188 VISA - S.J.Migration ServicesS.J.Migration Services

188 VISA

Business Innovation and Investment – subclass 188 (provisional)

This is a state-nominated provisional residence visa for business owners and investors.

You have a choice of four streams:

  • Business Innovation: owners who want to relocate their overseas business or establish a new business in South Australia
  • Business Investment: successful investors or business owners willing to invest a minimum AUD $1,500,000 in South Australia for four years
  • Significant Investor: people willing to benefit South Australia and invest $5 million into a complying investment for four years
  • Entrepreneur - people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialization of a product or service in Australia or the development of a business in Australia.

To apply for this visa you must be state nominated by Immigration SA.

You must meet Immigration SA’s nomination criteria as well as the Department of Home Affairs eligibility criteria.

Department of Home Affairs and State nomination requirements are different for each stream:

Business Innovation

To meet the South Australian nomination requirements you must:

  • Meet the Department of Home Affairs 188 innovation stream criteria
  • Have visited South Australia prior to nomination application. Evidence requirements are listed under 'before you apply'. (Applicants who have not visited SA will be refused State nomination)
  • Intend to live in South Australia
  • Intend to establish a business in South Australia that meets the permanent Department of Home Affairs 888 innovation stream criteria and state nomination requirements. Information on the proposed business in South Australia must be provided (Refer to 888 pages for details on State requirements)
  • Agree to register your arrival in South Australia with Immigration SA and maintain current contact details for the duration of your visa.

Before you apply

You must have ready, information and documents to support your state nomination application and prove the claims you make:

  • If you are applying for 188a Business Innovation Nomination you must have visited South Australia previously to be eligible for State nomination. Applicants who have not visited SA will be refused State nomination. Evidence must be provided at the time of application for State nomination. Information to be collected is the date and duration of the visit, wherein SA you have visited and the nature of your visit. The accepted evidence must include one of the following:

1.1.1  Meeting with Immigration SA (email confirmation of meeting)

1.1.2  Airline boarding passes – tickets are not accepted as they do not confirm the flight was taken

1.1.3  Receipts for accommodation in SA

1.2  If the above evidence is not available other submitted evidence may be accepted, such as emails to confirm the meeting with SA companies. Photos are not required and will not be assessed.

1.3  Your application needs to include an exploratory visit itinerary and details on the outcome from your visit. This information is being collected to help Immigration SA understand how your visit has benefited your understanding of business and lifestyle opportunities, it is not an eligibility requirement.

1.4   You must confirm that you have sufficient financial resources to support yourself and dependents to settle in South Australia and understand it is your responsibility to determine the cost of living in South Australia. Evidence of financial capacity is not required. However, Immigration SA reserves the right to seek additional information or evidence at a later stage if necessary.

For all four streams, you will be required to provide:

  • Scanned copies of the main applicant’s photo pages of your passport, and scanned copy of the spouse passport
  • Information about the proposed business activity in South Australia – applicable to the Business Innovation stream only
  • Expression of Interest (EOI) reference number
  • Name of and information about the proposed complying investment(s) and its fund manager (Significant Investor Stream only)
  • Copy of simple estimate of financial plan – applicable to Business Innovation stream only, who propose to conduct a property development business in SA
  • English language test (Entrepreneur stream only)
  • Business plan (Entrepreneur stream only).

Soodeh Jafari migration Group

Director And  Registered Migration Agent

With the official Australian Immigration Agent and up-to-date immigration information, this collection is a pioneer in Australian immigration.

Specializing in all Australian Immigration Visas including Education, Skills, Investments, Tourist …

We pride ourselves in:

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