Australian Business Innovation and Investment Subclass 188 Visa
If you have been thinking of starting up a new company in Australia or managing an existing one or investing in a state or territory in Australia, then you are welcome to apply for the Australian Business Innovation and Investment Provisional visa. This visa empowers you as a foreign national, immigration to Australia, start up a business and run it without restrictions whatsoever.
There are basically three paths to this visa and they include:
- The Business Innovation Stream: This is designed for those will business skills who desire to startup, establish, manage and develop a new or existing business within Australia.
- The Investor Stream: This is designed for those who just want to make a certain amount of investment, of at least AUD1.5 million, in an Australian state or in a territory within Australia
- The Significant Investor Stream: This pertains to those who are willing to invest nothing less than AUD5,000,000 into investments that comply in Australia
If you fall in any of the above categories, then you can bring an application for Australian visa 188. As you are doing that, please keep in mind that you must have at least 65 points. These points are calculated from your age, education, work experience, English language ability etc. With less than 65, you are still not qualified, except you are applying in the Significant Investor Stream which does not really require your active participation in running the business.
You are welcome to speak to us at Permits And Visas about your challenges with your application. We have experts in Australian Immigration and Visas with many years of experience in dealing with all types of Australia visas. If there is need, we will suggest a change of the visa class you are applying for.
The Benefits of the visa include:
- Holders are free to live in Australia
- Holders are free to access the job opportunities in Australia, take up these Australia jobs visa the Australia work permit visa without restriction
- Holders are free to study in Australia
- Holders can enroll in the Medicare health scheme with expenses taken care of
- Holders are free to travel to and fro Australia.