The Australian Business Migration visa, also known as the Business Innovation and Investment visa, is a program designed to attract successful business owners, investors, and entrepreneurs to Australia. The visa program offers a pathway to permanent residency for individuals who are willing to invest in or establish a business in Australia.

There are several different visa categories under the Business Innovation and Investment visa program, including the Business Innovation Stream, the Investor Stream, and the Significant Investor Stream. Each stream has its own specific requirements and benefits.

The Business Innovation Stream is intended for individuals who wish to establish a new business in Australia or who already have an established business overseas and wish to expand it to Australia. To be eligible for this visa, individuals must have a successful business career, a genuine intention to establish a business in Australia, and a business plan that demonstrates the viability and potential of the proposed business venture.

The Investor Stream is designed for individuals who are willing to make a significant investment in an Australian business. To be eligible for this visa, individuals must invest at least AUD 1.5 million in an Australian business and have a genuine intention to maintain that investment for at least four years.

The Significant Investor Stream is for individuals who are willing to invest at least AUD 5 million in Australian complying investments. This stream is intended to attract high-net-worth individuals who can contribute to the Australian economy by creating jobs and supporting innovation.

Overall, the Australian Business Migration visa is a highly sought-after pathway to permanent residency in Australia for successful business owners, investors, and entrepreneurs. It offers a range of benefits, including access to healthcare, education, and other government services, as well as the opportunity to build a new life in one of the world's most prosperous and welcoming countries.