BUSINESS INNOVATION and INVESTMENT (SUBCLASS 188) - Provisional
Provisional business visa 188 is the first and the major stage of the immigration process for most businessmen and investors.
All applicants must be nominated by the state / territory, which imposes additional requirements on applicants over the basic conditions of DHA. This visa is divided into 4 streams:
- Business Innovation stream
- Entrepreneur stream
- Investor stream AUD 2.5 million
- Significant Investor stream AUD 5 million
The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate.
Direct investment in residential real estate is prohibited. Indirect investment in residential property through managed funds is strictly limited.