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Check eligibility

Check eligibility

To find out if you are eligible, read the Department of Immigration and Border Protection’s (DIBP) visa criteria for the Business Innovation and Investment (Provisional) visa (subclass 188).

To be eligible for visa nomination by the state of Victoria, you will need to:

  • 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.

You should also read the state nomination conditions and assessment criteria on this page.

Next steps

Once you are confident you can meet the relevant requirements, you can apply for Victorian visa nomination.

Permanent visa nomination eligibility

If you are successfully granted a subclass 188 visa, it is your responsibility to ensure that you meet the Victorian visa nomination criteria for the permanent visa stage. You should ensure that you understand and comply with the:

  • nomination conditions for the subclass 188 visa – Business Innovation; and
  • nomination assessment criteria for the permanent subclass 888 visa - Business Innovation stream.

If you are considering changing your business activity during your provisional visa period, ensure that you have reviewed and understand these requirements as this can affect your permanent visa eligibility. You may wish to seek independent migration and financial advice to ensure you are meeting Victorian and DIBP eligibility requirements.