Subclass 188 Business Innovation and Investment Provisional Visas
Business Innovation & Investment Subclass 188 visas are for investors and business owners who wish to establish business operations in Australia. The visa is valid for 4 years.
There are 5 eligibility streams:
- A. Business Innovation - for business owners seeking to establish business operations in Australia
- B. Investor - for people who are willing to invest $1.5 million in an Australian State or Territory bonds
- C. Significant Investor - for people willing to invest $5 million into complying investments in Australia
- D. Premium Investor - CLOSED TO NEW APPLICANTS FROM 1 JULY 2021 - for people with significant funds who are willing to invest at least $15 million into complying premium investments in Australia.
- E. Entrepreneur - for people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity
Note that business migration can be extremely complex, and even determining whether you have a good chance of qualifying can be difficult. In addition, you may be able to qualify in a number of different business migration categories.