Business Innovation and Investment Points Test

Innovation points test for the Business Innovation and Investment Program (effective July 1, 2012)
Age Qualification Points
18-24 20
25-32 30
33-39 25
40-44 20
45-54 15
Engligh Test
IELTS each band 5.0 5
IELTS each band 7.0 10
Education Qualification
Australian trade certificate, Diplomaor a Bachelor degree recognized by minister 5
Bachelor degree in business, science or technology 10
Business Experience
4 years in the 5 years before applying for the visa 10
7 years in the 8 years before applying for the visa 15
Investor experience
AUD 100,000 investment for not less than 4 years 10
AUD 100,000 investment for not less than 7 years 15
Financial Asset Qualification
800,000AUD in each of the 2 fiscal years 5
1,300,000AUD in each of the 2 fiscal years 15
1,800,000AUD in each of the 2 fiscal years 25
2,250,000AUD in each of the 2 fiscal years 35
Business Turnover Qualification
AUD 500,000 in at least 2 of the 4 fiscal years 5
AUD 1,000,000 in at least 2 of the 4 fiscal years 15
AUD1,500,000 in at least 2 of the 4 fiscal years 25
AUD 2,000,000 in at least 2 of the 4 fiscal years 35
Business Innovation
Registered Patent for 1 years, and were used in the day to day activities of the main business 15
Registered trade marks for 1 years, and were used in the day to day activities of the main business 10
Joint Venture Agreement for 1 years 5
Export trade accounted for 50% of its annual turnover in 2 of the 4 fiscal years 15
20% annualised growth in turnover over 3 year and;5 years establishment and;10 or more employees 10
AUD 10,000 government grant orAUD 100,000 venture capital funding 10
Special endorsement qualification 10
Pass mark 65