Australia Parent Visa

Business Innovation Stream (Subclass 188A) - Business Stream

Business Skills category is for those who has a demonstrated record of business or investment activity who are committed to use their business or investment skill over in Australia.

Benefits

  • Ability to work, live or study in Australia
  • Safe living environment and one of the highest standard of living in the world
  • Ability to bring eligible dependents.
    1. Spouse or de facto partner
    2. Dependent children under 18
    3. Dependent children between 18 -23 years old
  • High Standard education and healthcare system.
  • No English requirement
  • Pathway to Citizenship.
    1. Provisional > Permanent > Citizenship

Requirements

  • An overall successful business career – a genuine and realistic commitment to be involved as an owner of a business in Australia.
  • Owned at least 30% of a business if the turnover is more than AUD$400,000 per annum or 10% for a public listed company
  • Turnover of at least AUD 750,000 any two years of the last four years.
  • Net assets of AUD 1,250,000 both you and your spouse combine
  • Business Points Test: 65 points.

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