The Entrepreneur visa allows the applicant to carry out the entrepreneurial activity in Australia. The applicant can stay in the country for up to 5 years on this visa and bring eligible family members along. Once you have an Entrepreneur visa and meet specific requirements, you may apply for a Business Innovation and Investment visa, which is a permanent visa. To secure the Entrepreneur visa, the candidate must be nominated by a State or Territory government agency, undertake or propose a conforming entrepreneur activity in the country, and show the authority a business plan for the entrepreneurial activity you want to carry out and have at least competent English.