W.e.f. 18th February 2019, the Victoria Govt. has announced the reopening of the Business Innovation and Investment Program.
Victoria has also introduced the EOI (Expression of Interest) for the below visas:
- Subclass 188-Business Innovation Stream
- Subclass 188-Entrepreneur Stream
- Subclass 132-Business Talent (Permanent) Visa
Applicants for the above visa categories will now need to submit an EOI. It has to be submitted through the SkillSelect system of the Dept. of Home Affairs. The EOI will also have to reflect the applicant’s interest in Victoria state nomination.
Applicants will no longer need to notify Victoria’s Skilled and Business Migration Program on submitting an EOI.
Applicants, who have submitted an EOI before 18th Feb, will now need to submit a fresh EOI. Only then will they be considered for Victorian nomination, as per SBS News.
Another notable visa change is regarding the Subclass 188-Significant Investor Stream. Starting 18th February, Victoria will start issuing invites for the same. The state will also start assessing state nomination applications. However, no process changes for this visa have been announced as of now.
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