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Business visa Australia will allow the applicants to stay in the country and run a business. It is a temporary visa. Any individual can get a business visa provided they are under 55 years of age and has sufficient funds to show as a proof of financial stability. With a business visa you can run and establish your own business as well as travel to and from the country. the applicant also become eligible to be an Australian citizen.

Australian business and innovation stream visa sub class 188 has four streams. These types can help in taking your family or dependents along with you to Australia. The visa will allow the use of Medicare services while staying in the country for up to 5 years.

The Australian Business visa has many benefits. These will allow you to not have to live the country for the entire duration of your visa. You will be able to travel multiple times from the country to manage your business. The visa will give you the opportunity to apply for a PR in Australia. You will be able to expand your business in the country manifold. Staying with family members is of great emotional significance for any individual. With this visa, you can bring in the additional family members into the country.

Business Innovation stream 188A

There are a few general requirements to be fulfilled to get a188a visa. These are:

• The applicant should be running an ongoing business successfully or be a part of it. Also, the person applying should not be more than 55 years.
• Net assets of the applicant and the partners should be at least AUD1.25 million.
• The business should have achieved a turnover of AUD 750,000. This should be at least for a period of 2 years.
• Applicant has to be sponsored by a state or a territory in Australia.
• The points test has to be met. Visa applicants should be able to secure at least 65 points in this test.
• Australian state or territories usually have some additional requirements as per the department of immigration. You have to meet all these requirements.
• If an applicant is above 55 years of age but, is able to demonstrate that he can provide an economic benefit to Australia that is exceptional, then he can apply for a business visa.

Australia Business Talent Subclass 132 Visa

Requirements or this subclass are:

• Firstly, you will need to have an invite to apply for this visa.
• An Australian territory or state should have nominated you to be able to apply for this visa.
• The applicant should be able to demonstrate exceptional business skills and experience.
• You must have a viable business proposal that benefits Australia.
• Your age should not be more than 55 years.
• Applicant must be having assets (business and personal) worth AUD 1.5 million.
• You have to submit an expression of interest statement.
• The business turnover should be around AUD 3 million. 

Temporary Activity Visa (Subclass 408)

 Some of the visa requirements are:

• An approved sponsor is required for this visa.
• Your stay period should not be greater than 3 months if you are applying from outside the country.
• You should be having enough financial resources to support your stay in the country.
• A health insurance cover is advisable for yourself and your family.
• You should obtain a clearance certificate to support that you do not have any criminal record. 
• Proof of financial stability will have to be produced. These can be bank statements or employer’s agreement.
• You must have the basic knowledge of the language. English Proficiency test scores to demonstrate the language efficiency will depend upon the type of test you appear in.

Business Innovation stream 188A

This is for those who are currently running an ongoing business. 188a is considered as one of the most popular visa streams. Some important points to be noted about this visa are as follows:

• The primary applicant can also include the family members in the visa application.
• For this visa there is no language requirement. If you do not know the language, you need to pay an additional amount and fulfil this requirement. The additional fee may vary. For a primary applicant the fee is AUD 9,795 and for secondly applicants the fee is AUD 4,890. .
• Business owners find this visa particularly interesting as they are familiar with the concept of running the business. Age requirements of this visa are pretty flexible. The applicant just needs to be under the age of 55 years to apply for this visa.
• Australian Schools and colleges have excellent educational standards. Children of business visa holders can study and get education in Australia. The dependent children should be below 23 years of age.
• Experienced business owners in Australia can stay for up to 5 years with this visa. During this period of time they can either start a new business or manage an existing one.
• One important piece of information to know here is that if the person applying is older than 55 years then they can be exempted from the age criteria. They need to show substantial evidence that their business is going to be economically beneficial to the country in an exceptional manner

Australia Business Talent Subclass 132 Visa

This visa allows you permanent residency. But, you will need an invite to obtain this visa. It is for people having a very high net worth. The applicants of this visa must be below 55 years. They get this visa only if they are able to prove that they can provide an economic advantage to the country. Applicants of this visa aim to set up their business and then settle in one of the cities in Australia.

This visa has two subcategories:

• Venture Capital Entrepreneur Stream: For well established owners who will hold a key management role in the upcoming business.
• Significant Business History stream: For those who have at least 1 million funds given by the Australian venture capitalist group.

The applicants must show that they are highly motivated to run a business in Australia.

This visa allows the applicant to:

• Stay in Australia indefinitely.
• Apply for a citizenship.
• Register for government medical insurance.
• Sponsor their family members for PR.

Temporary Activity Visa (Subclass 408)

The maximum validity period for this visa is 4 years and the minimum is 2 months. It is used by individuals who want to engage in short term employment and other activities. These may be sports or any other type of events. The event host or an Australian business/ firm will have to sponsor the applicant. Temporary activity visa holders can engage in:

• Special programs to improve international relations.
• Sports activities and training.
• Gain a role in entertainment industry.
• Participate in cultural events.
• Do academic research.
• Work in skilled positions.
• Work in a religious organization/foundation.

With this visa, you can bring in your family members into the country. Not only this, you can also take multiple trips to and from the country.

The duration of the Temporary Activity Visa is based on the type of activity:

• For a participant who is invited for Australian Government Endorsed activities, the visa can be up to 4 years.
• In case of other types of activities, the visa is for up to 2 years.

The processing times will largely vary depending upon the type of business visa stream.  It may take more time for the visa to process if you have not submitted all of your documents or responded to the requests from the department. If you have done all the visa application work correctly then it takes around 4 weeks.

The first step is to get a nomination from a state or territory in Australia. There are a certain criteria that will need to be fulfilled for a state nomination. Our immigration agents will guide you regarding this and help you in preparing the required documents. Usually, these requirements depend upon the business visa stream as well your special circumstances.

1. Once all the initial preparation is complete, you will then use the Business migration portal to fill the application form online. Make sure all the supporting documentation is attached where ever required in the application form.
2. Then you submit the application, the department will process your application and assess if you qualify for a nomination. The processing time is usually1-2 months.
3. After you are nominated by the state or the territory in Australia, you can then start the visa filing process. Our team member will help in the visa application process.

The necessary documentation required are as follows:

• Copy of your passport (old passport is also required)
• National identity card
• Bank statements (to shoe the bank balance)
• IT Returns of previous two years.
• Proof of the business visit etc.

Our team at immigration buddy continuously strives for getting 100% results for our clients. We have qualified professionals who deal with all kinds of visa cases. Our certified agents come are aware about the changing immigration policies.  We ensure that all our team members work in the favour of our clients requirements. Our agents understand the uniqueness of each immigration case. To make your business visa process faster and to keep yourselves stress free as you navigate through it, contact us now!

Conclusion

Getting a business visa in Australia can open up new avenues for your growth. Australia is a multicultural society and very inviting migrants from all over the world. Not only this, this country will provide as a perfect place to expand your business. Understanding the commercial rules and regulations of the country may take some time. But, once you are established, your business will grow manifolds and you can settle in the country.