Australia’s Business Innovation Stream to Close, New National Innovation Visa Announced
Australia’s Business Innovation and Investment Visa Program (BIIP) is undergoing significant changes. As part of the federal government’s 2024-25 budget, the Business Innovation stream (subclass 188) will permanently close to new applications starting in July 2024. The program, designed to attract business owners and investors, has been found to offer limited economic benefits. The number of spots available […]