Australia is one of the most attractive destinations for entrepreneurs and investors seeking long-term growth in a stable economy. With its strong legal framework, vibrant economy, and strategic location in the Asia-Pacific region, Australia encourages high-calibre business owners and investors to bring their expertise and capital into the country.
The Business Owner Visa, officially part of the Business Innovation and Investment Program (BIIP), offers a clear pathway for experienced business owners to establish, manage, or grow their businesses in Australia, eventually leading to permanent residency.
If you\’re an experienced entrepreneur exploring the opportunity to migrate to Australia through business, this guide covers everything you need to know in 2025.
What Is the Business Owner Visa Australia?
The Business Owner Visa commonly refers to the Subclass 188A – Business Innovation Stream, a provisional visa for people with a successful business track record who want to own and operate a business in Australia.
This visa is the first step in a two-stage process that may lead to permanent residency via the Subclass 888 – Business Innovation and Investment (Permanent) Visa.
Who Is It For?
This visa is designed for:
- Experienced business owners with a successful track record.
- Entrepreneurs looking to open or invest in a business in Australia.
- Business migrants aiming to gain permanent residency through business activity.
It’s ideal for those who want to actively manage a business rather than invest passively.
Key Eligibility Criteria (As of 2025)
To apply for the Subclass 188A – Business Innovation Stream, you must meet specific criteria:
- Nomination by an Australian State or Territory government.
- Age under 55 years (unless waived by the nominating state).
- A successful business career, with ownership interest in one or more businesses for at least 2 of the last 4 fiscal years.
- Your business must have had:
- Annual turnover of at least AUD $750,000
- Net business and personal assets of AUD $1.25 million, legally acquired and available to transfer to Australia.
- You must score at least 65 points on the Business Innovation and Investment points test, which assesses:
- Age
- English proficiency
- Business experience
- Net assets
- Business turnover
- Innovation factors
What Can You Do on a Business Owner Visa?
With the Subclass 188A visa, you can:
- Establish a new business or develop an existing one in Australia.
- Bring eligible family members with you.
- Stay in Australia for up to 5 years.
- Apply for permanent residency via the Subclass 888 visa once visa obligations are met.
- Travel freely in and out of Australia.
- Access Australia’s high-quality healthcare and education systems for your family.
Pathway to Permanent Residency
One of the most significant advantages of the Business Owner Visa is its direct pathway to permanent residency.
To transition to the Subclass 888 visa, you must:
- Have been in Australia for at least 1 year in the past 2 years.
- Have actively operated a qualifying business in Australia for at least 2 years.
- Meet performance requirements related to business turnover, assets, and employment generation (as set by the nominating state or territory).
State Nomination Requirements
Each state or territory in Australia has slightly different nomination requirements depending on their economic priorities. For example:
- Victoria may require proof of business innovation and job creation.
- New South Wales may prefer investments in regional areas.
- Queensland might prioritise industries like agribusiness, tourism, or manufacturing.
It’s essential to select a state or territory that aligns with your business objectives.
Application Process – Step by Step
1. Submit an Expression of Interest (EOI)
Use the SkillSelect system to lodge your EOI and select your preferred nominating state or territory.
2. Obtain State or Territory Nomination
If your EOI meets their criteria, a state government may invite you to apply for nomination.
3. Receive an Invitation to Apply (ITA)
Once nominated, you’ll receive an official invitation from the Department of Home Affairs.
4. Lodge Your Visa Application
Submit all supporting documents, including financials, business plans, and identification.
5. Await Visa Processing
Processing times vary but can take several months to over a year. Engage a registered migration agent Brisbane to ensure accuracy.
Benefits of Migrating to Australia as a Business Owner
- Access to one of the world’s most stable economies.
- Opportunity to scale your business regionally and globally.
- High-quality healthcare, education, and infrastructure.
- Permanent residency and citizenship pathways for you and your family.
- Strong protection of intellectual property and business rights.
Common Questions (FAQs)
- Can I invest in a franchise or buy an existing business?
Yes, as long as you actively manage the business and meet turnover and ownership criteria.
- What is the minimum investment required?
You must demonstrate AUD $1.25 million in assets and actively invest in your business upon arrival in Australia.
- Do I need business qualifications?
Formal education isn’t mandatory, but your business track record and turnover history are essential.
- Can I bring my family?
Yes. Your spouse and dependent children can be included in your visa application.
- Is English mandatory?
Yes, functional English is required. Additional fees may apply if your English is below the required level.
Final Thoughts
Australia’s Business Owner Visa presents a golden opportunity for motivated entrepreneurs seeking to establish or expand their businesses in a thriving market. With the right strategy, proper documentation, and a clear understanding of the process, this visa can be your gateway to not just running a successful business, but creating a future for your family in one of the world’s most liveable countries.
