What is the Australia 188 visa?

Australia 188 visa is a temporary business innovation and investment visa, which can provide permanent residence for business people who want to start and run businesses or invest here. 188 The visa is valid for four years. To apply for a 188 visa, you must first submit a letter of intent. If successful, and nominated by the country or region, you will be invited to submit this visa application.

188 visa application process

To apply for this visa, you must first be nominated by the Australian state or territory or the Australian Trade Commission (high-end investors may only be nominated by the Australian Trade Commission) and be invited to submit an application to the Immigration Bureau.

In order to meet the nomination of the state/region or Australian Trade Commission and get the invitation to submit a visa, an "EOI" must be submitted, which needs to explain the relevant requirements.