Business Visa 188

Visa 188A – Business Innovation stream

Visa 188A is for people with business skills and it lets you operate a new or existing business in Australia.

  • You must operate a new or existing business in Australia.
  • You must be nominated by an Australian State or Territory government agency.
  • Score 65 points above
  • proof of success business – Turn Over & Owner stake
  • Assets AUD800k above

Visa 188B – Investor stream

This provisional business visa stream requires you to invest at least AUD1.5 million in an Australian State or Territory and maintain business or investment activity in Australia

  • make an investment of AUD1.5 million in an Australian State or Territory
  • score at least 65 on the points test
  • have a net business, investment, and personal assets of at least AUD2.25 million

Visa 188C – Significant Investor stream

This provisional business visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.

  • be invited to apply for this visa
  • be nominated by a State or Territory government agency or Austrade to invest at least  AUD5 million that meets certain requirements and have a genuine intention to hold that investment for at least for 4 years
  • have a genuine intention to live in the State or Territory whose government agency nominates you

Visa 188D – Premium Investor stream

This provisional visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions.
  • be nominated by Austrade
  • be invited to apply for this visa
  • invest at least  AUD15 million in Australian investments and/or philanthropic contributions that meet certain requirements
  • have a genuine intention to hold the investment for the whole period of the visa (except any part of the investment that is a philanthropic contribution)

Visa 188E – Entrepreneur stream

This provisional visa lets you carry out entrepreneurial activities in Australia.
  • undertake, or propose to undertake, a complying entrepreneur activity in Australia
  • have a funding agreement of at least AUD200,000 to carry out an entrepreneurial activity in Australia
  • show us a business plan for your entrepreneurial activity
  • have at least competent English

Business Innovation Extension stream – Visa 188 A&B

This visa lets holders of the Business Innovation and Investment (Provisional) visa188  in the Business Innovation stream extend their stay in Australia for 2 more years.

  • hold a Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream
  • have held the Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream for at least 3 years
  • not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream visa
  • be nominated by a State or Territory government agency.

Significant Investor Extension stream – Visa 188 C&D

This business visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in Australia for up to 4 more years.

  • 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
  • be nominated by a State or Territory government agency or Austrade

Business visa 188 is a temporary visa for 4 years 3 months, however, after 2 years according to visa streams will be eligible to apply for the Permanent Business Visa 888.

Visa 888 – Transaction of Visa 188

continue your investment activities started under your Business Innovation and Investment (Provisional) visa and stay in Australia permanently

You can apply for Visa 888 ( Permanent Residency Visa)  after at least 2 years you have your Visa 188 Granted

After the 2 years, you own and manage a business in Australia, you can apply for Visa 888

  • Continue to have an ownership interest in up to two main businesses in Australia
  • Had a direct and continuous management role in that business or businesses
  • Submitted Business Activity Statements to the Australian Taxation Office
  • An Australian Business Number for each of your main businesses

DIDN’T SOLVE YOUR PROBLEM?

Send us mail