immigration consultant
Expert Knowledge, Seamless Immigration Advice.

Contact Us

Book A
Consultation

Call Us

Home - Important Update: Changes to the Business Innovation and Investment Visa Program

  • Ian Singer View Profile
    Director & Principal Registered Migration Agent (MARN 0001947)
  • May 21, 2024

Important Update: Changes to the Business Innovation and Investment Visa Program

Federal Budget Announcement 2024-2025

AustraliaMigrate would like to inform our clients and visitors about a significant update from the Australian Federal Budget for the financial year 2024-2025. The government has announced the removal of the entire Business Innovation and Investment Visa Program (BIIP). This means that the Business Innovation and Investment visas will no longer be available.

Key Details:

  • Program Cease Date: The Business Innovation and Investment Visa Program will officially cease operations. Details are to be confirmed.
  • Refunds Available: Visa application charges will be refunded from September 2024 for those who wish to withdraw their BIIP application (Budget paper 2, p 136).

Next Steps and Alternative Visa Options

At AustraliaMigrate, we understand that this change may impact many individuals and businesses planning to apply for a business visa. While the BIIP will no longer be an option, we are here to assist you in exploring alternative visa pathways.

How We Can Help:

  • Alternative Visa Options: Our experienced migration consultants can help identify other visa options that may be suitable for your circumstances.
  • Personalized Assessment: We offer personalized assessments to help you find the best visa strategy moving forward.
  • Consultations Available: Book a consultation with us to discuss your specific situation and get expert advice on your visa options.

Get Started:

We are committed to helping you navigate these changes and find the best possible solutions for your migration needs. If you have any questions or need further assistance, please do not hesitate to contact us.

Latest News

The Hidden Work Experience Mistakes That Could Cost You Your Australian Skilled Visa

Share via AI:ChatGPTClaudePerplexityGeminiGoogle AIMost people think work experience is the easiest part of an Australian visa application. You’ve done the job, your employer is happy with your work, and you …

Read More

Why Small Mistakes in Employer Sponsored Visas Can Become Costly for Australian Businesses

Share via AI:ChatGPTClaudePerplexityGeminiGoogle AI  At Australia Migrate, Employer Sponsored Visas, 482 Visa applications and Australian skilled migration pathways remain a major focus of the firm’s work. After more than two …

Read More

The Hidden Work Experience Mistakes That Cause Skilled Visa Problems

Share via AI:ChatGPTClaudePerplexityGeminiGoogle AIFor many people pursuing skilled migration to Australia, work experience appears to be the simplest part of the process. After all, if you have done the job, …

Read More

Best Holistic Migration Providers Australia for Skilled Roles

Share via AI:ChatGPTClaudePerplexityGeminiGoogle AISecuring top-tier international talent is no longer just a human resources objective; it is a critical business strategy. As skill shortages continue to challenge Australian businesses across …

Read More
[instagram-feed feed=1]