Business Visa Australia
Business Skills category is for those who has a demonstrated record of business or investment activity who are committed to use their business or investment skill over in Australia.
A genuine and realistic commitment to continue business in Australia.
Business Innovation & (Subclass 188) - Business Stream
Time Frame
5 years – may be eligible to renew the visa for an additional 2 year – may apply for PR (Subclass 888) visa after certain conditions have been met.
Point Test/Other Requirement
Age below 55 years
Point test: 65 points
Assets & Business Turnover
ASSETS: AUD$ 1.250,000,
ANNUAL TURNOVER: AUD$ 750,000
At least two of the four fiscal years.
History & Commitment
– An overall successful business career – a genuine and realistic commitment to be involved as an owner of a business in Australia.
– Owned at least 51% of a business if the turnover is less than AUD$400,000 per annum but above AUD$300,00.
– 30% of a business if the turnover is more than AUD$400,000 per annum.
– 10% if own shares in a publicly listed company.
YOU CAN APPLY FOR BUSINESS INNOVATION AND INVESTMENT
(PERMANENT) SUBCLASS 188 VISA ONLY IF YOU
- Are the main applicant for the Business Innovation and Investment (Provisional) Subclass 188 visa
- Fulfill requirements and demonstrate satisfactory evidence of a specified level of business or investment activity in Australia
