July 26, 2021BY Adam Z

A provisional visa for those with business skills who want to establish, develop, and manage a new or existing innovative business in Victoria. Stay: Up to 5 years Stay longer: 3 years after you have this visa, you can apply for permanent residence. Cost: No fee Nomination processing time: 20 business days Who can apply? To be eligible to apply for the Victorian Business Innovation stream (subclass 188A) visa nomination, you must:
  • be under 55 years of age,
  • have vocational English
  • have a STEMM qualification or an MBA or relevant business history in one of the following Target sectors:
    • Health
    • Medical Research
    • Life Sciences
    • Digital
    • Agri-Food
    • Advanced Manufacturing
    • New energy, emissions reduction, and circular economy
  • have an innovative business proposal,
  • have scored at least 65 points,
  • be committed to meet the requirements for permanent residence, and
meet the minimum financial requirements.  

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