The requirements for the Business Innovation stream of the Australian business visa are listed below:
- Score at least 65 points-based factors such as age, English, qualifications, business experience and assets.
- Own a business with at least AUD 750,000 turnover in 2 of the last 4 years.
- Have at least 4 years of business management experience.
- Show personal and business assets of at least AUD 1.25 million.
- Get a nomination from an Australian state or territory.
- Provide a business plan for your proposed business in Australia.
- Meet health and character requirements.