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BUSINESS INNOVATION AND INVESTMENT VISA
- Business Innovation Stream.
- Investor Stream.
- Significant Investor Stream.
- Premium Investor Stream.
- Entrepreneur stream.
COMMON CRITERIA APPLICABLE ON ALL STREAMS
- Each stream requires the applicant to achieve 65 points under points tested criteria. Please contact Brilliant Migration Club to help you calculate your points.
- You must be under 55 years of age. In some cases, the sponsoring state may accept the application for applicants over 55 years if the business plan is considered as an exceptional business that could benefit the sponsoring state.
- All funds and/or assets to be used in support of the application are lawfully acquired, earned by the applicant and the sources of funds can be proven.
- The applicant or his/her spouse do not have any adverse business history e.g not declared bankruptcy in the last five years or bearing heavy losses in recent years.
Assessment of your Eligibility under suitable stream of Subclass -188
Expression of Interest:
Every applicant has to apply for Expression of Interest (EOI) to respective selected state. Brilliant Migration Club can help you prepare your Expression of Interest application to apply to the relevant state or territory. This would include completing all your documentation including a business plan to submit to the relevant authority.
Final Visa Application
Applicants are eligible to apply for final Visa application after the Expression of Interest Application is approved from relevant state and territory. Brilliant Migration Club would help you complete the requirements pertinent to this stage. Applicants are allowed to settle in Australia after grant of the relevant Visa.
FACTS ABOUT MOST POPULAR VISA“BUSINESS INNOVATION STREAM”
|wdt_ID||CRITERIA||BUSINESS INNOVATION STREAM|
ELIGIBILITY REQUIREMENTS FROMTEMPORARY RESIDENCY TO PERMANENT RESIDENCY:
Anyone who arrives in Australia on Subclass-188 should meet certain requirements to achieve Permanent Residency in Australia. Your Visa maybe converted to Subclass-888, which is a permanent residency Visa. You have to fulfil specific criteria to convert to Subclass-888. Some minimum and basic criteria is given below. Please contact Brilliant Migration Club to know more details.
REQUIREMENTS TO APPLYSUBCLASS-888
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MEETING ANY ONE OF THE SCENARIO BELOW
In addition to above “Requirements to apply Subclass-888”, the applicants must meet one of the following scenarios to be eligible to apply for SC-888.
|wdt_ID||APPLICABILITY OF MINIMUM ASSET, EMPLOYEE AND TURNOVER REQUIREMENT||SCENARIO 1||SCENARIO 2||SCENARIO 3|