A permanent visa that lets you continue to own and manage a business in Australia. You must be nominated by a state or territory government.
To find out if you are eligible for this visa, read the Department of Home Affairs' visa criteria for the Business Innovation and Investment (Permanent) visa (subclass 888).
Victorian nomination eligibility
Provisional visa nomination conditions
Applicants holding a provisional visa nominated by the Victorian government must demonstrate that they have met the nomination conditions they agreed to at the time of accepting provisional nomination. For example you have lived in Victoria during your provisional visa period.
Living in Victoria
You must reside in Victoria to successfully manage your business. Time absent from Victoria should generally be less than six weeks total per year. If more than six weeks, you must submit the business reasons for your absence.
You must also demonstrate a genuine commitment to continue residing in Victoria.
Applicants must have owned and operated a viable and sustainable ‘eligible’ business in Victoria for no less than two years.
An eligible business can be almost any commercial endeavour. However, some activities may be excluded unless otherwise agreed to in writing. Exclusions include:
- small scale property development
- small scale freight forwarding and warehousing
- commodity and scrap metal export
- passive investment.
You must be able to show that you have been responsible for the day-to-day operation of your business and the overall strategic direction of the business.
At the time you apply for Victorian visa nomination, the data provided must be no more than three months old and be consistent with business activity statements, financial reports, tax lodgements and any data held by an Australian government department. For example, the Australian Taxation Office and the Department of Home Affairs.
Payment of employees
You are required to comply with the National Minimum Wage standards in regards to employees. For guidance regarding full time and part time employees, holiday pay rate, work cover and superannuation, please consult a registered accountant.
The Fair Work Commission provides information about wage standards.
Export business activity
If you are engaging in export activity, you must demonstrate that the business has made a direct contribution to the Victorian economy. Examples of how to demonstrate economic contribution can include identifying:
- the export value of Victorian goods and services
- Victorian jobs created or retained, including flow-on effects to other Victorian suppliers
- the local economic benefits of the business
- assistance to Victorian businesses in exporting their products or addressing market gaps
- the expansion of export markets.
You are required to demonstrate that you have not engaged in ‘grey market’ or ‘parallel exporting’, that is, activities where goods are imported and sold in an export market without the consent of the owner of the goods trademark. Such evidence may be, but is not limited to, your consultation with the Victorian business – for example partnership agreements, the provision of meeting dates, and personnel consulted.
You need to apply for Victorian visa nomination before you make a formal application for your visa. Applying for visa nomination from the Victorian Government involves two steps.
Step 1: Apply for visa nomination
You need to register as a user of this website and then complete your application. You will need to prepare the following documentation for your application and upload it when requested:
- Appointment of an Agent/Representative form (if applicable)
- Business Innovation and Investment (Permanent) visa (subclass 888) Nomination Conditions form
- State Nomination Statement form
- Balance Sheet and Profit & Loss Statement for the past 24 months
- Three photos of the business (external and internal), products or service
- Evidence of agreements with trademark export products (if applicable).
All forms are available from the Supporting documentation and forms page.
Step 2: Lodge a formal visa application
If you receive visa nomination from the Victorian Government, you can then proceed to lodge a formal visa application with the Department of Home Affairs.
Victorian visa nomination processing
Processing times can vary. You can expect an outcome within four weeks from the time your complete application is lodged for visa nomination.
We will contact you or your agent (if applicable) if we need more information to assess your application.
You or your agent (if applicable) will be notified of the outcome of your visa nomination application by email.
As part of your application, you will be required to agree and adhere to the following obligations:
- I have read (or have had read to me) the contents of my application and confirm that the information contained therein is true and correct.
- I confirm that I meet all of the Department of Home Affairs' visa eligibility criteria for the Business Innovation and Investment (Permanent) visa (subclass 888).
- I will notify the Victorian Government of any changes to my contact details within the first five years of permanent visa grant and agree to participate in any surveys that the Victorian Government may conduct.
- I have a genuine commitment to continue to engage in business, entrepreneurial or investment activity in Victoria.
- I have a genuine commitment to continue to reside in Victoria.
The Victorian Government:
- may share information relating to the application and the applicant’s business/investment activities in Victoria with the Department of Home Affairs and with the Treasury Corporation of Victoria.
- reserves the right to make direct contact with the applicant in relation to this application or related matters.
- has no legal authority to deal with visa matters and will not advocate to the Department of Home Affairs or the Administrative Appeals Tribunal on behalf of the applicant.
- does not endorse any investment made, or any business activity undertaken, by the applicant nor does it accept liability for any financial loss, cost or expense incurred as a result of any business decision, business activities or investments made by any person in any way connected with this application, or otherwise.
Without express written consent from the Victorian Government, failure to comply with the above conditions may result in the withdrawal of Victorian Government nomination for the applicant’s visa.