A new Australian Entrepreneur visa will be established for entrepreneurs with innovative ideas and financial backing from a third party. This visa will:
- be a provisional visa for individuals who have obtained capital backing from a third party (details of appropriate third parties will be informed through consultation) to develop entrepreneurial ideas in Australia
- be established as a new stream within the existing Business Innovation and Investment (Provisional) visa (subclass 188) and the Business Innovation and Investment (Permanent) visa (subclass 888)
- be introduced in November 2016.
This is welcomed news for both overseas start-ups & entrepreneurs seeking to enter the Australian market, and it means importing the best entrepreneurial talent from around the world to start innovative companies and contribute to Australia’s economy. Thames Migration offers visa and migration advice and assistance to both individuals and companies seeking to enter the Australian market for start-up set up, to undertake or fulfill contractual agreements or for expansion. Thames Migration has assisted a number of companies, in a range of industry thought the UK and overseas over the years to establish in Australia. If you are thinking about setting up your own start-up in Australia or expanding your business to Australia, please contact us to discuss your business and staffing needs. To learn more about the proposed visa visit Australian Entrepreneur visa