This visa is for people who have a business or investment career and wish to invest in Australia. Successful applicants may:
- establish a business in Australia or make a designated investment
- travel in and out of Australia any number of times as long as the visa is valid
- take family to Australia, who also have access to work and study rights
- establish a pathway to permanent residence.
However, this category is currently closed to new applicants (as updated by Australian Department of Immigration, October 2013)