These days, several people are migrating to Australia and some are planning to go. If you are one of them who are planning to migrate to Australia and do not know which visa option is right for you, then you must read this article. You will get complete information about certain visa types in this blog.

If you are over 50 and struggling to immigrate to Australia, then don’t be sad. There are several visa options that will help you to reach Australia. These are-:

Business Innovation Stream (Provisional) Visa
Business Talent Visa
Parent Visas

To apply under these categories, you have to get help from an experienced migration agent. Since only a migration consultant can guide you right about each visa type. Let’s have a look at the above-mentioned visa streams.

Business Innovation Stream (Provisional) Visa (subclass 188)

The subclass 188 visa allows you to live and work there for at least four-years. This visa will also enable you to apply for permanent residency only after fulfilling all the requirements. The requirements of this visa class depend on the stream under which you are lodging an application. These are-:

Business Innovation stream: This stream is beneficial for those, who wish to establish a new business or manage their existing business in Australia.

Investor stream: People who wish to make a specified investment in an Australian state or territory of at least AU$1.5 million, and continue business and investment operation in Australia.

Significant Investor stream: People who want to invest almost AU$5 million to maintain a business in Australia.

If you are planning to invest under the Business Innovation and Investor stream, then you have to prove that you are under the age of 55.

Business Talent Visa (subclass 132)

This visa class enables you to manage your existing business or establish a new business in Australia. This visa class has two streams include-:

Significant Business History stream: This stream is designed for those who are skilled business owners or doing business with other skilled businessmen. They can simply start their business in Australia under this category.

Venture Capital Entrepreneur stream: This visa class is designed for those who obtain venture capital funding from a member of the Australian Venture Capital Association Limited (ACVAL).

Parent Visas

You will find several types of parent visas in Australia. If your 50 percent child is an Australian citizen or permanent resident, then you can get the benefit of this visa stream. You only need to show an invitation letter from your child who is residing in Australia to lodge an application under this category. The parent visa types are-: