Business Entrepreneur Visa 188E
The Business Entrepreneur Visa (subclass 188E) is a provisional visa designed for entrepreneurs who wish to engage in entrepreneurial activities in Australia. This visa allows you to stay in Australia for up to four years and three months. After meeting specific criteria and continuing your business activities, this visa can be transitioned into a permanent visa.
Highlights
- Expression of Interest (EOI): You must submit an EOI before applying for the visa.
- Nomination Requirement: A nomination from an Australian State or Territory is required before you can receive an invitation to apply for the visa.
- Age Limit: This visa is available to individuals aged 55 or older.
- Genuine Entrepreneurial Activity: You must demonstrate a genuine intention to continue your entrepreneurial activities in Australia.
- Funding Agreement: A lawful funding agreement of at least AUD 200,000 is required.
- Nomination Sources: Nominations can be made by the Commonwealth Government Agency, State or Territory Government, Public Funded Research Organisation, Higher Education Provider, or an Australian Venture Capital Limited Partnership.
- Clean Visa History: You must have no history of unlawful activities in Australia.
- English Proficiency: A functional level of English language skills is required.
- Health and Character: You must meet health and character requirements as per Australian government standards.
- Australian Values Statement: If you are under 18 years old, you must sign an Australian Values Statement.
- Debt-Free: You must not have any outstanding debts to the Australian Government.
- Clean Visa History: No previous visa cancellations or refusals.
Key Eligibility Requirements
- Submit an Expression of Interest (EOI): This is the first step in applying for the Business Entrepreneur Visa.
- Prepare Documents: Gather necessary documents including proof of identity, health and character, investment, and family details.
- Online Application: Apply online through ImmiAccount.
- Check Updates: Keep track of any status updates, health exams, biometrics, and other necessary information for your application.
- Visa Decision: Once the authorities review your application, they will notify you with the visa grant details, including the grant number and start date.
If you’re considering applying for the Business Entrepreneur Visa (subclass 188E), Upright Migration Consultants can guide you through the entire process. Our expert team will ensure that all documentation and requirements are fulfilled for a smooth visa application process. Let us help you take the next step toward your entrepreneurial journey in Australia.