This Residence visa is the permanent stage of the Business Innovation and Investment Visa Subclass 188. There are two streams under this visa option:
Business Innovation Stream: This stream needs you to have an established business in Australia which meets turnover and asset requirements.
Investor Stream: You must have held an investment in Australian bonds for 4 years.
Place Of Visa Application
You can be in or outside of Australia while lodging the visa application. You must hold a Provisional Business Innovation and Investment Visa Subclass 188 in most of the cases. In general, the primary visa holder for visa subclass 188 must be the primary applicant of visa subclass 888, rather than the partner or spouse.
There would be an exception for the cases of separation or death of the primary applicant.
You have to lodge your visa application online.
This visa is only available to the people who have the nomination from an Australian State/Territory government.
Business Innovation Stream Criteria
You should need the following if applying through this option:
Investor Stream Criteria
This option requires you to hold an Investment Stream Provisional Visa Subclass 188, and meet the below criteria:
Contact us or mail us at email@example.com for more information on Business Migration Visas.
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