EOI points breakdown for the Australia Investment Visa
The Business Innovation and Investment Visa (subclass 188) uses a points-based system to rank Expression of Interest (EOI) submissions.
The points breakdown for the Australia Investment Visa is as follows:
- Age: You can score up to 30 points for age. The maximum points are awarded to applicants who are aged between 25 and 32 years.
- English language proficiency: You can score up to 20 points for English language proficiency. The points are awarded based on your score in an approved English language test.
- Qualifications: You can score up to 15 points for your qualifications. The points are awarded based on the level of your qualifications, the field of study, and the length of study.
- Business experience: You can score up to 15 points for your business experience. The points are awarded based on the number of years of experience you have in managing or owning a business.
- Net business and personal assets: You can score up to 25 points for your net business and personal assets. The points are awarded based on the total value of your assets.
- Business turnover: You can score up to 5 points for your business turnover. The points are awarded based on the turnover of your business in the past two fiscal years.
- Innovation: You can score up to 10 points for innovation. The points are awarded if you have obtained a patent or registered a trademark.
The total maximum points available for the Business Innovation and Investment Visa (subclass 188) is 110. However, the minimum score required for an invitation to apply varies depending on the stream you are applying for.
The current minimum scores required for each stream are as follows:
- Business Innovation stream: 65 points
- Investor stream: 65 points
- Significant Investor stream: 65 points
- Premium Investor stream: 65 points
- Entrepreneur stream: 65 points
Australia Investor Visa Points Calculator
The points for the Business Innovation and Investment Visa (subclass 188) are calculated based on the information provided in your Expression of Interest (EOI). The Department of Home Affairs uses a points based system to rank EOI submissions and invite the highest ranking applicants to apply for the visa.
This is the exact Australia Investor Visa Points Calculator
Age Points
- Applicants who are aged between 18 and 24 years can score up to 20 points
- Applicants who are aged between 25 and 32 years can score up to 30 points
- Applicants who are aged between 33 and 39 years can score up to 25 points
- Applicants who are aged between 40 and 44 years can score up to 20 points
- Applicants who are aged between 45 and 54 years can score up to 15 points
- Applicants who are aged 55 years or older can score up to 0 points.
The points for age are awarded based on the age of the primary applicant at the time of receiving the invitation to apply. Applicants who are aged between 25 and 32 years are awarded the maximum 30 points, while applicants who are aged 55 years or older are not eligible to receive any points for age.
English language points
- Competent English (minimum score of 6 in each of the 4 components of IELTS, or equivalent test score in a recognized English language test): 0 points
- Proficient English (minimum score of 7 in each of the 4 components of IELTS, or equivalent test score in a recognized English language test): 10 points
- Superior English (minimum score of 8 in each of the 4 components of IELTS, or equivalent test score in a recognized English language test): 20 points
Applicants who score below 6 in any of the 4 components of IELTS are not eligible for any English language points.
Qualifications points
- A recognized standard business degree or higher qualification: 10 points
- A recognized standard qualification in science, technology, engineering, or mathematics (STEM) field: 10 points
- A specialized qualification that is relevant to the applicant’s proposed business activity: 10 points
- A trade qualification or diploma that is relevant to the applicant’s proposed business activity: 5 points
To be eligible for the qualification points the applicant must have completed the qualification from a recognized institution. The qualification must also be relevant to the applicant’s proposed business activity.
Business experience points for the Australia Investor Visa
- At least four years of experience in a business or investment activity: 10 points
- At least seven years of experience in a business or investment activity: 15 points
- At least ten years of experience in a business or investment activity: 20 points
To be eligible for the business experience points the applicant must have a proven track record of successfully managing and developing businesses or investments. The experience must be relevant to the applicant’s proposed business activity.
Net business and personal assets points
- Net business and personal assets of at least AUD 800,000: 5 points
- Net business and personal assets of at least AUD 1.3 million: 15 points
- Net business and personal assets of at least AUD 1.8 million: 25 points
- Net business and personal assets of at least AUD 2.25 million: 35 points
- Net business and personal assets of at least AUD 2.75 million: 45 points
To be eligible for the net business and personal assets points the applicant must demonstrate that they have a significant amount of assets that can be used to establish or invest in a business in Australia. The assets must be legally owned by the applicant.
Business turnover points
- Annual turnover of at least AUD 500,000: 5 points
- Annual turnover of at least AUD 1 million: 15 points
- Annual turnover of at least AUD 1.5 million: 25 points
- Annual turnover of at least AUD 2 million: 35 points
- Annual turnover of at least AUD 3 million: 45 points
To be eligible for the Business turnover points the applicant must demonstrate that they have experience managing a business with a significant annual turnover. The turnover must be relevant to the applicant’s proposed business activity.
Innovation points for the Investment Visa
- At least one or more patents or registered designs: 15 points
- At least one or more registered trademarks: 10 points
- Evidence of holding a formal joint venture agreement with a university: 5 points
- Evidence of holding a formal innovation award or membership of an innovation body: 5 points
- Evidence of being funded by a government or venture capital firm: 10 points
Evidence of total annual expenditure on research and development (R&D) activities
- At least AUD 100,000: 10 points
- At least AUD 150,000: 15 points
- At least AUD 200,000: 20 points
- At least AUD 300,000: 25 points
- At least AUD 400,000: 30 points
To be eligible for the Innovation points an applicant must demonstrate that they have a history of involvement in innovative and research-oriented activities. This can include holding patents or registered trademarks, having a joint venture agreement with a university, receiving innovation awards or being a member of an innovation body. Evidence of government or venture capital funding as well as evidence of annual expenditure on research and development (R&D) activities can also be considered as part of the Innovation points assessment.
Free Visa Assessment
If you are considering applying for an Australian investor visa, taking a free visa assessment to work out your EOI points can provide numerous benefits.
Here are some of the key advantages
- Better understanding of your eligibility: The assessment process will provide you with a clear understanding of whether you meet the eligibility criteria for the investor visa. The assessment will take into account various factors such as age, education, business experience and net worth to calculate your points.
- Save time and money: Applying for an Australian investor visa can be a time-consuming and expensive process. By taking a free visa assessment, you can determine your eligibility for the visa and how many points you can expect to score. This information can help you decide whether or not to proceed with the application process, potentially saving you both time and money.
- Increase your chances of success: The assessment will give you an idea of the points you can expect to score and help you identify areas where you may need to improve. This can increase your chances of success when you submit your EOI (Expression of Interest) and apply for the visa.
- Peace of mind: Knowing that you have taken a free visa assessment and have a clear understanding of your eligibility and potential points can give you peace of mind. This can help you make informed decisions about your future plans and give you confidence as you move forward with the visa application process.
In conclusion, taking a free visa assessment to work out your EOI points can provide numerous benefits for anyone considering applying for an Australian investor visa. It can help you save time and money, increase your chances of success, and provide you with expert advice and peace of mind. Press to Take your Free Visa Assessment