Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream
The Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream allows you to carry out business and investment activity in Australia and can apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream if certain requirements are met.
Eligibility Requirements
To be eligible for the Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream, you must meet the following requirements:
- Score at least 65 on the points test.
- Be under 55 years of age.
- Intend to live in a specific Australian State or Territory.
- Have a total net business and personal assets for the two fiscal years of at least AUD2.5 million (or AUD2.25 million if invited before 1 July 2021).
- Manage a business in which you, your partner, or both, had at least a 10% ownership interest, or own personal and business assets of at least AUD2.5 million (or AUD1.25 million if invited before 1 July 2021).
- Make a complying significant investment of at least AUD2.5 million (or hold a designated investment of at least AUD1.5 million if invited before 1 July 2021).
- Be nominated by an Australian State or Territory government agency.
- Have no history of involvement in business or investment activities that are not generally acceptable in Australia.
- Have the right experience.
- Meet the English language requirements, if applicable.
- Meet the health and character requirements.
- Sign the Australian values statement.
- Have no outstanding debts owed to the Australian government.
- Not have had a visa cancelled or a previous application refused in Australia.
Application Process
Check your eligibility and apply for a Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream with the help of our expert migration consultants. Simplify the process and benefit from our services, expertise, guidance, experience, and ongoing support.
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