Business Visa - Jassal Consultancy

Subclass 188 - Business Innovation and Investment (Provisional) Visa Stream:

Business Innovation Stream: For individuals with a successful business career looking to establish, develop, or manage a new or existing business in Australia.

Investor Stream: For individuals willing to make a designated investment in an Australian state or territory.

Entrepreneur Stream: For those who have a funding agreement from a third party for at least AUD 200,000 to undertake a complying entrepreneur activity. Significant Investor Stream: Requires a significant investment in complying investments in Australia.

Premium Investor Stream: For those willing to invest at least AUD 15 million in a range of complying premium investments in Australia.

Duration: Initially granted as a provisional visa for up to 4 years.

Conditions: Visa holders must fulfill the requirements of their nominated stream.

Subclass 888 - Business Innovation and Investment (Permanent) Visa:

Application Pathway: Individuals holding a Subclass 188 visa can apply for permanent residency through Subclass 888.

Streams: Mirrors the streams of Subclass 188, with each having specific eligibility criteria.

Duration: Grants permanent residency status.

Conditions: Visa holders must meet the requirements specified under their nominated stream, having fulfilled the provisional visa conditions.

Navigating the 188 and 888 visa pathways requires a comprehensive understanding of business, investment, and entrepreneurial requirements. Applicants often benefit from professional guidance to ensure compliance and maximize the success of their visa applications.