Business Innovation And Investment Visa (subclass 188) - Business Innovation stream

Australia

Entrepreneur , Investor
All Business Sectors
$550000

This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia.

Business Innovation And Investment Visa (subclass 188) - Business Innovation stream

This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia.

Country

For who?

Entrepreneurs , Investors

Time Granted Details

Four years and three months, it can be extended then the applicant can apply for permanent residence permit

Requirements

* Identity documents (passport ....)
*An overview of business career and intentions in Australia
* Evidence of the net value of your business and personal assets
* Evidence of business ownership at the time you are invited to apply
* Evidence you managed the business
* Evidence of business registration (business registration certificate or licence for the main business).
* Evidence of the ownership or share of ownership of the main business
* Financial statements (2 fiscal years immediately before the invitation to apply, any other fiscal year in the 4 years immediately before the invitation)
* Organisational chart and business premises
* Information about losses or insolvency
* Evidence of assets of 800,000 AUD as at time of invitation
* Summary statement of assets and liabilities
* Evidence of asset ownership and value
* Points Test documents (Provide documents only for items you want points for in the Points Test)
* English language documents
* Health documents
* Character documents
* Partner documents
* Dependents under 18 documents
* Dependents over 18 documents
* Invitation letter

Minimum fund

$550000

Fund Source

This information is not available

Visa application fees

5,375 AUD

Duration

Unavailable

Documents required

This information is not available

Procedures

The applicant will go through these steps : 1. To submit an Expression of Interest (EOI) be nominated by an Australian state or territory government agency and then be invited to apply by receiving an invitation letter any time within 2 years of submitting the EOI.
2. To gather required documents :
proof of identity documents for him and all other applicants, evidence of his assets and business activities.
3. To apply for this visa online in ImmiAccount. You must be invited to apply. The invitation letter contains instructions on how to submit the application.
4. To track and manage the application using ImmiAccount till the decision.
5. To receive the decision and keep a copy

How to apply?

To learn more about the procedure, you can visit the website of Australia s department of Home Affairs :
https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-innovation-and-investment-188/business-innovation-stream#HowTo

Additional info

This information is not available

Family

This information is not available