Business Innovation and Investment (Provisional) visa (subclass 188) – Entrepreneur Stream

Bring your innovative business ideas to Australia with the Business Innovation and Investment (Provisional) visa (subclass 188) – Entrepreneur Stream. Stay up to 5 years, develop your concepts, and be endorsed by a State or Territory government agency.

Stay Duration and Cost

Stay in Australia for up to 5 years after the date of grant of the visa. The cost of the visa starts from AUD755.

Eligibility Requirements

To be eligible for the Business Innovation and Investment (Provisional) visa (subclass 188) – Entrepreneur Stream, you must meet the following requirements:

• Be nominated by a State or Territory government agency.
• Undertake, or propose to undertake, a complying entrepreneur activity in Australia.
• Show a business plan for your entrepreneurial activity.
• Have at least competent English.
• Receive an invitation to apply after submitting an Expression of Interest (EOI).
• Not be older than 55 at the time of invitation to apply, unless the State or Territory government agency determines your proposed entrepreneur activity will be of exceptional economic benefit.
• Be endorsed by your nominating State or Territory government agency to develop your entrepreneurial concepts, if invited to apply on or after 1 July 2021.
• Receive funding from an approved entity if invited to apply before 1 July 2021.
• Have no history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia.
• Meet the health and character requirements.
• 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) – Entrepreneur Stream with the help of our expert migration consultants. Simplify the process, and benefit from our services, expertise, guidance, experience, and ongoing support.

Learn More: Book a Visa Consultation Today