Submitting
an EOI
The
first step towards applying for an Entrepreneur visa is lodging an Expression
of Interest (EOI) in
SkillSelect.
SkillSelect.
To lodge
an EOI, you will need to have a funding agreement in place or in negotiation
with an approved funding
body to develop an innovative venture in Australia. The agreement must be for a
minimum of $200,000.
You will also need to have a business plan that explains how you will develop
your innovative venture
in Australia.
If you
demonstrate a record of successful entrepreneurial activities while holding a
provisional Entrepreneur visa,
after four years you may be eligible for a Subclass 888 Business Innovation and
Investment (Permanent) visa in
the Entrepreneur stream. It’s a good idea to familiarise yourself with the
criteria for success for the permanent
Entrepreneur visa.
Nomination
from a state or territory government
Once you
submit an EOI, you can be nominated by a state or territory government to be
invited to apply for an
Entrepreneur visa. Each state and territory has different nomination criteria.
Lodging
an application
If you
are nominated by a state or territory government, you will receive an
invitation from us to apply for a Business
Innovation and Investment (Provisional) visa (Subclass 188).
You will
need to provide documents about your identity, relationships, children, health,
character and
English
language ability as part of your application. You will also need to provide
evidence of your funding agreement
and the business plan for your entrepreneurial venture in Australia.
You only
have 60 days to lodge your application after receiving an invitation to apply,
so it’s a good idea to get your documents ready in advance.
Contact is today if you need advice and assistance.
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