Business Innovation and Investment (Provisional) visa (subclass 188) – Premium Investor Stream
Looking to invest in Australia? The Business Innovation and Investment (Provisional) visa (subclass 188) – Premium Investor stream lets you do just that. Invest at least AUD15 million in Australian investments and/or philanthropic contributions and stay in Australia for up to 4 years.
Eligibility Requirements
To be eligible for the Business Innovation and Investment (Provisional) visa (subclass 188) – Premium Investor stream, you must meet the following requirements:
- Be nominated by Austrade before being invited to apply for the visa.
- Make a complying premium investment of at least AUD15 million in Australian investments and/or philanthropic contributions after lodging your visa application.
- Have net assets of at least AUD15 million, legally acquired, unencumbered, and available to make the complying premium investment in Australia.
- Not have a history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia.
- Agree not to bring any action against the Commonwealth for any loss relating to your complying premium investment.
- Have at least functional English proficiency.
- Meet our health and character requirements.
- Sign an Australian values statement.
- Have no debt 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 – Premium 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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