Emerging entrepreneurs and start-ups with endorsements to refine their ideas and who have been nominated by a territory or state government agency can apply for the 188E visa under the Entrepreneur stream.

To be nominated, they must submit an Expression of Interest (EOI) via the SkillSelect system. If you’re interested in applying for this visa, please refer to this guide.

Stay

This provisional visa has a specific duration for staying in Australia.

How Long You Can Stay

Provisional visa 188E permits the holders to live in Australia for up to 5 years from the granted date.

Stay Longer

You must apply for a new one if you want to stay longer.

Suppose you want to be a permanent resident of this nation. In that case, you can apply for the Business Innovation and Investment (Permanent) visa (subclass 888) under the Entrepreneur stream after spending two years in Australia with other requirements.

With This Visa, You Can

This provisional visa allows you to:

You Must

While holding this provisional visa, you must:

Processing Times

After completing all the 188E visa requirements and applying for it, you must wait 16-23 months to receive the result.

When You Have This Visa

The subclass 188E visa comes with specific limitations during your stay in Australia. This guide provides comprehensive insights.

Coming to Australia

Before departing for Australia, ensure you have your valid visa, such as the 188E visa Victoria (also for other states), and essential travel documents, including a valid passport, to facilitate entry into the country.

Upon arrival in Australia, complete the Incoming Passenger Card provided during your flight.

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In Australia

During your stay, you are allowed to:

Leaving Australia

Before departing for Australia, ensure you have your valid visa and essential travel documents, including a valid passport.

Conclusion

Consider applying for the Entrepreneur stream subclass 188E visa for sustained entrepreneurial activities in Australia.

Professional Home Loans specialises in assisting entrepreneurs and working professionals who are subclass 188E visa holders for home loans in Australia. Contact us now for a free, no-obligation consultation!

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