VISA 188E AUSTRALIA: ENTREPRENEUR STREAM

The Visa 188E Australia (Business Innovation and Investment (Provisional) visa – (subclass 188) – Entrepreneur stream) is designed for startup entrepreneurs, allowing them to commercialize a product, service, or develop a business in Australia.

Key Advantages

• Simplified Requirements: No need for substantial investment capital, financial proof, business management experience, or immigration points.

• Low Visa Fee: Compared to other investment visas, the 188E visa fee may be lower.

Benefits

• Temporary Residency: Stay in Australia for 5 years.

• Family Sponsorship: Ability to sponsor eligible family members.

• Work and Education: Family members can work and study in Australia; free English language program available.

• Travel: Freedom to enter and exit Australia.

• Permanent Residency: Ability to apply for visa 888E to settle permanently after 2 years if conditions are met.

Visa 188E Requirements

• Nomination: Nominated by an Australian state or territory.

• Age: Under 55 years old at the time of application.

• Business Idea: Propose and plan to implement a commercialized product/service or develop a business in Australia.

• Sponsorship: Support from government-recognized organizations.

• English: IELTS minimum score of 6.0 or equivalent.

• Health and Character: Meet Australian government health and character requirements.

Visa Application Process

• Assess Requirements: Evaluate eligibility and prepare documentation.

• Submit EOI: Submit Expression of Interest (EOI).

• Receive Invitation: State/territory sends an invitation to apply.

• Submit Application and Fee: Submit the visa application and fee.

• Additional Documents: Provide additional documents if requested.

• Visa Grant: Australian government grants Visa 188E.

Visa Application Documents

• Personal Documents: Passport, ID card, birth certificate, marriage certificate.

• Business Documents: Proof of business investment, business plan, ownership rights.

• English: IELTS certificate or equivalent.

• Health and Character: Proof of meeting health and character requirements.

• Family Documents: Personal documents and proof of relationships.

Obligations

• Maintain Ownership: Ensure holding at least 30% of the business shares.

• Meet Visa 888E Conditions: Fulfill 888E visa requirements to transition to permanent residency.

Visa 188E offers startup entrepreneurs many advantages, helping you to realize and grow your business ideas in Australia.

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