Why apply for an Australian Business Visa?

Australia is one of the leading countries with a stable and innovative business hub. An Australian Business visa enables you to travel to the country for business-related activities, such as attending business meetings or conferences, negotiating or discussing business contracts or deals, or exploring investment opportunities.

• Attend business events, conferences, meetings, and trade agreements
• Gain access to 15+ free trade agreements that link Australia to other Asia-Pacific markets
• Get your Business visa processed within 2-4 weeks
• Supports over 2 million SMEs, supporting innovation and international collaboration opportunities  
• Offers a pathway to permanent residency through upcoming programs like the National Innovation Visa

Types of Business Visas in Australia

Australia offers both short-term and long-term business visa options for entrepreneurs, business owners, and investors seeking to expand their operations in Australia.

The three main types of business visas in Australia are as follows:

Visitor Visa (Subclass 600) – short-term

The Subclass 600 visa is a short-term business visa for foreign nationals seeking to visit Australia for business purposes, such as attending conferences, business meetings, and events. The business visitor visa stream is valid for up to 3 months per visit and can be extended upon eligibility. The Subclass 600 visa does not permit you to work in the country, engage in employment, or participate in sales activities.

Business Innovation and Investment (Subclass 188, closed)

The Business Innovation and Investment Program (BIIP), also known as the Subclass 188 visa, was permanently closed as of 31 July 2024. While the BIIP has been closed to new applications, existing subclass 188 visa holders can qualify for permanent residency through the Business Innovation and Investment (Permanent) visa (subclass 888) pathway, provided they meet the eligibility requirements.

National Innovation Visa

The National Innovation and Investment visa was announced as a replacement for the Business Innovation and Investment Program (BIIP). The NIV pathway prioritizes top entrepreneurs, investors, global tech talent, and researchers. The National Innovation visa serves a broader purpose, supporting innovation by creating job opportunities, promoting research, and fostering innovation. To apply for NIV, applicants must first submit an EOI (Expression of Interest) and get an invitation.

Eligibility Criteria for an Australian Business Visa

The eligibility criteria for the Australian Business visa are as follows:

Eligibility criteria for Short-term (Subclass 600) visa

To be eligible for a short-term (Subclass 600) visa, one must fulfil the following criteria:

• Must be outside Australia at the time of applying
• Must travel with a genuine intent of visiting for business purposes (attending business meetings or events)
• Proof of intent to return to your home country after your intended stay
• Proof of sufficient funds to support your stay in the country

Eligibility criteria for a long-term Business visa

To be eligible for a long-term business visa, one must fulfil the following criteria:

• Submit an EOI (Expression of Interest)
• Receive an invitation to apply from the DHA.
• Proof of globally-recognized achievement in fields like research, creativity, innovation, and entrepreneurship.
• Have skills and expertise that align with the priority sectors in Australia (renewable energy, manufacturing, healthcare)

Requirements for an Australian Business Visa

The requirements for an Australian Business Visa are as follows:

Requirements for Short-term (Subclass 600) visa

The requirements for a short-term business visa are as follows:

• A valid and original visa
• A filled visa application form
• Proof of sufficient financial funds (bank statements, letters of sponsorship, etc.)
• Proof of a medical certificate
• Proof of good character
• Evidence that you will not be involved in any paid work

Requirements for a long-term Business visa

The requirements for a long-term business visa are as follows:

• Complete the Expression of Interest (EOI) submission
• Submit proof of documents as proof of your global recognition and business accomplishments
• Fulfill medical and character requirements as per the DHA (Department of Home Affairs) standards

How to apply for an Australian Business visa?

You can follow the steps below to apply for an Australian business visa:

Step 1: Check if you are eligible to apply

Step 2: Arrange the visa requirements 

Step 3: Apply online for the visa

Step 4: Pay the business visa application fee

Step 5: Await the visa status

Australia Business Visa Costs

The cost of the Australian Business visa depends on the subclass of visa you are applying for. The table below has details of the different Australian visas and the visa costs for each:

Visa Type / Subclass	Fee (AUD)
Visitor visa (subclass 600) - Business Visitor stream	AUD 200
Business Innovation & Investment (Permanent) visa (Subclass 888)	AUD 3,500
Business Owner visa (Subclass 890)	AUD 2,890
State or Territory Sponsored Investor visa (Subclass 893)	AUD 2,890
Business Innovation & Investment (Provisional) visa (Subclass 188)	Closed for new applications

How Can Y-Axis Help You?

• Advise you on the papers that will be required for the visa
• Advise you on how the funds needed for the visa need to be shown
• Complete the application process
• Review your documents needed for the visa application
• Help you prepare for a visa interview in case one is required

*Want to migrate to Australia? Talk to experts at Y-Axis to guide you with the process.