BLOG

⚡️Victoria’s Business Visa SC 188A. Update⚡️

Victoria’s Business Innovation stream (subclass 188A) visa nomination program for 2021-22 is open to new applications since 13 July

Some of the criteria for state nomination have been changed, let’s see changes below together:

🔸be under 55 years of age, however, if you are over 55 and have an exceptional and innovative business proposal for Victoria, you can apply for waiver

🔸have certificate of Vocational English (5555 IELTS or equal)

🔸at least a bachelor degree in a STEMM field (Science, Technology, Engineering, Mathematics or Medicine), or A Masters of Business Administration (MBA) or relevant business history of at least 3 years in the target sector of Victoria: Health, Medical Research and Life Sciences, Digital, Agri-food, Advanced Manufacturing, New Energy, Emission Reduction and Circular Economy

🔸an eligible degree can have been completed at any time, in any nation and in any language. Social sciences and humanities qualifications are excluded

🔸the types of businesses that will not be accepted include:

  • Property development
  • Gift stores
  • Convenience stores
  • Cafes or restaurants

🔸you must show how your proposed business activity will contribute to the Victorian economy through innovation

🔸you must employ at least 2 full time eligible employees or business’ turnover is at least A$1 million per year for the 2 years

🔸if you are proposing to engage in export activity, you must follow the special state requirements

🔸you manage your business and live in Victoria

🔸ATTENTION❗️To be nominated, you DO NOT require prior exploratory visit to Victoria

 

✅More information on other streams for the SC 188 Business visa will be provided in the coming weeks.

📩Contact us at info@yuliamoiseeva.com.au if you need support and guidance to understand Victoria’s target industry sectors or assess the suitability of your business idea for the state!

💪🏼We will be happy to help you and your business succeed!