Subclass 408 (Temporary Activity) Visa Started In South Australia

26 Nov 2018

In the last year, it was announced that South Australia, must the Liberal Party victory in the state election, could be the measuring ground for a pilot program to draw innovators of the world to the state. That program has ultimately come to fruition by regulations given in this week.

The government of Australia has been creative themselves with fulfilling this promise into the visa system of Australia by the Temporary Activity (Subclass 408) visa by recommending an “event” called Promoting Innovation in South Australia. It will run for 03 years, ending at the end of Nov 2021.

This event needs major applicants to:

• Applicant must be below the age of 45 years at the time they present their subclass 408 visa application;
• Prove English Language Ability;
• Have been recommended by the South Australian government for their visa; and
• Provide a promoting business plan.

Pathways After Subclass 408 Visa Expires

While the subclass 408 visa has many pathways that may be suitable for temporary actions, this innovation program attains below the Government of Australia Recommended Events pathway. It is generally provided for short-term events, the latest of which was the Invictus Games that was conducted in Sydney in Oct 2018.

Given the new program will continue for three years, and it is a temporary visa, an inquiry for many visa holders is what will occur when their visa expires? If they are not fit for a  Business Innovation and Investment (Subclass 188) visa, which needs, among several other things, personal and business and net assets of minimum AUD 800,000 (It can be connected with a de facto partner or spouse), they may strive to obtain a suitable visa to remain with their entrepreneurial journey.

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