What are the requirements for the Australian genius entrepreneurship visa?

Australia 188E investment immigrants (temporary visas for entrepreneurs) are a subclass of 188 visas, which need to be applied through the SkillSelect scoring system and nominated by state governments or territorial governments. Entrepreneurs need to reach the English level of IELTS 4 and 6, and get the financial support of 200,000 Australian dollars from third-party institutions, so as to carry out business activities in Australia and meet certain conditions, such as turnover, hiring local employees and obtaining strong financial support. After four years, they can become permanent residents.

Australia 188E general requirements for investment immigrants (temporary visa for entrepreneurs):

1. Applicants should be nominated by state or regional governments.

2. The applicant should receive the invitation from EOI.

3. The applicant and all family members meet the requirements of health and conduct.

4. Applicants must meet the additional application conditions of 188 for each category.