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2020-21 Business and Investor Visa Nomination Program update

2020-21 Business and Investor Visa Nomination Program update

Victoria’s 2020-21 business and investor visa nomination program (subclass 188 and 132) will open on Tuesday, 8 September, 2020.

Changes to nomination criteria

For the interim period, the Victorian Government’s business and investor migration program will reopen with no substantial changes to the existing nomination criteria, except for one additional requirement. All business and investment activity must contribute to Victoria’s economic recovery or health response to be approved for visa nomination.

Places are limited and applications are expected to be highly competitive

To have the best chance of success, it is important that your application is specific about the way your business or investment will assist Victoria’s economic recovery or health response to the pandemic.

Changes to application processing

The Commonwealth Government has provided the interim places for the Victorian Government to use until the Federal Budget.

To ensure that all applications received can be assessed within this timeframe, applications will close at 5pm AEST, 21 September 2020.

Website link: https://liveinmelbourne.vic.gov.au/news-events/news/2020/2020-21-business-and-investor-visa-nomination-program-update


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