At Key Migration and Visa Services we provide a full-service case management for business visa applicants. We ensure our clients have complete and accurate financial statements, asset valuations and tax returns, precise points calculation and complete documentation for the state nomination. We also ensure the client is well informed on the requirements for the Permanent Residency stage and steps they need to take to achieve that.
There are different business and investor visa types, with each having certain criteria that needs to be met in order to be eligible for the visa. One common requirement among all the Business visa is that the applicant needs to be nominated by a state or territory and invited to apply. Below is the snap shot of the most popular business visas and the eligibility criteria:
This is a Permanent visa and is subject to monitoring. For more detailed information about 132 visa here: Link 1
This is a 4 years Provisional Visa leading to 888 Permanent Visa. For more detailed information about 188 visa- Business Innovation here: Link 2
This is a 4 years Provisional Visa leading to 888 Permanent Visa.
For more detailed information about 188 visa- Business Investment here: Link 3
The business and investment migration programmes are aimed for individuals who are seeking to establish and manage or invest in a business, or to innovate a product or service for commercialisation in Australia.
Both temporary and permanent visa options are available under this programme, with both requiring you to be nominated by a State or Territory Government and receive an invitation to apply for the visa before proceeding with your application. This is facilitated though the Expression of Interest (EOI) process, which you must submit to the Department as a first step, together with an application for nomination to the relevant State or Territory Government authority whom you are seeking to nominate you.
Business innovation and Investment (Provisional) subclass 188 visa - A temporary residence visa which allows you to reside in Australia for a period of up to 4 years and 3 months, with options to extend the visa term, depending on the visa stream for which you apply. This visa provides a pathway to permanent residence via the Business Innovation and Investment (Permanent) subclass 888 visas once you have held the temporary visa for between 1-4 years, provided specified requirements are met.
For the point tested visas, you need to pass the points test in order to qualify. Under this test, you will be allocated a score based on such factors as your age, qualifications, the financial value of your assets (combined with your partner) and business turnover.
Alternatively, you may be eligible to apply for a Business Talent (Permanent) subclass 132 visa, a permanent residence visa allowing you to remain indefinitely in Australia. It comprises of 2 visa streams and requires you to demonstrate that you have the minimum required assets and turnover, or that you have secured a specified minimum amount of venture capital funding, to operate a new or existing business in Australia.
You can also apply to have eligible family members accompany you to Australia as visa dependents. They will need to meet visa grant requirements including health and character criteria.
Both visa subclasses also allow you and dependent visa holders to enter and depart Australia without restriction over the visa period.