Australian Consulate-General
Hong Kong
Also accredited to Macau

Business Skills Migration

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Innovation and Investment Programme

Introduction

The Business Innovation and Investment Programme is designed to increase entrepreneurial talent and diversify business expertise in Australia. It is positioned to target migrants that have a demonstrated history of success in innovation, investment and business and are able to make a significant contribution to the national innovation system and to the Australian economy.

As the first step of applying for a Subclass 188 or Subclass 132 visa under the Business Innovation and Investment program, you must submit an expression of interest ("EOI") in SkillSelect. If you are nominated by a state or territory, you will receive an invitation and only then could an application be made. If you receive an invitation subsequent to the submission of your EOI, further information on how to lodge an application will be provided in the letter of invitation. Once you receive an invitation, you are required to make an application within 60 days.

If you usually live in Taiwan or the People's Republic of China (including Hong Kong and Macau), you should provide your supporting documents to our office within 28 days after you have lodged your online application. Please refer to the following information on documentation requirements for applications processed by the Hong Kong Business Skills Processing Centre.

For information about Business Innovation and Investment program, please refer to:
https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-talent-permanent-132
https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-innovation-and-investment-188

Documentation Guide

Guidelines on documentation requirements for applicants from the People's Republic of China.

Documentation Guide for Business Innovation and Investment Visa Applications from PRC residents (pdf, 1290kb)

Document Checklists

 

 For Subclass 188 - Significant Investor Visa Applications

 Document Checklist for Subclass 188 SIV (pdf, 118kb)

 Source of funds for the Complying Significant Investment – Policy Clarifications 17 April 2019 (pdf, 127kb)

 For Business Innovation and Investment Visa Applications from PRC residents

 Document Checklist for Subclass 132 (pdf, 169kb)

 Document Checklist for Subclass 188 (pdf, 189kb)

 For Business Innovation and Investment Visa Applications from Macau residents

 Document Checklist for Subclass 132
 https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-talent-permanent-132

 Document Checklist for Subclass 188
 https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-innovation-and-investment-188

 For Business Innovation and Investment Visa Applications from Hong Kong residents

 Document Checklist for Subclass 132 (pdf, 155kb)

 Document Checklist for Subclass 188 (pdf, 183kb)

 For Business Innovation and Investment Visa Applications from Taiwan residents

 Document Checklist for Subclass 132 (pdf, 138kb)

 Document Checklist for Subclass 188 (pdf, 149kb)

 

Please note that the Visa Officer may also ask for other documents on a case by case basis, depending on the circumstances of the case.

Due to the volume of evidence required we cannot accept these documents by email. All documents must be sent by post or courier to:

Hong Kong Business Skills Processing Centre
Australian Consulate-General Hong Kong
23/F, Harbour Centre
25 Harbour Road
Wan Chai, Hong Kong

Business Innovation and Investment Program exchange rates
(Australian Dollar)

 

Hong Kong Dollar

Date/Year 2016 2017 2018 2019 2020
Mar 31 5.94 5.94 6.03 5.57 4.77
Dec 31 5.60 6.10 5.52 5.45  

 

Chinese Yuan Renminbi

Date/Year 2016 2017 2018 2019 2020
Mar 31 4.95 5.27 4.82 4.76 4.37
Dec 31 5.02 5.08 4.85 4.89  

 

Taiwan Dollar

Date/Year    2016 2017 2018 2019 2020
Mar 31 24.77 23.13 22.34 21.90 18.6
Dec 31 23.37 23.15 21.58 21.04  

 

For balance dates other than those specified above, we recommend that you consult the following website:
https://www.oanda.com/currency/converter

 

Page Last Updated: 7 April 2020