By Verus Visa, a Registered Australian Migration Agency
Business Visas in Australia
Business and investment settings have changed. The Business Innovation and Investment Program is closed to new applications. We now look at alternative pathways for business owners, investors and founders, including the National Innovation visa and tailored work routes.

Pathway triage
We assess your goals, sector, track record and timelines, then recommend a viable visa path after BIIP’s closure.
National Innovation visa case framing
We build merit cases with nominations, evidence of achievements, impact metrics, publications, IP, funding and endorsements.
Employer and executive routes
We structure employer-sponsored pathways where you will lead or build an Australian operation.
Short-term activity planning
For visits, conferences or project work, we pick the right visitor or activity stream and set conditions clearly.

Business Visa Eligibility and Requirements
Current landscape:
- BIIP 188/888 – closed to new applicants from 31 July 2024. On-hand cases continue to be processed.
- National Innovation visa 858 – permanent visa for exceptional talent contributing to priority sectors.
- Other options – employer sponsorship, short-term business visitor streams and specialist temporary visas, depending on role and activity.
Business Visa Application Process
Strategy session and document audit
We review your goals, business background and documents to map your best visa options.
1.
Identify visa stream and nomination steps
We confirm the most suitable pathway and outline any required nominations or endorsements.
2.
Evidence build and endorsements
We prepare financial, business and achievement evidence and secure any required endorsements.
3.
Application lodgement
We submit a complete, well-structured application supported by detailed submissions.
4.
Decision and post-grant setup
We guide you through the outcome and next steps, including compliance and family arrangements.
5.
Speak to us about Business Visas
We’ll find the most realistic route for your profile post-BIIP. Verus Visa maps National Innovation visa and employer routes for founders, executives and investors.

Frequently Asked Questions
What happened to the 188 Business Innovation and Investment visa?
It closed to new applications from 31 July 2024. Existing lodged cases are still processed. We now look at other routes that fit your profile, including the National Innovation visa where appropriate.
What is the National Innovation visa?
Subclass 858 is a permanent visa for exceptional talent in priority areas. It replaced the Global Talent visa in late 2024. We frame evidence to match the criteria and sector focus.
Can I still invest and move to Australia under a business stream?
There is no new BIIP intake. Depending on your role, we can assess employer sponsorship, innovation pathways, or suitable visitor options for meetings and exploration.
Do these pathways include my family?
Most permanent and many temporary pathways can include partners and dependent children. We’ll confirm eligibility and documents upfront.
