For an individual who wants to develop, own and manage a new or existing business in Australia.
Individual willing to invest at least A$1.5M in a State or Territory Government security and want to maintain business and investment activities in Australia.
This is for them who are willing to invest at least $5 M in certain investments in Australia and also wants to maintain business activities in Australia.
Granting of 188 visa will allow you to travel in and out of Australia within the duration period of your visa which is 4 years. It will also allow you to bring family members with you to Australia and if you permit all criteria it will lead the pathway for Permanent Residence in Australia .
If you are holding a visa in the Business Innovation stream and you are willing to extend your visa, you can apply for extension of your stay in Australia.Procedure of application for 188 VisaYou need to submit an expression of interest (EOI) through Skillselect and you must be nominated by a territory or state government before you apply for a 188 visa.
You are eligible for submission of an EOI both for outside or inside Australia. Your EOI must state the state or territory you are wishing to seek nomination from as well as you need to mention how you meet the criteria for the stream you are willing to apply.
To confirm your eligibility for Australia Business Innovation and Investment visa, you may fill the free assessment form. You may also send your queries with regards to Australia immigration and Business Innovation and Investment visa to email id- [email protected]
To know about Australia Business Innovation and Investment visa processing time, application costs and more kindly, visit our FAQ page.