188A (Business Innovation Stream) Visa
The 188A (Business Innovation Stream) Visa is available to individuals who have been nominated by an Australian State or Territory government and meet the required points test. To be considered for nomination, applicants must submit an Expression of Interest (EOI) through the SkillSelect system.
This visa is designed for individuals who wish to establish or manage a new or existing business in Australia. It provides a 5-year temporary visa, allowing applicants to run their business and apply for permanent residency through the Business Innovation & Investment (Residence) Subclass 888 visa. After holding the subclass 188 visa for three years, an additional 2-year extension is available, providing a total of six years from the original visa’s grant date.
Features:
- Business Operation: Applicants can operate a new or existing business in Australia.
- Duration of Stay: Visa holders can travel to, enter, and remain in Australia for up to 6, 7, or 8 years from the date of the original Business Innovation and Investment (Provisional) visa (Subclass 188) grant in the Business Innovation stream.
- Family Inclusion: Eligible family members can accompany the primary visa holder.
- Path to Permanent Residency: Applicants can apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) in the Business Innovation stream if they meet specific requirements.
Eligibility:
- Previous Visa: Applicants must hold or have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream for at least three years or a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation Extension stream and not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation Extension stream.
- Nomination: Applicants must be nominated by a State or Territory government agency.
To assess your eligibility for the 188A (Business Innovation Stream) Visa or to obtain more information, please book a FREE consultation now.
188B (Investor Stream) Visa
The 188B (Investor Stream) Visa is available to individuals who have been nominated by an Australian State or Territory government. This visa is designed for individuals who wish to make a specific investment in an Australian state or territory. It provides a 5-year temporary visa, allowing applicants to carry out investment activities in Australia. After maintaining the investment for four years, applicants can apply for permanent residency through the Business Innovation & Investment (Residence) Subclass 888 visa. The application for the 188B visa can be made while in Australia or abroad.
Features:
- Investment Activities: Visa holders can engage in investment activities in Australia.
- Path to Permanent Residency: Applicants can apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) in the Significant Investor stream if they meet specific requirements.
- Extension Option: This provisional visa allows holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream to extend their stay in Australia for up to 4 more years.
Eligibility:
- Nomination: Applicants must be nominated by a State or Territory government agency or Austrade.
- Previous Visas: Applicants must not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor Extension stream.
- Complying Investment: Applicants must continue to hold a complying significant investment in accordance with the complying investment framework at the time of applying for this visa.
- Business and Investment History: Applicants and their partner must have no history of involvement in business or investment activities that are not generally acceptable in Australia.
To assess your eligibility for the 188B (Investor Stream) Visa or to obtain more information, please book a FREE consultation now.
188C (Significant Investment) Visa
The 188C (Significant Investment) Visa requires recommendation by an Australian State or Territory government. To be considered for nomination, applicants must submit an Expression of Interest (EOI) through the SkillSelect system.
This visa is available to individuals who are willing to invest AUD$5 million in complying investments in Australia. It provides a 5-year temporary visa, allowing applicants to carry out investment activities in Australia. After maintaining the investment for four years, applicants can apply for permanent residency through the Business Innovation & Investment (Residence) Subclass 888 visa. The application for the 188C visa can be made while in Australia or abroad.
Features:
- Investment Activities: Visa holders can engage in investment activities in Australia.
- Path to Permanent Residency: Applicants can apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) in the Significant Investor stream if they meet specific requirements.
- No Upper Age Limit: There is no upper age limit for this visa.
- No English Language Requirement: There is no English language requirement for this visa.
- No Points Test: There is no points test for this visa.
- Extension Option: The visa provides at least two extensions of two years each if extension requirements are met.
- Lower Residence Requirement: The visa has a lower residence requirement (40 days per year for the main applicant or 180 days for the spouse) to apply for the 888 Permanent visa.
Eligibility:
- Invitation: Applicants must be invited to apply for this visa.
- Nomination: Applicants must be nominated by a State or Territory government agency or Austrade to invest at least AUD5 million that meets certain requirements and have a genuine intention to hold that investment for the duration of the provisional visa.
- Intention to Live in the Nominated State or Territory: Applicants must have a genuine intention to live in the State or Territory whose government agency nominates them.
To assess your eligibility for the 188C (Significant Investment) Visa or to obtain more information, please book a FREE consultation now.
888 (Business Innovation and Investment (Permanent) Visa)
The 888 (Business Innovation and Investment (Permanent) Visa) is a permanent visa that allows entrepreneurs, investors, and business owners to live permanently in Australia and continue their business activities.
There are different streams within this visa category based on specific criteria, including the Business Innovation stream, Investor stream, Significant Investor stream, Premium Investor stream, and Entrepreneur stream. The 888 visa allows holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, as well as certain other visa holders, to stay permanently in Australia.
Features:
- Permanent Residence: Holders of the 888 visas can stay in Australia indefinitely.
- Work and Study: Visa holders can work and study in Australia.
- Medicare Enrollment: Visa holders can enroll in Australia’s public healthcare scheme, Medicare.
- Family Sponsorship: Visa holders can sponsor their relatives to come to Australia.
- Travel Validity: Visa holders can travel to and from Australia for 5 years.
- Path to Citizenship: Eligible applicants can apply for Australian citizenship.
Eligibility:
- Relevant Visa: Applicants must hold a relevant stream of the subclass 188 visa or, in the case of applications for a subclass 888 visa in the Business Innovation stream, hold a relevant stream of the subclass 188 visa, a subclass 444 (Special Category) visa, or a subclass 457 (Business (Long Stay)) visa granted under certain circumstances.
- Nomination: Applicants must be nominated by a State or Territory government agency.
- Qualifying Business: Applicants must provide evidence of at least 2 years of continuous qualifying business and demonstrate a commitment to continuing their business activity in Australia.
- Financial Requirement: Applicants must have had at least A$300,000 in the 12 months before the visa application.
To assess your eligibility for the 888 (Business Innovation and Investment (Permanent) Visa) or to obtain more information, please book a FREE consultation now.
132 (Business Talent (Permanent) Visa)
The 132 (Business Talent (Permanent) Visa) enables individuals to establish a new or develop an existing business in Australia. This visa grants permanent residence status and offers two streams: the Significant Business History Stream and the Venture Capital Entrepreneur Stream.
Features:
- Indefinite Stay: Visa holders can stay in Australia indefinitely.
- Work and Study: Visa holders can work and study in Australia.
- Medicare Enrollment: Visa holders can enroll in Australia’s public healthcare scheme, Medicare.
- Family Sponsorship: Visa holders can sponsor their relatives to come to Australia.
- Travel Validity: Visa holders can travel to and from Australia for 5 years.
- Path to Citizenship: Eligible applicants can apply for Australian citizenship.
Eligibility:
- Assets and Business Turnover: Applicants must have assets of AUD1.5 million and a business turnover of AUD3 million.
- Nomination: Applicants must be nominated by an Australian State or Territory government.
- Invitation: Applicants must be invited to apply for the visa.
To assess your eligibility for the 132 (Business Talent (Permanent) Visa) or to obtain more information, please book a FREE consultation now.
