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Victoria's Business & Investor Visa Nomination Program 2020-21- Latest update

By Rajneesh Kumar Posted 08, Sep 2020

abc The Business and Investor visa nomination program of the Victoria, Australia is opening today, i.e. September 8, 2020 for Subclass 188 and 132 visa. The economic and social environment for Australia immigration policies and programs have changed recently in view of the Global pandemic situation, however, well-targeted immigration programs and policies are now the key to the economic recovery of Victoria.

Business & Investor Visa Nomination Program

The Department of Home Affairs, Australia has provided an interim allocation of visa nomination places for the Business Innovation and Investment Program (BIIP) until the announcement of Federal Budget on 6 October.

This interim allocation of visa places shall work towards the economic recovery and health response to the pandemic from state of Victoria, Australia. After the Federal Budget the DHA will further assess the situation and decide what extra, state nomination visa places will be allocated to Victoria for the program year 2020-21.

Also read- Victoria State Nomination update for Program year 2020-21

Nomination criteria changes for interim allocations

For the interim nominations places, the business and investor migration program of Victoria will reopen with no considerable changes to the existing nomination parameters, except for one extra requirement.

All business and investment activity need to contribute to economic recovery or health response of Victoria, Australia to get approval for visa nomination.

To succeed in this program, it is essential that your application specifies regarding the way your business or investment will support Victoria's economic recovery or health response to the Covid-19.

Changes to application processing

The Government has allocated the interim nominations for the Victorian Government to use the same until the Federal Budget. Hence, to make certain that all received applications can be evaluated within this timeframe, applications will close at 5pm AEST, 21 September 2020.

If you have further queries with regards to Australia skilled migration or state nomination or wish to apply or the same this year, you may contact our Australia migration expert on Toll-Free No. 78-18-000-777. Alternatively, email your queries at info@visasavenue.com.


Author

Rajneesh Kumar

Rajneesh Kumar is a well-known writer,blogger and content creator. His passion and expertise in writing content on Immigration, visa, political affairs, News, current affairs, etc. makes him one of the best professional writers around.

He has been creating the Immigration Content, i.e. Blogs, Articles, social media, videos, etc. for more than 5 years now.

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