Australia Business Innovation and Investment (Provisional) visa (subclass 188)

The Business Innovation and Investment (Provisional) visa (subclass 188) is a temporary visa category for business owners, investors, and entrepreneurs who want to invest and operate a business in Australia.

Eligibility Criteria for Business Innovation and Investment (Provisional) visa (subclass 188):

Age: You must be under the age of 55 at the time of application, unless your proposed business activity will be of exceptional economic benefit to Australia.
Business Background: You must have a successful record of owning and operating a business or have a minimum of AUD 1.5 million in eligible investments.
Business Plan: You must have a comprehensive business plan that outlines your proposed business activities in Australia and demonstrates the potential to create jobs, innovation, and growth.
English Language Proficiency: You must demonstrate English language proficiency by taking an approved English language test such as IELTS, TOEFL, or PTE. The required score varies depending on the visa stream.
Health and Character Requirements: You must meet the health and character requirements set by the Australian government.
Points Test: You must score at least 65 points on the Australian immigration points test. Points are awarded based on factors such as age, business experience, business plan, English language proficiency, and other relevant criteria.
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If you meet the eligibility criteria, you can apply for the Business Innovation and Investment (Provisional) visa (subclass 188) through the Department of Home Affairs. The visa application requires documentation to prove that you have the required business experience and funds, have a comprehensive business plan, and meet other eligibility requirements.

The Business Innovation and Investment (Provisional) visa (subclass 188) is a great option for business owners, investors, and entrepreneurs who want to invest and operate a business in Australia. The visa allows holders to live and work in Australia for up to four years, depending on the visa stream selected, as well as access to Australian healthcare and education systems.

For more information please contact us at Ever Aspire Consulting on +918657454590 or +919321784649

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