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