Updated Victoria’s Business Innovation stream (subclass 188A) visa

Now, you can start apply for this visa program for 2021-2022.

If you have this visa, you can stay at Australia up to 5 years. After three years have passed since you have this visa, you can apply for PR.

Here are requirements for this visa, you must…

  • Be under 55 years old.
  • Have vocational English (equivalent to IELTS5.0)
  • Have a STEMM qualification or an MBA or relevant business history in a target sector
  • Have an innovative business proposal
  • Have scored at least 65points
  • Be committed to meet the requirements for permanent residence
  • Meet the Department of Home Affairs requirements including minimum financial requirements

For more information, visit here.

In one of the requirements, it says you must have an INNOVATIVE business proposal. This is tricky and difficult. In this proposal, you will be required to show your business will contribute to innovation in Victorian economy through innovative products or process in a target sector (Health, medical research and life science / Digital / Agri-food / Advanced manufacturing / New energy, emissions reduction and circular economy). If your proposal and business isn’t regarded as innovative, your application would be refused even though you meet other requirements. The government is valuing this proposal.

AMS is an experienced migrant agent specializing in visa processing and migration to Australia including business migrant. Since 2005, we have coped with many difficult cases and led them to be successful. We are happy to help you writing your innovative business proposals and get visa grants. For more information, visit our website and book a consultation.