Business Visas
The Business Innovation and Investment Visa (subclass 188/888) is a popular visa option for individuals looking to invest or start a business in Australia. This visa is a two-stage process, with the initial subclass 188 visa allowing the holder to stay in Australia for up to five years, after which they may be eligible to apply for the subclass 888 visa, which provides permanent residency.
The subclass 188 visa has the following streams:
- Business Innovation stream: For individuals with business skills who want to establish, develop, or manage a new or existing business in Australia.
- Investor stream: For individuals who are willing to make a a complying significant investment of at least AUD2.5 million in an Australian state or territory and maintain business and investment activity in Australia.
- Significant Investor stream: For individuals who are willing to invest at least AUD 5 million in a complying significant investment.
- Entrepreneur stream: For individuals who have an undertaking or propose to undertake a complying entrepreneur activity in Australia and have a genuine intention to undertake, and continue to undertake, the complying entrepreneur activity, and must also have been nominated by a State or Territory government agency to develop their concepts.
To be eligible for the subclass 188 visa, applicants must meet certain criteria, including having a successful business career, having a minimum level of assets, and being able to demonstrate the ability to invest or start a business in Australia.
After holding the subclass 188 visa for at least two years, applicants may be eligible to apply for the subclass 888 visa, which provides permanent residency in Australia. To be eligible for the subclass 888 visa, applicants must meet certain criteria, including having held the subclass 188 visa for a minimum of two years, having met the business or investment requirements, and having lived in Australia for a certain period of time.
Navigating the subclass 188/888 visa process can be complex, and it’s important to seek the guidance of a registered migration agent to ensure that your application is properly prepared and submitted. Our migration agency has extensive experience in helping individuals obtain subclass 188/888 visas, and we can provide you with the guidance and support you need to achieve your business and investment goals in Australia.
Our team of expert migration agents understands the complexities of the subclass 188/888 visa process and can provide you with a comprehensive visa strategy tailored to your individual circumstances. We will work with you every step of the way to ensure that your application is properly prepared and submitted, giving you the best chance of success.
Whether you’re looking to establish, develop, or manage a new or existing business in Australia, our team of experienced migration agents can help you navigate the subclass 188/888 visa process. We can guide you through the criteria and eligibility requirements for each of the five streams available under the subclass 188 visa, as well as the criteria for obtaining permanent residency through the subclass 888 visa.
At our migration agency, we pride ourselves on delivering high-quality migration services with a focus on customer satisfaction. We understand that applying for a visa can be a stressful and daunting process, and we strive to make it as smooth and stress-free as possible. Our friendly and knowledgeable migration agents are here to answer any questions you may have and provide you with the support you need throughout the entire visa application process.
So, if you’re looking to invest or start a business in Australia and need assistance with the subclass 188/888 visa process, look no further than our migration agency. Contact us today to schedule a consultation and take the first step towards achieving your business and investment goals in Australia.