NEW CHANGES FOR BUSINESS & INVESTMENT VISAS FROM 01 JULY 2021
Acting Minister for Immigration, Citizenship, Migrant Services, and Multicultural Affairs Alan Tudge has announced major changes to the Business Innovation and Investment Program (BIIP). From 01 July 2021, this program will be simplied from nine to four streams and eligibility changes will apply. The changes are made to drive investment in key sectors and create Australian jobs. “Almost $1.3 billion dollars was invested through the Business Innovation and Investment Program last year, the investment that is critical to our COVID-19 economic recovery,” Mr Tudge said. “These changes will maximise the economic contribution of these high-value investors to get the best