Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor Extension stream
The Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor Extension stream allows holders of the Business Innovation and Investment visa to extend their stay in Australia for up to 4 more years.
Eligibility Requirements
To be eligible for the Business Innovation and Investment (Provisional) visa (subclass 188) – Significant Investor Extension stream, you must meet the following requirements:
- Hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream and have held that visa for at least 3 years, or
- Hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor Extension stream and not have held more than one of these visas.
- Continue to hold your complying significant investment.
- Be nominated by a State or Territory government agency or Austrade.
- Have no history of involvement in business or investment activities that are not generally acceptable in Australia.
- 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) – Significant Investor Extension 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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