What Do You Understand By a Business
Entrepreneur Visa 188E?

To fall eligible for this visa, you have to stand out on certain requirements. These are discussed below:

• You must receive an invitation to apply for this visa; you will first have to submit an EOI (Expression Of Interest). If the Australian/State Territories accept this EOI, you will then be eligible to apply for this visa.
• Before inviting for this visa, you will have to get a nomination from an Australian State/Territory. Besides, the nomination should not be withdrawn after you apply for this visa or else you won’t be able to apply.
• You must not be more than 55 years to apply for this visa. However, the authorities might provide you with a visa if you are contributing quite much to their economy.
• You must be able to comply with entrepreneurial activity and possess a genuine intention to continue doing such an activity.
• You must have a lawful agreement to get funding of at least AUD200,000. You can receive a nomination from one of the below-mentioned agencies:
  1. Commonwealth Government Agency
  2. State/Government Agency
  3. Public Funded Research Organisation
  4. Higher Education Provider
  5. Or, any investor registered as Australian Venture Capital Limited Partnership
• You must not have a history of pursuing activities that are unlawful in Australia.
• You must have at least a Functional Level of English Language skills.
• You must meet the necessary health and character requirements.
• If you or any one of your family members is under 18, then you must sign an Australian Values Statement.
• None of your family members or you must have any debt pending with the Australian Government or Australian Authorities.
• You must not have had any cancelled or refused a visa in the past by Australian Authorities/Government.

To apply for this visa, you have to follow a series of steps that will direct you to a successful application.

• Before you apply, you will have to submit an EOI to an Australian State/Territory and then receive an invitation to apply for this visa.
• You will then have to collect all the documents like identity documents, entrepreneur documents, character, health, partner, dependents, and other important documents.
• Following the step, you will then have to apply for the visa online through an Immiaccount. Besides, you will also have to submit your true documents online via the account.
• After you have applied online, you will then have plenty of time to review certain important things and make changes before the authorities decide on your application. These important things are:
  1. Status updates
  2. Health exams
  3. Biometrics
  4. Payment of the second instalment
  5. Or, any sudden changes that may take place just before the authorities decide on your application.
• The last step is in the hands of the Australian Authorities. They will decide on your visa application if you should be provided with the visa or not. If the authorities grant you the visa, you will be notified via visa application only where things such as visa grant number, starting date of application, and other important details will be mentioned. In case the authorities reject your visa, you will be informed about that as well. You will also know the reason behind the rejection along with your right to review the visa application. Moreover, don’t expect any refund in case your visa faces a rejection.