Medium of Instruction Approved List 02 Jul, 2024 - BY Admin
What are the Documents Required for Business Visa Australia?

Do you wish to become a global entrepreneur? Do you have foreign investment plans for your business? If yes, then business visa Australia is waiting for you. The business visa Australia is the perfect pathway for high-net entrepreneurs to start a new business or manage the existing one while obtaining a permanent residency to the country.  There are a number of visa categories available for aspiring investors who wish to contribute to the growth and development of the country.

Types of visa schemes in the Australia business stream are defined as follows:

  • Business Talent (Permanent) Subclass 132 Visa
  • Business Innovation and Investment (Provisional) Subclass 188 Visa
  • Business Innovation and Investment (Permanent) Subclass 888 Visa
  • Business Owner-subclass 890 Visa
  • Investor subclass 891
  • State/Territory Sponsored Business Owner subclass 892 Visa
  • State/Territory Sponsored Business Investor subclass 893 Visa

Talking about subclass 188, it’s a temporary visa that lets business investors to either conduct a new business or run an existing one in Australia for the period of four years. The visa holder is required to produce sufficient evidence in favor of investment activities done for the specific time period before obtaining the Australia permanent residency status.