Startup businesspersons come under the subclass 188 – Business innovation and Investment Provisional (BIIP) visa, which needs approval by the state/territory in Australia where you would like to start your business before you apply for the visa. The eligibility for the Global Talent visa program is completely different from the subclass 188 visas. For the Global Talent visa, there are 15,000 places available for the year 2021-2022 under the program. Therefore, it is processed differently under a separate visa process. As the eligibility criteria and processing steps are completely different for both visas and the number places available is limited to that stream of visa, one should apply to the visa which is more suitable to them and able to meet the visa eligibility criteria.
