The Australian Business Innovation and Investment Visa 188

Then the Business Innovation and Investment Provisional subclass 188 visa could be for you.
Businesspeople and Investors from Around the World Come to Australia

Australia’s 188 Visa

Are you an experienced business person or investor who wants to come to Australia to either start a business or conduct Business Activities? Then the Business Innovation and Investment (Provisional) subclass 188 visa could be for you. This visa can be a pathway to the Business Innovation and Investment (Permanent) subclass 888 visa.

There are five streams for this visa. The Australian Department of Immigration and Border Protection website explains it this way (italics added):

  • Business Innovation stream: for people with business skills who want to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.
  • 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. Applicants must be nominated by a state or territory government.
  • Significant Investor stream: for people who are willing to invest at least AUD5 million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
  • Premium Investor stream: for people who are willing to invest at least AUD 15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.
  • 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. Applicants must be nominated by a state or territory government.

Source: The Australian Department of Immigration and Border Protection.

Contact Migration Ways

Call or write to Migration Ways today to consult with us about the 188 visa or any other Australian visa that may be applicable to your individual circumstances.

To learn more about the conditions for the 188 visa.

For more information on other visas that allow you to work in Australia.

Bring your business experience or capital to Australia after obtaining a 188 visa
Foreign Businesspeople can Innovate, Invest, and Grow in Australia
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