Business Talent Visa – Entrepreneur Stream Subclass 188

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    Entrepreneur Stream Subclass 188 (Provisional)

    This visa is for start-up and early-stage entrepreneurs who have been endorsed and nominated by a State or Territory Government to develop their concepts.

    The entrepreneurial activity must relate to an innovative idea that is proposed to lead to the commercialisation of a new or improved product or service or the development of a new enterprise of business. This visa is not for individuals seeking to establish a regular business. Innovation is also about improving ways of doing things.

     

    WHO IS ELIGIBLE FOR THIS VISA?

    You must submit an Expression of Interest (EOI). If an Australian State or Territory government agency accepts your EOI and nominates you, you will be invited to apply for this visa.

    You must undertake, or propose to undertake, a complying entrepreneur activity in Australia. A complying entrepreneur activity must relate to an innovative idea that will lead to:

    • the commercialisation of a product or service in Australia, or
    • the development of an enterprise or business in Australia

    This activity must not relate to any of the following categories:

    • residential real estate
    • labour hire
    • purchase of an existing enterprise or a franchise in Australia.

    You must be endorsed by a nominating State or Territory government agency to develop your entrepreneurial concepts.

    One or more legally binding agreements to receive funding worth at least AUD 200,000 from any of the following entities:

    • Publicly Funded Research or innovation Organisation
    • State or Territory Government
    • Commonwealth Government Agency
    • Registered investor with Early State Venture Capital Limited Partnership or an Australian Venture Capital Limited Partnership
    • High Education Provider

    An agreement must show at least 10% of funding must be payable to the entrepreneurial entity within 12 months of activity undertaken in Australia;

    • You must own at least 30% of interest in the entrepreneurial entity at the time of entering into the agreement;
    • A business plan for the entrepreneurial activity, explaining how the proposed business will lead to the commercialization of a product or service in Australia or the creation of an enterprise or business in Australia.
    • This is a 5-year visa Provisional Visa, from which you can apply for PR.

    What Does This Visa Let You Do?

    Business Visas are complex. Please contact our team of registered migration experts for immediate advice and assistance.


    Frequently asked questions

    • Resident Return Visas – What are my Options?

      Living in Australia for at least two years (can be accumulative) in the last 5 years prior to lodging your visa you will automatically be granted a new 5 -year Permanent Residence Visa.

      If you have spent less than 2 years in Australia, then you may be eligible for a one-year RRV. You would need to present ties you have to Australia such as employment, investment, family or business ties.

      Speak to us how best to present your RRV application and what to do in the lag time between lodgement and assessment.

    • Can I apply for a Bridging visa?

      No, generally not.

      A bridging visa is granted automatically if an applicant has applied for a visa from a substantive visa and the visa which they have applied from expires but the new one they have applied for has not yet been granted. To keep someone lawfully in Australia while the new visa application is being assessed, that person automatically goes onto a Bridging visa A.

      If they want to travel outside of Australia while their visa is being assessed, then they need to apply for a Bridging visa B. At all times, a visa holder must avoid being in Australia without a valid visa or a Bridging visa. People who are unlawfully in Australia are placed on a Bridging visa E which requires them to depart Australia immediately. This usually carries a three-year restriction on any temporary visa that allows re-entry into Australia.

    • Where can I see my current visa status?

      As a visa holder, you can use VEVO to check your current visa details and conditions.

    Client Story

    partner sponsorship

    RAINER & JUAN

    Juan applied for a Spouse Visa (Provisional 309) in March 2011 and got her Permanent Visa (Subclass 100) in August 2012.

    She is currently living in Sydney and works at Kairos International Pty Ltd, as a Software Support Assistant.

    I met my husband, Rainer, an Australian of Norwegian background, and an IT Technician, in Jan 2008 and we got married in China in Jan 2010. At that time, I was working in Nanjing, China and my husband was working in Sydney, Australia. We had to live separately even after we got married, which was very grievous for a recently married couple.

    Why AustraliaMigrate?

    “AustraliaMigrate Pty Ltd has been helping people around the world successfully apply for Australian visas for over 20 years.
    Our professional specialists are highly experienced in the migration environment.”

    We guide individuals and businesses through the complex migration process to Australia. With long years of industry experience, our immigration specialists have built a reputation of providing accessible, accurate and genuine advice to our esteemed clients.

    Our specialists assist in preparing and reviewing your documents and forms before submitting for successful approval. We strive to make the whole immigration process hassle-free for you.

    We have a very high success rate of visa approval and a solid reputation resulting in a large amount of repeat business. We provide immigration services to individuals, families and companies, whether they are small or public companies and in any industry.

    Immigration is the only thing we do so we are highly specialized in it.

    What our clients have to say about us

    B. SISSING

    Thank you Ian. Fabulous news. Thanks to you and your team’s effort and work. Great service.

    C. DAVIES

    Thank you SO so much for all of your patience and work on this. Still hasn’t sunk in yet that I’m actually free! Once again, massive thanks to both you and Mariola!!

    CAMILA & CHRISTIAN

    Thanks so much for this excellent news. I’m impressed how fast and smooth it all went, which is a result of excellence in services. Thanks so much for all the attention.

    M. MOBIN

    Thank you Ian ,I highly appreciate your kind efforts. Its a big day for me and my family and you make it possible. May you live long with health, wealth and peace.

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