The following Australian Government business visas require a State or Territory to sponsor or nominate the principal applicant before they can lodge a valid visa application with the Department of Immigration and Border Protection (DIBP).
The Victorian Government has a long history of welcoming business migrants who are looking to build new and successful businesses or engage in investment activity in one of the strongest economies in the developed world. Victoria and the capital city of Melbourne, continue to be the destination of choice for 50% of all business migrants coming to Australia.
Before applying for Victorian Government sponsorship or nomination for a business visa, business migrants must firstly self-assess their personal circumstance against the Department of Immigration and Border Protection’s visa options and eligibility criteria.
Applying for nomination/sponsorship is a simple process involving three steps:
1. Submission of an Expression of Interest to the Department of Immigration and Border Protection through SkillSelect and nomination of 'Victoria' as your preferred destination.
2. Apply for Victorian Government sponsorship/nomination for one of the visas below.
3. Once nominated by the Victorian Government, an automatic invitation will be sent by the Department of Immigration and Border Protection’s SkillSelect advising applicants to lodge a formal visa application with the Department of Immigration and Border Protection within 60 days.
The Department of Immigration and Border Protection's Business Innovation and Investment (Provisional) visa (subclass 188) has four streams available for Victorian visa nomination.
For individuals intending to be involved as an owner of a business in Victoria.
For individuals who make a designated investment with the Victorian Treasury Corporation.
For individuals who make investment which will benefit the Victorian economy (A$5 million).
For individuals who have secured funding of at least A$200,000 from a third party funding body to facilitate the start-up of an innovation.
For individuals intending to establish or participate in a business delivering exceptional economic benefit to the Victorian economy.
For high calibre entrepreneurs able to borrow A$1 million plus to fund their project.
For individuals to continue to own and manage a business in Victoria.
For individuals to continue business and investment activity in Victoria.
For individuals holding a Business Owner (provisional) visa (subclasses 163 - 165) or other visas as determined by the Australian Government.
For individuals holding a Business Owner (provisional) visa (subclass 165) or other visas as determined by the Australian Government.
For retired individuals or couples with no dependents.