Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream offers

Entrepreneurial ventures

Establish or grow business.

Temporary stay

Up to 4 years and 3 months.

Work rights

Unlimited work opportunities.

Cultural exchange

Experience Australian lifestyle.

Multiple entries

Frequent entry, exit flexibility.

Pathway to PR

Eligible for subclass 888.

Business growth

Strengthen Australian venture.

Personal growth

Develop independence, adaptability.

Eligibility Criteria

To be eligible for this visa, you must:

  • score at least 65 on the points test
  • provide proof of your business success (annual turnover, ownership interest)
  • have a total net business and personal assets of at least AUD1.25 million if you were invited to apply for this visa on or after 1 July 2021, or AUD800,000 if you were invited to apply before 1 July 2021
  • be nominated by an Australian State or Territory government agency
  • have had an ownership stake in 1 or 2 businesses that had at least AUD500,000 or AUD750,000 turnover in each of the 2 fiscal years immediately before you receive an invitation to apply
  • own personal and business assets of at least AUD1.25 million or AUD800,000 depending on when you were invited to apply
  • have a successful business career and a genuine desire to continuously own and manage a business in Australia
  • be under 55
  • have no history of involvement in unacceptable business or investment activities
  • have functional English
  • meet our health and character requirements
  • sign the Australian values statement
  • have no debt to the Australian Government
  • not have had a visa cancelled or a previous application refused

Application Process

Check your eligibility and apply for a Business Innovation and Investment Visa (Subclass 188) 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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Jan 03, 2023

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Dec 22, 2022

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Feb 17, 2023

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