The State nomination requirements for the subclass 188 and subclass 888 visas will generally be the same as the requirements of the Department of Home Affairs (DHA).
It is expected that applicants for State nomination for a visa 188A will have conducted research on their business proposal and are able to explain how they have decided on the viability of their proposed business activity, investment amount and the number of new and/or retained employees.
They must demonstrate that they have the experience to undertake the business activity and are aware of the current economic climate in the state, major competitors, and propose a realistic business proposal suited to the existing business environment.
Applicants must propose net assets of at least $2.5 million invested in complying investments as specified by the DHA and agree to re-invest into any WA assets, upon maturity of the complying investment
Applicants must propose net assets of at least $5 million invested in complying investments as specified by the DHA and agree to re-invest into any Western Australian assets, upon maturity of the complying investment
Western Australia has a non-restrictive business activity policy for business migrants relocating to this state. Business migrants can undertake the business activity of their choice, providing it meets the qualifying business definition of the DHA.
Business proposals submitted for State nomination will be assessed competitively based on the:
Generally, applicants will not be selected for State nomination if they have made an application to another State or Territory of Australia, unless there are exceptional circumstances.
Preference will be given to applicants who have visited Western Australia, and/or have family, friends or business associates in Western Australia.
The Business Migration Centre does not support the recycling of businesses for any visa subclass, as Western Australia seeks to attract new investment and new economic benefit for the State from business migrants.