What is Business/Significant Investment Visa?

This is a type of temporary visa for the period of four years. If you have maintained an investment in Australia for a period of 4 years then you can apply for permanent residence through the Business Innovation & Investment under Subclass 888 visa.

STREAMS INVOLVED IN BUSSINESS INNOVATION AND INVESTMENT VISA:
There is a total of 4 streams connected to the business investment visa Australia under subclass 188, each with its own eligibility conditions.

Business Innovation stream:
This type of stream is related to successful business people who want to establish or a develop a business in Australia.
Investor stream:
For investors who want to invest at least AUD$1.5 million in Australia and also can continue business or investment activities in Australia for a period of at least 2 years.
Significant Investor stream:
For investors who wanted to invest at least AUD$5 million in Australia and also can continue the business or investment activities in Australia after the period of their provisional visa.
Premium Investor stream:
For investors who want to invest at least AUD$15 million into an Australian complying premium institution and continue business or investment activity in Australia after the period of their provisional visa.

WHY IS THE BUSINESS INVESTMENT VISA MORE ATTRACTIVE?

The following points may be the reason why people want to apply for this type of visa:

  • No points test attached to this visa.
  • No upper age limit is here.
  • No English requirement is needed.
  • You just need to Spend 160 days out of four years in Australia to get the Permanent visa.
  • Two years extension is possible if you are unable to fulfill the above-mentioned requirements.

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What this visa lets you do?

By connecting to significant investment visa Australia, you can do the following stuff:

  • Helpful in establishing a new or maintain an already existing business activities or investments in Australia.
  • Helpful to carry out traveling activities in and out of Australia for your entire life.
  • Helpful for your family members in order to bring them in Australia.
  • Helpful in attaining PR i.e. permanent residence in Australia by applying for a by applying for a Business Innovation and Investment Visa which comes under subsection 888.
  • Helpful in developing designated investment with an Australian state or territory government.

For additional information, do get in touch with reliable services of immigration lawyers Perth free consultation.

The State Business/Significant Investment Visa involves following categories like:

  • State Nominated Venture Capital Entrepreneur Visa under subclass 132B.
  • Business Innovation and Investment Visas under subclass 888.
  • Business Innovation and Investment visa under subclass 888 in concern with Business Innovation stream.
  • Business Innovation and Investment Permanent visa under subclass 888 in concern with Investor stream.
  • Business Innovation and Investment visa under subclass 888 in concern with Significant Investor stream.
  • Business Innovation and Investment visa under subclass 888 in concern with Premium Investor and Entrepreneur streams.
    Business Skills visas.
  • State Sponsored Business Owner visa under subclass 892.
  • State Sponsored Investor visa under subclass 893.

To get the glimpse of reliable services of immigration lawyers Perth free consultation, do connect us.

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