business migration
skilled migration
work permit
This visa offers a pathway to Permanent Residence and Australian Citizenship for experienced business professionals. It is a four-year provisional visa designed for individuals with strong business skills who wish to establish, develop, or manage a new or existing business in New South Wales (excluding Sydney and surrounding areas). To be eligible, applicants must be nominated by the state government of New South Wales.
Explore this visa category in depth through the sections below and discover how it can support your business immigration goals.
The following sections offer a detailed look into the New South Wales State Nomination process for Business Immigration, helping you understand your pathway to success in Australia:
Major Cities and Towns
Minimum Eligibility Criteria
English Language Requirement
Points Table
Business Plan
Proposed Business Nature
Exploratory Visit Report
When Not to Apply
Funds Need to be Transferred
Age Relaxation
Pathway to Permanent Residence
Requirements for Grant of Citizenship/Passport
For the below towns of New South Wales (NSW), turnover and investment requirements are low. Means low turnover and low business investment option is available in the whole of NSW except Sydney and Surrounding Areas.
New Castle
Wollongong
Maitland
Gosford
Tamworth
Albury
Dubbo
Wagga Wagga
Lismore
Nowra
Broken Hill
Central Coast
Armidale
Orange
Grafton
Goulburn
Queenbeyan
Kiama
Mudgee
Wenworth
Parkes
Moore
The Excluded areas Sydney and Surrounding areas are defined by following postcodes:
1000 – 1920, 2000 – 2249, 2555 – 2574, 2740 – 2786
Age: Be under 55 years of age. If an extra benefit is there for the state, this age limit can be waived. Please see Age Relaxation below.
Points: Score at least 65 on the Points Test Table.
Turnover/Sale/Revenue: For 2 out of the last 4 fiscal years had an annual turnover of AUD 500,000 in an established business or businesses for each of those 2 years.
Business Ownership: Own at least one of the following percentage of your nominated main business:
Business History: Have an overall successful business career.
Assets: You, your partner, or both combined must have total net business and personal assets of at least AUD 800,000 that are lawfully acquired.
Business Management Role: If your nominated main business provides professional, technical, or trade services, you must have spent no more than half your time providing those services, as opposed to general management of the business.
Business Intention: Have a genuine desire to continuously own and maintain a management role in a business in Australia.
You and your partner must have had no involvement in unacceptable business or investment activities.
English Language is not a mandatory requirement. Visa can be granted without IELTS etc.
Applicants aged over 18 years must demonstrate functional language ability, such as an overall IELTS score of 4.5 or an equivalent. However, if they cannot provide this score, they can simply pay for language classes in Australia to qualify for the visa. Therefore, a language test is not mandatory.
Score at least 65 Points (Pass Marks) on the points test table below.
| Factors | Description | Points |
|---|---|---|
| Age | 18–24 years | 20 |
| 25–32 years | 30 | |
| 33–39 years | 25 | |
| 40–44 years | 20 | |
| 45–54 years | 15 | |
| 55 and older | 0 | |
| English Language Ability | Vocational English | 5 |
| Proficient English | 10 | |
| Qualifications | Australian trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an education institution of a recognized standard | 5 |
| Bachelor degree in business, science or technology by an Australian institution; or a bachelor qualification by an education institution of a recognized standard | 10 | |
| Special Endorsement | The nominating state or territory government agency could decide that your proposed business is of unique and important benefit to the state or territory where the nominating government agency is located | 10 |
| Financial Assets | Net business and personal assets of you, your partner or you and your partner combined in each of the preceding two years of at least: | |
| AUD800,000 | 5 | |
| AUD1.3 million | 15 | |
| AUD1.8 million | 25 | |
| AUD2.25 million | 35 | |
| Business Turnover | Annual turnover in your main business during a period of at least two years of the preceding four fiscal years of at least: | |
| AUD500,000 | 5 | |
| AUD1 million | 15 | |
| AUD1.5 million | 25 | |
| AUD2 million | 35 | |
| Business Experience | You have held one or more businesses before you were invited to apply for the visa for: | |
| Not less than four years within the preceding five years | 10 | |
| Not less than seven years within the preceding eight years | 15 | |
| Business Innovation Qualifications at the time of invitation to apply for the visa | Evidence of registered patents or registered designs | 15 |
| Evidence of registered trademarks | 10 | |
| Evidence of formal joint venture agreements | 5 | |
| Evidence of export trade | 15 | |
| Evidence of ownership interest in a gazelle business | 10 | |
| Evidence of receipt of grants or venture capital funding | 10 | |
| State or Territory Nomination | Special endorsement (limited places) | 10 |
You are required to submit a business plan outlining your intentions to establish and sustain your business in Australia. This plan should detail your proposed business activities and explain how they will economically benefit New South Wales (Sydney), Australia.
We guide, assist, and deliver quality services to our clients in preparing comprehensive business plans.
The business idea section of the Business Establishment Plan must:
Industry/Sector: Specify the proposed industry or sector in which the business will operate.
Business Description: Provide a description of the proposed business, including its legal and trading names.
Business Ownership: Include business ownership details such as partnership, proprietorship, corporation, franchise, acquisition, or private limited company.
Location: Specify the proposed business location (city or town).
Market Analysis: Provide a thorough market analysis, including target markets, suppliers, and major competitors.
Products/Services: Detail the products and/or services the business will offer.
Distribution Channels: Outline the distribution channels the business will use.
Business Hours: Specify business hours of operation.
Regulations/Licenses: Identify any regulations or licenses required to operate the business.
Job Creation: Specify the number of jobs the business will create for Australian or Permanent Residents in the state.
Research Support: Include comprehensive research supporting the business plan, demonstrating knowledge of economic, market, and cultural factors relevant to the business.
Establishment Steps: Outline the steps and milestones for business establishment, including a timeline to show the business’s reasonable chance of success and feasibility upon arrival.
Economic Benefits: Describe the economic benefits the business will provide to the state, such as employment opportunities, exports, technology transfer, and revenue collection.
Investment Details: Detail the proposed investment amount, including how funds will be allocated, start-up costs, and a cash flow projection for the first year.
Commercial Challenges: Demonstrate understanding of the commercial challenges likely to be faced when operating the proposed business in New South Wales.
The name, organizations, mailing addresses, phone numbers, and emails of contracted professional business service providers who the applicant has contacted and/or has established an active working relationship or paid contractual agreement.
Management Contribution: The management contribution the candidate will make with respect to the proposed business, including an estimate of the hours he or she will spend managing and/or working in the business on a weekly basis; his/her day-to-day involvement in business operation and strategic decision making.
Entrepreneurial Experience: The candidate’s entrepreneurial experience and its relevance to the proposed business idea. If the candidate has no relevant experience or background directly related to the proposed business, he or she should explain how his or her knowledge or experience can be applied to the business.
Applicants are required to propose participation in a qualifying business activity. Eligible businesses can include nearly any commercial venture; however, certain types of businesses are excluded from eligibility for this visa. Examples of these ineligible businesses include:
Small scale property development/brokerage
Small scale freight forwarding and warehousing
Commodity and scrap metal export
Passive investment – property rental, and leasing activities etc.
Prior to visa application lodgment, exploratory visit is not required for this Visa.
Applicants are considered ineligible if they:
Are refugee claimants in Australia.
Are living illegally in their country of residence or in Australia.
Have been deported from Australia or a removal order has been issued by the Australian Government or are prohibited from entering Australia due to any reason.
Have serious medical conditions or have any dependent family member (accompanying or not) with a serious medical condition.
Have a criminal record or have any dependent family member over the age of 18 (accompanying or not) with a criminal record.
Applicant does not need to transfer any amount before Visa Grant.
After the visa is granted and the applicant relocates to New South Wales, Australia, they are required to transfer a minimum of AUD 300,000 to establish their business. The total settlement amount may vary depending on the applicant’s personal preferences regarding location, housing size, and chosen lifestyle.
No Age Relaxation, Applicant must be upto 55 years of age.
This Visa (SubClass 188 – Business Innovation Stream) Provides you Pathway for Permanent Residence. After grant of Visa, you need to:
Hold SubClass 188 Visa: (Business Innovation Stream) and be nominated by a state or territory Government for SubClass 888.
Business Operation: Own and operate a viable and sustainable ‘eligible’ business in New South Wales (Other than Sydney and Surrounding Areas) for at least two years with involvement in day-to-day operation of the business and the overall strategic decision making of the business.
Employee Compliance: Comply with the National Minimum Wage standards in regards to at least two employees who are either Australian Citizens or Permanent Residents.
Annual Turnover: An annual turnover of AUD 300,000 in your main business (or businesses), for the last 12 months before you apply for permanent residence visa subclass 888.
To be eligible to apply for Australian Citizenship, the applicant must:
Residency Requirement: Have been living in Australia on a valid Australian visa for four years immediately before applying, which must include the last 12 months as a permanent resident.
Absence Limitation: Not have been absent from Australia for more than one year in total during the 4-year period, including no more than 90 days in the year immediately before applying.
At Aswad Consultants, we are dedicated to providing exceptional travel and immigration services. Our team ensures that every journey is seamless and every visa application is handled with care, offering you peace of mind from start to finish.
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