Visa 188A – Business Innovation Stream Applicants – Extending Your Stay in Australia
The 188 visa is a state nominated four-year provisional visa. This is a pathway to permanent residency. This visa is for overseas business owners and investors. It allows the applicants to own and manage a new existing business in Australia. You will have to be nominated by the state or territory government or Australian agency to be eligible to apply. When it comes to the 188 visa there are several different streams, each with individual specific requirements regarding the applicant’s personal assets, business assets, annual turnover, minimum investment amounts in Australia, staying period in Australia, and more. Choice of four streams You have a choice of four streams for this visa · Innovation: This is for those interested in owning and managing a new or existing business. · Investors This is for the investors and the business owners looking to invest. · Significant investor This is for those interested in making a significant complying investment in Aust