The applicants of the Australia Business Innovation stream must fulfil the below requirements:
- Have nomination
- Have ownership of the business with a turnover of AUD 750,000 for any 2 of the last 4 fiscal years
- Possess business and personal assets of minimum AUD 1,500,000
- Secure minimum 65 in the test for points
- Be below 55 years of age
- Have a thriving business career
- Must not have involved in activities that are unacceptable
- Possess proficiency in English at the functional level
- Fulfil health and character requirements
- Accept and sign the statement for Australian values
- Must not have a debt owed to the Government of Australia
- Must not have the refusal of previous application or Visa cancellation