Business Innovation Visa Stream
- A nomination from the state or territory government
- Must own one or more businesses for four financial years. Also, the annual turnover of the business needs to be at least AUD 500,000 in these years.
- The business or personal assets should be worth more than AUD 1.25 million for you and your partner which you will use to establish a business in Australia. The assets should belong to both of you legally and can be transferred to Australia in the last two years from the date of issue.
- Selected applicants will get their business innovation stream visa (subclass 188A) for five years.
When you have an established business in Australia, then your five years visa with Subclass 188 A will change to business innovation and investment visa (subclass 888A), a permanent residency visa. To get this visa, you have to prove the eligibility criteria meet your business, annual turnover, and financial assets. Investors can also extend to Subclass 188 A when they managed to show their intention and ability to have managed business activities in Australia.
Entrepreneur Visa Stream
Investor Visa Stream
- Invest at least AUD 1.5 million in Australian state or territory. Also, make sure the business needs to be well-maintained and active
- Needs to be nominated by state or territory government
- Needs to have more than three years of work experience with a track of having the profit-making business and having entrepreneur skills.
- The net value of personal assets and business needs to be at least AUD 2.25 million. The assets must lawfully belong to you and have to be transferred to Australia within the last two years of the visa grant.
Significant Investor Visa
Conclusion – This is more like a dream to work here in Australia. Being a business owner or investor you will get your dream come true by making the prior investments. You can check the category and apply for the same or if required the professional help then the Education embassy is a leading migration agents in Brisbane, Australia. We helped many businesses to get their business setup and hence get the pathway to PR if you are seeking the same then can contact us today and one of a team of experts will contact you and resolve your queries if any. So, ask for professional help today.