Australian Business Visa (subclass 188) addresses specific needs and requirements of the immigrant business community. It goes beyond the usual immigration guidelines and makes provisions on a smoother business establishment that includes SEZs ‘special economic zones’, benefits on Tax, trade benefits and special packages.

1. Australia Immigration for Entrepreneurs
One good aspect of ‘globalization’ is that the opportunities are now omnipresent and
available to all. The limitations on geography have been withdrawn and eligible
entrepreneurs are given a fair chance to make any nation their land of work.
Australia immigration for Entrepreneurs makes provisions for the new age
business-minds to pursue their dreams on this land of opportunities.
The Department of Immigration and Citizenship makes a mention of the subclass
188 which is also known as Australian Business Visa (subclass 188). The good thing
with the subclass is that it addresses specific needs and requirements of the business
community. It goes beyond the usual immigration guidelines and makes provisions
on a smoother business establishment that includes SEZs ‘special economic zones’,
benefits on Tax, trade benefits and special packages.
Australian Business Visa (subclass 188) makes a classification of the visa
under three heads:
• The Business Innovation stream is specifically aimed for those who wish to
start a new business entity or acquire an existing business in Australia.
• The Investor stream makes a call to all those investors across the globe who
already have a ready possession of AUD 1.5million and seek an investment
opportunity in any of the Australian state or territory, with a purpose to carry
on with the investment after it has matured
• The Significant investor stream makes special provisions for all those who
already have a ready possession of AUD 5million and seek an investment
opportunity in any of the Australian state or territory, with a purpose to carry
on with the investment after it has matured
The entrepreneurs are therefore given an entire spectrum to selectively place their
investment. The immigration policy on Australia Immigration for Entrepreneurs
very clearly spells out the objective as economic viability remains the guiding force to
all investment or business decisions. The intention is to allow both i.e. the
entrepreneur and Australia benefit from the immigration.
The policy guidelines further necessitate that the entrepreneur must also score a
minimum of 65 points on Skillselect with the investment criteria. The investment
should result in significant job creation for the local population directly and on
continuum. Also, the investment should be carried on even after the maturity. On the
documentation part, the entrepreneur is supposed to show papers that validate the

2. source of his income or investment. The money should have been legally acquired
and complies well with the taxation part.
On the procedural part, the Business Entrepreneur is required to first place an
EOI ‘Expression of Interest’ on the Skillselect. The EOI should accompany relevant
details on education, experience and funds. The entrepreneur is required to show a
prior experience of handling the business of the same nature and volume. The
application must also mention about the State government nomination or
sponsorship to pursue any business interests at a particular region or state.
Subsequent to the submission of EOI, Skillselect reviews the application and based
on the points score / merit list, in invitation is sent to the entrepreneur for a possible
immigration.