Australia is a land of opportunities and prospects for investors, entrepreneurs, and businesspersons, looking to expand their business possibilities. The Aussie government offers a wide range of Australia Business Visa options that allow businesspeople to enter and operate in the land down under, including the Business Innovation and Investment Visa (Subclass 188).
Strong economy, encouraging and conducive Government policies, ideal employment conditions, and all these factors establish Australia as a nation that supports, sponsors, and encourages businessmen, entrepreneurs, investors, employers, and business migrants. Apart from this, being an advance nation, Australia offers a constructive environment in terms of infrastructure, transportation, Workplace laws, etc., which are crucial for the growth and development of business and industries.
Australia Business Innovation and Investment Visa (Subclass 188)
The Australia Business Visa, i.e. Subclass 188 Visa is designed for individuals who are interested in investing in a new or existing business in Australia. This visa has numerous streams, i.e. the Business Innovation stream, Investor stream, and Significant Investor stream.
- The Business Innovation stream is apt for people with business skills who want to setup, develop, and manage a new or existing business in Australia.
- The Investor stream is designed for individuals who are ready to invest at least AUD 1.5 million in an Australian state or territory and maintain business or investment activity in the nation.
- The Significant Investor stream is appropriate for people who wish to invest at least AUD 5 million in complying significant investments in the land down under. The complying significant investments may comprise bonds, equity, and venture capital investments, as well as direct investment in Australian proprietary companies.
The Business Innovation and Investment Visa (subclass 188) is a
provisional or interim visa, which allows the you to live and work in
Australia for up to 4 years. After fulfilling the required parameters,
visa holders can apply for permanent residency via the Business
Innovation and Investment Visa (subclass 888).
To apply for the Business Innovation and Investment Visa, candidates
needs to be nominated by a state or territory government agency of
Australia and fulfil the eligibility requirements, i.e. age, English
language ability, and health and character requirements.
This Australia Business Visa offers a tremendous opportunity for
businesspersons who wish to setup or expand their business in Australia.
The flexible visa options and helpful business environment, makes
Australia a perfect destination for those who willing to take advantage
of the nation’s growing economy and business opportunities.