What are the Reasons Behind Australian Business Visa Rejection?

November 16, 2022    Immigrationlawyers
What are the Reasons Behind Australian Business Visa Rejection?

The 188 Australian business/investment visa is considered one of the most unique visas ever. This type of Australian visa is a temporary residence visa that can help you stay in Australia for four years. The visa is usually targeted at big and medium-sized business owners and also the listed senior managers/business shareholders.

As an applicant, you can acquire a permanent visa by investing in certain economic programs and also taking part in entrepreneurial tasks. But you will find that an Australian business visa gets refused or rejected, and there is multiple eta business visa application process for business visa rejection reasons. In this guide. You will learn more about the different reasons why a business visa gets rejected.

What Are the Different Streams of the 188 Business Visa? 

The 188 Australian business visa has five streams, and they are as follows:

  • Investment stream
  • Australian Business innovation stream
  • The Australian Premium Investor Stream
  •  Significant Investor stream
  • Australian Entrepreneur Stream

After the visa applicant acquires an Australian temporary business visa, they can easily apply for the Australian Business Innovation/Investment visa, which is considered a permanent visa in Australia and after that, they can opt for the permanent residency application process.

What Are the Eligibility Criteria for Australia Business Innovation and Investment Visa Subclass 188? 

If you want to apply for a subclass business visa 188, you must meet the eligibility criteria. They are given below as follows:

  • The age must be less than 55 years
  • If you are applying for this visa, you must be nominated by the Australian state or territory government.
  • You must meet the relevant health and character requirements.
  • You must also see that you are free from all types of outstanding debts to the Australian government.
  • You must be invited to apply for the visa
  • You will have to submit an EOI or Expression of Interest.

What Are the Benefits of an Australian Business Visa? 

There are various benefits of an Australian business visa, and they are as follows:

  • You can travel inside and outside of the country of Australia until your business visa is valid.
  • You can apply for an Australian business innovation/ investment visa to live permanently in Australia.
  • You will be able to bring your eligible family members to Australia.

Why Are Australian Business Visa Applications Rejected?

This Australian Business innovation and investment visa is complex and also includes many procedures and documents. Some instances are the yearly financial report, asset assessment reports, audit reports and many more.

There are two top evaluation indicators for this Australia visa, one is the EOI and the other is approval by the Australian government. There are various reasons why Australia’s business visa applications are rejected, some of them are as follows:

1. Miscalculation for the EOI or expression of interest 

This is easily one of the top reasons why business visa applications are rejected. When there is a miscalculation for the EOI, it indicates that the visa applicant might have calculated the EOI points without consulting a specialist, so they did not fulfil the benchmark. For example, the applicants may believe that they can acquire around five points due to all their international education qualifications. But the above qualification does not meet the Australian Qualification Framework (AQF) requirements.

2. Failure to include the bankruptcy history 

You have to include it in the submitted documents in case you turn bankrupt or even take part in an unsuccessful investment or business. Based on the circumstances, the Australian government will review them as per the specific standards. But if you intentionally pretend or fail to submit your historical bankruptcy information, your visa application might be rejected.

3. There is no reasonable explanation for the business losses. 

If you are a visa applicant, you must explain the loss of your previous business and also provide proper evidence for your current success. You also need to explain the chances of more growth for turnover in the future.

4. The turnover is less when compared to the standards. 

This is considered one of the widely recognised business visa rejection reasons, and the need for business turnover will differ based on the visa you are applying for. If your company’s turnover is less than the relevant criteria, the Australian government might reject your visa application.

5. The ownership of the company will not include the first two fiscal years. 

You must be a business owner of your company for at least two full fiscal years.

6. The applicant fails to participate in the management of the company. 

There are many applicants who are unable to follow the standards to take part in the daily operations management and exercise their power in one or more companies. This can lead to failure, and the Australian government might reject your visa.

7. Less than three business orders every year 

Applicants must provide evidence that their business is active and engaged in daily business operations by providing around three orders in the same year. If fewer than three business orders exist in a company, it will be ineligible to be granted a visa.

The Australian government might consider that company to be inactive. This will lead to the government doubting the long-term development, this ultimately leads to the visa not being granted.

8. There might be incorrect ownership. 

This indicates that the documents that you submitted, such as share registration, company registration or business name registration forms, are not accurate.

9. Applicant’s personal and company assets are lower than AUD 80000

Before applying for a business visa in Perth, You must know more about the Australian visa rejection reasons. This thing usually occurs when your property will not be listed as an asset, and if your property is not assessed well, the government may not consider its value. This is why you should consult with a lawyer for proper advice.

10. Inability to explain the economic sources

When evaluating the sources and ownership of the funds, Australia’s Department of Home Affairs will check whether your assets are legally acquired. As a visa applicant, you must explain and provide proper evidence to prove that all your assets are acquired via legal operations and investments.

Associate With Immigration Lawyers Perth 

If you want to apply for any Australian business visa, you must know everything about the visa, such as the documents required and eligibility requirements. If you need help with this visa, you can hire the best business visa lawyers via help from Immigration Lawyers Perth. They are one of the best law firms that can provide you with the best lawyers to help you in the business visa application process.

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