With incredible opportunities to explore, Australia is one of the best destinations for business people seeking newer shores. Australia is a hotbed for talent and its unique location makes it a regional economic powerhouse.
The Australian Business Innovation & Investment Stream (Provisional) visa (subclass 188) allows entrepreneurs to establish or purchase a business in Australia. With the Business Innovation and Investment (Provisional) visa you can own and manage a business in Australia or conduct a business or investment activity entrepreneurial activity in Australia.
If you get a business innovation stream visa in Australia, it is a path to permanent residency that offers incredible benefits to successful applicants.
Following are the benefits of business stream innovation visa in Australia:
-
The right to establish a new or develop an existing business, or to invest in Australia
-
Unlimited travel in and out of Australia
-
Bring family members with you to Australia
-
Opportunity to apply for Australian citizenship
-
The opportunity to apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888)
-
It is also possible to extend your visa for a further two years if you have applied and been granted the Subclass 188 visa under the Business Innovation stream
The Subclass 891 visa is for immigrants who wish to start a business or want to undertake investment activities in Australia. With this visa, you can stay in the country indefinitely. To be eligible as a primary applicant you must have a qualifying visa.