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Home Move to Australia

Business Innovation (Provisional) Visa (subclass 188)

AUSTRALIAN VISAS | Eligibility and requirements for Australian Business Innovation (Provisional) Visa (subclass 188) explained.

Australian Times by Australian Times
03-05-2013 07:48
in Move to Australia

Please see the basic requirements for a Business visa on the overview page.

The requirements for this visa are:

  • You must be nominated by a state government or territory
  • You must be less than 55 years old
  • You must have assets with a net value of a least A$800,000
  • Your business must have an annual turnover of at least A$500,000 in two of the previous four years
  • You must own at least:
    • 51% of your business if its annual turnover is less than A$400,000
    • 30% of your business if its turnover is A$400,000 or more
    • 10% where the business is a publicly listed company
  • You must have a successful business background
  • You must commit to maintaining an ownership interest in your company and a direct and continuous involvement in its management
  • You must live in Australia
  • You must meet the relevant health and character requirements
  • You must achieve 65 or more points in the applicable points test (based on Age, English language ability, Qualifications, Experience in investment, Net personal and business assets, Business turnover, Innovation)

Other Australian visa types:

Australian Skilled Migration Visas

Australian Business Visas

Australian Employer-sponsored Visas

Australian Investor Retirement Visa

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Tags: AustraliaAustralian Business visasAustralian visasbusinessBusiness visasimmigrate to Australiaimmigrationliving in Australiamigrate to Australiamoving to Australiavisas
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