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
- 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
- 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
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
