All business visa applicants (with the exception of Subclass 132 visa applicants) seeking to come to Australia to establish or buy into a business, or make a designated investment, have to apply for a Business Skills temporary (provisional) visa.
These temporary provisional business visa holders may become eligible to apply for a permanent business skills visa after they have successfully operated a business, or maintained their designated investment, in Australia for a set period and met other requirements.
There are three different steams from the provisional visa to a permanent visa:
The Business Innovation stream is for people who want to own and manage a new or existing business in Australia.
The Investor stream is for people who want to make a designated investment in an Australian state or territory and want to maintain business and investment activity in Australia after the original investment has matured.
The Significant Investor stream is for people who are willing to invest at least AUD5 million into complying investments in Australia and want to maintain business and investment activity in Australia after the original investment has matured.