ARTICLE · 18 OCTOBER 2021

Changes to the Business Innovation and Investment Program (1 July 2021)

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Brief overview of recent changes to the Business Innovation & Investment Program & explanation of new requirements.

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The Australian Government offers business owners and investors the opportunity to migrate to Australia via its Business Innovation and Investment program. The Business Innovation and Investment program is a two-stage process, with a provisional visa (subclass 188) first and then a permanent visa (subclass 888). From 1 July 2021, several key changes apply to the Business Innovation and Investment program.

This article will give a brief overview of the changes introduced from 1 July 2021, and then explain the new requirements more in-depth under each visa stream.

What Are The Key Changes I Need To Know?

You can find a brief overview of the key changes to the Business Innovation and Investment program below:

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