1. The Future Economy: Innovation, entrepreneur visas & self-sponsorship
Panel Members
Alex Paterson, Fragomen Worldwide
Anne O’Donoghue, Immigration Solutions Lawyers
Christie Sawczuk, Department of Immigration and Border Protection

2. BIIP Framework – comparison
Visa stream
Min. Settlement Assets / Business Assets / Business Turnover
Invest (AUD)
Reside
English
Age limit
(55)
Points test
Business Innovation 188/888
Assets: $800k /
Turnover: $500k
Net business assets of at least $200k in AU business (888 stage)
1Y/2Y
Points factor 
Investor 188/888
$2.25M
$1.5 M ‘Designated Investment’
2Y/4Y
Significant Investor 188/888
$5M
$5M ‘Complying Significant Investment’
160 d/4Y or
720d/4Y (spouse) -
Premium Investor 188/888
$15 M
$15M ‘Complying Premium Investment’
0/1Y
Entrepreneur 188/888
Enough to satisfy State/Territory
Source at least $200k from third party
‘Competent’
Venture Capital 132
Enforceable agreement for $1M in VC funding
Significant Business History 132
Assets: $1.5M Turnover: $3M
Varies - generally at least $1.5M

3. Extension streams (Innovation & SIV) = extend TR status
PROS OF BIIP STREAM
132 Business Talent & 188 Innovation stream allow for investment in own business
Risk vs return: Investor & SIV - allow for passive investments and variances in investor’s risk appetite
Reduced residence requirements of 188 SIV/PIV stream = tax efficiencies
Extension streams (Innovation & SIV) = extend TR status

4. Social and political factors
AGILE
SKILLED MIGRATION
CHOICE OF DESTINATION
Infrastructure:
Dynamic professional and personal growth opportunities
Cluster:
Pool of other skilled professionals
Social and political factors
Immigration
process
Opportunity:
The best human capital ROI
Lifestyle
factors

5. visa solution for entrepreneurs – are the current settings correct?
Australia needs
an agile
visa solution for entrepreneurs – are the current settings correct?

6. Self sponsorship - a viable option for the future?