Business Innovation & Investment Visas

Business Innovation and Investment (Provisional) Visa (Subclass 188)

Business Innovation & Investment Visas

This visa is for business owners and investors with a successful overseas track record who are willing to invest into new or existing business in Australia or make a designated investment in an Australian state or territory government bond. The Business Innovation and Investment Visa is a provisional visa valid for four years and provides a pathway to permanent residency through Business Innovation and Investment (Permanent) (subclass 888) Visa.

This visa allows you to

  • Establish a new or develop an existing business and/or invest in Australia, make a designated investment with an Australian state or territory government or make and maintain complying investments in Australia.
  • Travel in and out of Australia with your visa.
  • Bring family members with you to Australia.
  • Seek permanent residence by applying for a Business Innovation and Investment (Permanent) Visa (subclass 888) .

This visa has 5 streams

Business Innovation Stream
For people with business skills who want to establish, develop and manage a new or existing business in Australia.

Investor Stream
For people who want to make a designated investment of at least AUD1.5 million in an Australian state or territory and maintain business and investment activity in Australia.

Significant Investor Stream
For people who are willing to invest at least AUD5 million into complying investments in Australia and want to maintain business and investment activity in Australia.

Premium Investor Stream
For people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia.

Entrepreneur Stream
For people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia.

To be eligible for the Business Innovation and Investor stream you will be assessed against a points test and are required to meet at least 65 points. The Significant Investor Stream is not points tested.

Business Innovation and Investment (Permanent) Visa (Subclass 888)

The Business Innovation and Investment (Permanent) Visa (subclass 888) is the second stage of the Business Innovation and Investment (Provisional) Visa (subclass 188). You can apply for it after you have fulfilled the requirements of your provisional visa.

This visa will allow you to:

  • Continue to own and manage a business in Australia (the Business Innovation stream).
  • Continue business and investment activity in Australia (the Investor stream and the Significant Investor stream).

To find out whether you qualify for a skilled migration visa, get in touch with us on our online contact form or call our Queensland office on (07) 5592 0755.

Are you a skilled professional who wants to live and work in Australia?