Business Visa 188 Business Plan

 

 

The Business Innovation and Investment (Provisional) visa (subclass 188) is part of the Business Innovation and Investment Programme. It is actually a state nominated provisional visa which is valid for four years. This visa is only available to applicants who are nominated by an Australian State or Territory government. Different states governments have individual requirements for the application.

 

An applicant must submit an Expression of Interest (EOI) through SkillSelect and be nominated by a state or territory government before being invited to apply for this visa. 

The visa includes three streams:

  • Business Innovation stream: for people with business skills who want to establish, develop and manage a new or existing business in Australia.

 

  • Investor stream: for people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia.

 

  • Significant Investor stream: for people who are willing to invest at least AUD5million into complying investments in Australia and want to maintain business and investment activity in Australia.

 

 

How does our 188 Business Plan helps in support of the 188 visa application?

The state governments requires the applicants to submit a business plan along with the application that shows the details of the current business activity and performance as well as evidence of market research and a genuine commitment to enter into business in Australia. The requirement for the business plan varies from state to state. However, some of the common criteria are as follows:

Details of business:

  • A full description of the business activity;

  • A full description of the products and services to be provided;

  • Where will the business be located?

  • Who will own the business?

  • How many staff will the business employ?

 

 

Details of Market:

  • Name customers, which products they will buy, at what volume, at what price, how many sales will be export sales;

  • Name suppliers, what products/inputs they will supply, at what volume, at what price;

  • Name your three closest competitors, what product they supply, at what price.

 

 

Details of Finance: approved by our in-house CPA (Australia):

  • Profit and loss statement;

  • Balance Sheet;

  • Cash flow Statement;

  • Ratio analysis;

  • Break-even point analysis;

  • Identify working capital and how it will be financed and so on.

Our 188 Business Plan is a comprehensive business plan document that will provide all the above information in a very well presented format with content that is customized to each individual 188 business visa context.

Our professional 188 Business Plans are written by expert business migration analysts and writers. Our 188 Business Plans have proven to be successful in our clients’ applications to all states in Australia and fully accepted by DIBP as well as to the state governments.

 

DELIVERY TIMEFRAME: 5-7 business days (depending on complexity)