This visa is a Provisional or Temporary visa for the applicants who want to establish a new or develop an already existing business in Australia by investing specific or designated amount of money with the Australian territory or state government. Business Innovation and Investment visa (Subclass 188) separated into two stages – first provisional and then permanent. The visa is divided into five streams:
Each stream requires various investment levels and different levels of experience and offer different benefits. All the investors must be nominated by an Australian state, territory, or the Australian Trade Commission (Austrade), depending on their application category.
The Business Innovation and Investment (Permanent) visa (Subclass 888) is the next stage of Business Innovation and Investment visa (subclass 188).
Once all the requirements for Business Innovation and Investment visa (subclass 188) are fulfilled, you can apply for this visa without submitting expression of interest.
AusPak Global Services specializes in providing Business Immigration Services. We have a strong team of Business Immigration Specialists who offer reliable assistance to people across the globe. If you have planned to start or develop your business in Australia, then visa subclass 188 is the best option for you to apply through. Let’s make a success story with us.