Business Innovation and Investment Visa

The Business Innovation and Investment Visa Subclass 188 allows successful applicants to do the following:

  • own and manage a business in Australia (the Business Innovation stream)
  • conduct business and investment activity in Australia (the Investor stream, the Significant Investor stream and the Premium Investor stream).
  • undertake an entrepreneurial activity in Australia (Entrepreneur stream).

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Business Innovation & Investment

The Business Innovation and Investment Visa (subclass 188) is a part of the Business Innovation and Investment Program.

This visa consists of five visa streams. Applicants must submit an Expression of Interest (EOI) through SkillSelect and be invited to apply.

    • The five business visa streams are:
  • Business Innovation stream: Applicants must plan to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.
  • Investor stream: Applicants must make a designated investment of at least $1.5 million AUD. Applicants must be nominated by a state or territory government.
  • Significant Investor stream: Applicants must make an investment at least $5 million AUD. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
  • Premium Investor stream: Applicants must invest a minimum of $15 million AUD.
  • Entrepreneur stream: Applicants must have a funding agreement from a third party for at least $200,000 AUD. Applicants must be nominated by a state or territory government.