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Update - Business and Investment Visa program


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I have it on good authority that no further places on the BIIP program will be allocated this financial year.

This effectively means that unless you have already received an invitation and lodged your visa application, you will now likely have to wait until July 2023 at the earliest for the program to reopen.

By way of background, the largest review of the migration program is set to kick off and the BIIP program is part of that. Places allocated this financial year were exhausted very quickly and the number of places available in future years will likely reflect the outcomes of the imminent review.

This will be very disappointing for many, however we live in hope that the Government will listen to stakeholders and the many success stories of business and investor migrants who have successfully made the transition bringing new skill sets, stimulating the economy, creating jobs and paying taxes along the way. 

Hoping common sense will prevail!

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