Business Innovation and Investment (Permanent)
This visa allows you to continue your entrepreneurial, investor or business ownership activities and live in Australia permanently.
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At a glance
- Base application charge
- A$4,375
- Checked with the Department on 22 October 2026
- Primary applicant only. The Department publishes five further charges per row.
- 90% decided within
- 11 months
- Slowest of 3 streams - see below
- Age limit
- No limit
- English
- Functional English (IELTS 4.5 overall, or equivalent)
Processing times
How long the Department took to decide recently finalised applications. Each figure is a percentile, not an average or a promise.
| Stream | 50% decided within | 90% decided within |
|---|---|---|
| Business Innovation | 9 months | 11 months |
| Significant Investor | 4 months | 8 months |
| Investor | 5 months | 6 months |
Captured from the Department of Home Affairs on 16 October 2026. The Department does not state a reporting period for this source. Check the Department's tool for the figure as it stands today.
Streams
Each stream has its own eligibility, duration and charge. Read them alongside the Department's page before lodging.
| Stream | Duration | Base fee | Eligibility |
|---|---|---|---|
Business Innovation stream For 188 Business Innovation holders who have met business requirements. | Varies | A$4,375 Primary applicant | Functional English (IELTS 4.5 overall, or equivalent) |
Investor stream For 188 Investor holders who maintained their designated investment. | Varies | A$4,375 Primary applicant | Functional English (IELTS 4.5 overall, or equivalent) |
Significant Investor stream For 188 SIV holders who maintained their $5M complying investment for 4 years. | Varies | A$4,375 Primary applicant | Not required |
As published by the Department of Home Affairs on 22 October 2026
Data verified from immi.homeaffairs.gov.au. Charges and processing times are published by the Department of Home Affairs and change from time to time. Each figure on this page carries its own capture date - the page has no single “as at”, because the charge and the processing times are captured separately.
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