Jul 19, 2019 Last Updated 8:41 AM, Jul 8, 2019
Subclass 188A | Business Innovation Stream

Subclass 188A | Business Innov…

Only AUD 200,000 in Queensland business Feature ​​​​This visa is for people wh...

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Subclass 188A | Business Innovation Stream

Only AUD 200,000 in Queensland business

Feature

​​​​This visa is for people who want to own and manage a new or existing business in Australia, or to invest in Australia.​​

Benefit

  • Enjoy free education
  • Fast processing timing
  • No Quota limit
  • Bring family members with you to Australia

Requirement

  • Be under 55 years of age
  • Score at least 65 on the points test
  • For 2 out of the 4 fiscal years immediately before you are invited to apply, have had 50% ownership interest in an established business or businesses
  • At least AUD$500,000 turnover in each of those years
  • Own at least one of the following percentage of your nominated main business:
         > 51%, if the business has a turnover of less than AUD$400,000 per year ; 
         > 30%, if the business has a turnover of AUD$400,000 or more per year ; 
         > 10%, if the business is a publicly listed company.
  • Invest at least **AUD$200,000 into business in Australia
    (**Queensland - Invest AUD$200,000 ; Depends on the requirement for each state ; Please Call 2325-9909. )
  • Meet certain health & character requirements
  • Must be nominated by a state or territory government

Procedure