Victoria has recently relaxed and updated its policy for Sub Class 188 Business and nvestment (Provisional) Visa. Under the policy, an applicant is granted a provisional visa for 2 years after which she can apply of Permanent Resident Sub Class 888 if the conditions forthe said visa class is met.
To be eligible, there needs to be complaince with state nomination conditions inaddition to this, applicant must
– meet the DIBP eligibility requirements for this visa; and
– have a genuine commitment to remain in Victoria and to engage in ongoing eligible business activity within 23 months of visa activation; and
– agree to have available no less than A$400,000 for business activity in Victoria.
To know more about the visa and its condition, contact us for free 30 minute evaluation.