|All similar to many Countries. A new Australian Entrepreneur visa is open for applications as follows:
This visa has been established for entrepreneurs with innovative ideas and financial backing from a third party.
the new visa allows entrepreneurs with $200,000 funding or more as an innovative idea from an approved third party to develop and commercialise the idea in Australia.
To be eligible for the Business Innovation and Investment (Provisional) visa (subclass 188), Entrepreneur Stream, Applicants must:
be under 55 years of age, although a state or territory can waive this requirement if your proposed complying entrepreneur activity will be of exceptional economic benefit to the nominating state or territory
have competent English and be able to provide evidence of this at the time you are invited to apply for the visa
be undertaking or proposing to undertake a complying entrepreneur activity in Australia and have a genuine intention to continue this activity
nominated by a state or territory government
The Sub-Clause 132 visa below also provides a pathway to permanent residency in Australia especially with the additional funding as shown from the Partnership i.e. AUD$1,000,000 Venture Capital Funds.
The 188 Visa Above is Available by the Partnership but May Not be Suitable for Age
The 132 Visa Below is a Recommended Australian Visa with Partnership’s Assistance.