Australia Business Innovation & Investment Permanent
Visa Subclass 188 is for the investors and business owners who want to
establish a business operation in Australia. The validity of the visa is for 4
years.
Conditions
This is a temporary visa valid for 4 year. After
maintaining an investment in Australia for a period of 4 years or after establishing
the ownership interest in an Australian business, the person can apply for a permanent
residence using a Business Innovation & Investment Permanent Subclass 888
visa.
If the candidate is applied for the Business Innovation
stream, then a 2-year extension can be made once after you have held the
subcategory 188 visa for 3 years, this is giving you a 6 year since the date of
issuing the original visa.
This visa allows the applicant to:
- Own and manage a business in Australia (the Business Innovation stream) continuously
- Maintain continuous business activity and investment activity in Australia (the Investor stream and the Significant Investor stream)
Who
are eligible to apply for the Business Innovation and Investment Visa Subclass 888?
- The applicant who is having a provisional Business Innovation and Investment permanent visa subclass 188
- The candidate who have met the eligibility requirements of that visa in a stream which the person have first applied
- The candidate who are nominated by a state or a territory
An EOI should be submitted before applying for a visa for
Australia Immigration under Business purpose.
What
is EOI?
EOI is Expression of Interest. Nowadays many applying for
many visas require an EOI. The applicant who is planning to Immigrate, need to
send an application mentioning his/her interest for immigration. The EOI
consist of the detailed information about your education qualification, work
experience and other major categories that are required to migrate. This is to
show your ability for Australia Immigration. The total details in EOI will show
and describe your ability for migration.
After sending an EOI, an invitation will be sent by the
officer saying to apply for a visa. Next you need to lodge your application for
a visa. There is along procedure to apply for a visa, as a fresh applicant you
might come across many difficulties, there are authorized agencies to help you
under Visas and Immigration. The MARA authorized agencies are the best to take
advice while applying for a visa.
Nowadays many
fraudulent companies are guiding immigrants which are leading to a disaster. It
is better to apply with an authorized agency which you are planning to get help
from any immigration experts.
Source:http://www.articlesbase.com/international-business-articles/australia-business-innovation-investment-permanent-visa-subclass-888-6673284.html
Source:http://www.articlesbase.com/international-business-articles/australia-business-innovation-investment-permanent-visa-subclass-888-6673284.html
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