets evidence: Evidence of net assets of at least AUD 2,500,000
check Designated investment commitment: Evidence of AUD 2,500,000 designated investment in Australia
check English language test results: IELTS, PTE, TOEFL, or Cambridge English results
check Police clearance certificates: Police clearance from all countries lived in 12+ months since age 16
check Health examination: Medical examination from approved panel physician

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Get the complete list of required documents.