Key business and investment immigration visa changes in Australia

Richard Yuan JP, Chairman, Australia China Entrepreneurs' Club



Key business and investment immigration visa changes in Australia announced today (in effect from 1 July 2021).


Link: Australian Government Announcement



SUMMARY


The program will be simplified from nine to four visa streams:


  • Business Innovation Visa

  • Entrepreneur Visa

  • Investor Visa

  • Significant Investor Visa (SIV)


On the "delete list" are these visas:


1) The Premium Investor~a bit of nuisance, as no one applied for or obtained the visa anyway, based on my limited knowledge of 20 years practice.


2) Significant Business History ~also called 132a visa, one of the most popular visas.


3) Venture Capital Entrepreneur visas~not popular anyway.


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