Business Innovation and Investment (Permanent) visa - Subclass 888

Before you apply, you must have ready all information and documentation to support your state nomination application and prove the claims you make. Please refer to the below checklist as a guide to what you need to prepare for your application.

For all streams:

• You will need a completed and signed Form 1414 (nomination form required by Department of Home Affairs at visa application stage)
• Copy of the personal details page in your passport.

Important

• Nomination is entirely at the discretion of the Government of South Australia. Meeting the minimum published requirements does not guarantee nomination by South Australia. In assessing you Intention to Apply and application, Skilled & Business Migration will consider each application on its merits and the broader benefit to South Australia.

Business Innovation stream

For the Business Innovation stream, you must also provide:

• Registered business name certificate 
• Australian Business register certificate 
• Certificate of registration of a company for the business (if applicable) 
• An ASIC report and any other documents which show ownership or a percentage share in South Australia businesses
• Purchase contract if business purchased
• Evidence of residency specified for at least the last two years (dates outlined) 
• Previous Business Activity Statements (BAS) for at least the last 8 quarters 
• Evidence of net business and personal assets
• Evidence of employee service (if applicable)
• Any other related documents as requested

For property development businesses, the following is also required:

• Identification and location of the development
• Project cost information
• Current Certificate(s) of Title for the subject land
• Copies of any planning or development approvals
• Commencement and completion dates
• Explanation of the client's managerial role within the project
• Certificate of Title transferred to the purchaser's name (if sold)
• Residential Contract schedule (if sold)

For exporting businesses, the following evidence is also required:

• Sales invoices for the goods purchased for export by the overseas buyer
• Bill of Lading (B/L or BOL)
• Evidence that the South Australian producer is aware of the export activity
• For both wine and non-wine exports, the following document from Business SA is required:
  • Certificate(s) of Free Sale – Business Migration Contact trade@business-sa.com or call 08 8300 0093 for further information.  
• If exporting wine, the following documents from Wine Australia are also required:
  • Licence to export
  • Product Registration
  • Export Permit
  • Certificate(s) of Free Sale (this is in addition to the Business SA document)
  • Certificate(s) of Origin These may vary depending on the export destination, contact exports@wineaustralia.com or visit the Wine Australia website.  
• Any agricultural export will also require a phytosanitary certificate, which will include the place of origin.

Investor stream

For the Investor stream you must also provide the following:

• Evidence of an investment directly in a complying investment fund:
  • Copies of completed and signed Department of Home Affairs Form 1413 declaration in relation to the complying investment fund;
  • Statement(s) from the provider of the managed fund on the fund provider's letterhead, including:
    • the main applicant's name, address, statement date,
    • the name of the fund and fund manager (together with relevant licence numbers),
    • statement of investment objectives of the fund (to show a material benefit to South Australia); and
    • details of amount and term of investment in the managed fund (consistent with state nomination requirements).

Significant Investors

For the Significant Investor stream you must provide the following:

• Evidence of an investment directly in a complying investment fund: 
  • Copies of completed and signed Department of Home Affairs Form 1413 declaration in relation to managed funds in relation to the investment;
  • Statement(s) from the provider of the managed fund on the fund provider's letterhead, including:
    • the main applicant's name, address, statement date,
    • the name of the fund and fund manager (together with relevant licence numbers),
    • statement of investment objectives of the fund (to show a material benefit to South Australia); and
    • details of amount and term of investment in the managed fund (consistent with state nomination requirements).

Once you have ensured you meet all visa and nomination criteria, and prepared all documentation required for your application:

1. Submit an online application for state nomination via the Skilled & Business Migration portal
   Note: for the Entrepreneur stream you do not need to submit an online application via the Skilled & Business Migration portal - please email the completed Form 1414 and a copy of the personal details page in your passport to migration.business@sa.gov.au
2. If you are approved for state nomination, you will receive a Government of South Australia signed copy of the Form 1414
3. Lodge your visa application with the Department of Home Affairs within 90 days of state nomination, including a copy of the signed Form 1414
4. You must lodge your visa application within this timeframe as re-nomination is not permitted within the same program year unless a new state nomination application is submitted. This will incur a new application fee.

Please Note:Skilled & Business Migration can approve an application to Department of Home Affairs for an extension to your Business Innovation and Investment (Provisional) visa subclass 188 if it meets the benefit to state criteria. Applications for extensions will be assessed on a case by case basis, by contacting Skilled & Business Migration.

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