Australia’s BIIP Comes Up with New Changes

Visa Experts29 Dec, 2020Legal

To maximise the economic outcome, Australia’s government announced big changes to Business Innovation and Investment Program (BIIP) on 17 December 2020. Australia's government is revamping the Business Innovation and Investment Program (BIIP) to fuel its economy. The changes are wide-range and slash the existing nine categories to just four programs, as part of the Morrison Government's latest visa reforms. The changes aimed at boosting foreign investment in Australia, as the country counter-effect the impact of Covid-19 pandemic.