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Entrepreneur Stream

Eligibility Criteria

Eligibility Criteria

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To be eligible to apply for 188 visa, under the entrepreneur stream, you must have:

Age less than 55 years (unless your complying entrepreneur activity is of exceptional economic benefit to the nominating state or territory)
Evidence of competent English at the time of invitation for visa
A genuine intention of undertaking a complying entrepreneur activity in Australia
Your complying entrepreneur activity must not be related to residential real estate, labour hire or purchasing an existing enterprise or a franchise in Australia
One or more legally enforceable agreement of funding worth at least AUD 200,000 from any of the following entities
- Publicly Funded Research Organisation
- State or Territory Government
- Commonwealth Government Agency
- Registered investor with Early State Venture Capital Limited Partnership or an Australian Venture Capital Limited Partnership
- Specified Higher Education Provider
An agreement demonstrating of paying at least 10% funds to the entrepreneurial entity within 12 months of activity undertaken in Australia
At least 30% of interest in entrepreneurial entity at the time of entering into the agreement
A valid plan or innovative idea of leading commercialisation of a product or service or the development of enterprise in Australia
Maintain an ongoing relationship with the nominating state or territory government

States / Territories

AU-WA

Fees: $750

Processing Time: Relatively quick

Preferred Industries:

Commit a significant amount of new capital investment;
Generate skilled employment or a large number of new jobs;
Develop export markets or replace imports;
Introduce new skills, expertise, technologies or innovations;
Locate the business activity in a regional area; and
Have a significant flow on effect to other sectors of the economy

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing
business or franchise

AU-NT

Fees: No Fees

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

AU-SA

Fees: $500-$750

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries: On-selling imports (obtaining goods from other states to sell in SA)

AU-QLD

Fees: $550-$750

Processing Time: Relatively quick

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

AU-NSW

Fees: $820-$1270 + GST

Processing Time: 1-4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Small scale property development
Small scale freight forwarding and warehousing
Commodity and scrap metal export
Passive investment

AU-ACT

Fees: $600-$1100

Processing Time: 4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing
business or franchise

AU-VIC

Fees: No Fees

Processing Time: 4 Weeks

Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)

Restricted Industries:

Small scale property development
Small scale freight forwarding and warehousing
Commodity and scrap metal export
Passive investment

AU-TCA

Fees: No Fees

Processing Time: Relatively quick, but must meet with Migration Tasmania first

Preferred Industries:

Aquacultural
Agricultural
Minerals and Mining Industry
Forestry and Timber
Antarctic and Marine Science
Information and Communications Technology
Creative Industry

Restricted Industries:

Residential estate
Labour Hire
Purchasing of existing business or franchise

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