Business Visa News
About Business Visas
Business visas are recognised as the most complex visas to apply for, which is why we are here to help you successfully submit an application.
If you have plans of establishing a business in Australia, investing in a company or migrating to Australia as a business owner or investor, it is vital you receive the correct immigration advice.
For many, applying for a business visa may be the only option to residency in Australia.
Our team of migration agents here at This Is Australia provide guidelines and industry knowledge to ensure that your visa application has the best possible chance of being approved.
Business Innovation and Investment Program Adjustments
The Australian government has formally declared the cessation of the Business Innovation and Investment Program (BIIP), a change primarily affecting Subclasses 188 and 888 for the majority of prospective new applicants. This decision is reflected in the 2024-2025 Migration Program, which allocates only 1,000 places to the BIIP. These places are predominantly reserved for processing applications already lodged within the system, meaning most streams under the BIIP are now effectively inaccessible to new primary visa aspirants.
Despite the program's closure to new entrants, individuals who currently possess a BIIP visa may still be eligible to pursue the permanent Subclass 888 visa. The shift away from the BIIP framework may, however, introduce distinct and potentially complex circumstances for some former BIIP applicants or existing visa holders navigating the transition.
Forthcoming National Innovation Visa
In place of the BIIP, a new visa pathway, to be named the National Innovation Visa (NIV), is slated for introduction. This visa is anticipated to focus on attracting exceptionally talented migrants who possess the capacity to make significant contributions to innovation within pivotal sectors of the Australian economy. The commencement of the NIV is projected for either later in 2024 or during 2025.
At present, comprehensive details regarding the specific criteria, operational procedures, and applicable Visa Application Charges (VAC) for the NIV are still pending release from the Department of Home Affairs. The transition from the established BIIP to the new NIV is an important development for those considering skilled migration pathways to Australia focused on business and innovation.
Migration System and Appeals Processes
The government is actively implementing measures to bolster the integrity of Australia's migration system. This increased focus on integrity is likely to result in more thorough and rigorous assessment processes for visa applications. Particular attention may be given to applications presenting character or health concerns, potentially leading to more intricate requirements for applicants. Such developments could heighten the complexity involved in preparing visa applications.
The Administrative Appeals Tribunal continues to manage a substantial caseload related to migration and refugee matters, and discussions regarding potential reforms to the AAT system are ongoing. Regarding Australian citizenship, processing timelines are influenced by the volume of applications received and the thoroughness of mandatory checks, which include identity verification, character assessments, and national security clearances.
Adjustments to Visa Application Charges
Periodic adjustments to Visa Application Charges (VACs) are an ongoing feature of the Australian migration framework. Following increases implemented in July 2023, further targeted adjustments to VACs were made in early 2024 and are anticipated into 2025. These changes reflect governmental budgetary considerations and policy priorities.
Given the potential for these charges to change, prospective visa applicants are strongly advised to visit our VAC page to ascertain the current fee schedule before lodging any application.
The Business Innovation and Investment visa
We assist with applications for the Business Innovation and Investment temporary 188 visa that provides a pathway to permanent residency in Australia through the permanent 888 visa.
Learn more about the 188 and 888 visas.
The business visa has 5 streams
- Business Innovation Stream
- Investor Stream
- Significant Investor Stream
- Premium Investor Stream
- Entrepreneur Stream
Depending on your business’ situation and goals, we provide assistance on each of the employer sponsorship streams.
Learn more about the five streams.
Complex Migration Matters
Some of the main migration issues we assist with are:
- Administrative Appeals Tribunal representation
- Notice of intention to consider cancellation / refusal of a visa
- Student visa problems
- Character criteria concerns
- Health criteria concerns
- Bridging visa condition changes
- Resolution of status (unlawful)
- Employer sponsored visa monitoring / sanctions
- Ministerial intervention requests
- Immigration requests for further information
- Family violence provisions
Get assistance for complex migration matters and the Administrative Appeals Tribunal.
Australian Citizenship
Find out how This Is Australia can assist you with your citizenship test requirements to ensure your fastest route to becoming an Australian citizen.
Business Visa Application Charges
The application for an Australian business visa requires the payment of mandatory Government Visa Application Charges (VAC), with the cost varying based on the specific business visa type and the number of applicants.
More Business Visa News
Business Visas and Assistance

Those who are ineligible for the Business Talent Visa are encouraged to apply for the Business Innovation and Investment Visa (subclass 188/888) as it is a temporary visa that leads to permanent residency in Australia.
Learn more about the three streams, comprising of the Business Innovation Stream, Investor Stream and Significant Investor Visa Stream./p>

Although Australian businesses should always strive to employ and train locally, the local labour market may not possess the necessary skills and experience that the business needs.
Employer sponsorships enable Australian businesses the opportunity to connect with a worldwide network of workers who have the skills they need to progress further.
Temporary Skills Shortage Visa (subclass 482), Employer Nomination Scheme (ENS) and the Regional Sponsored Migration Scheme (RSMS) Visa.

Has your Australian visa been recently refused or cancelled when you believe it should not have? If so, then you may be eligible to apply for an appeal with the Administrative Appeals Tribunal.
Increase your chances of a more favourable decision as we assist in reviewing your documentation, preparing and submitting your application to the MRT on your behalf.
Discover how you can benefit from our impressive win ratio that exceeds the national average benchmark.