The Subclass 188 Business Innovation and Investment Visa is a pathway for high-net-worth individuals who wish to establish or develop a business, invest in Australia, or undertake entrepreneurial activities. This visa is part of the Business Innovation and Investment Program, designed to attract talented entrepreneurs, investors, and business owners to contribute to the Australian economy.
The Subclass 188 Business Innovation and Investment Visa is a pathway for high-net-worth individuals who wish to establish or develop a business, invest in Australia, or undertake entrepreneurial activities. This visa is part of the Business Innovation and Investment Program, designed to attract talented entrepreneurs, investors, and business owners to contribute to the Australian economy.
To be eligible for the 188 Visa in Australia, the criteria is:
The Subclass 188 Visa is a temporary visa, generally valid for up to four years. However, it can lead to permanent residency through the Subclass 888 Permanent Business Innovation and Investment Visa, provided the visa holder meets the required criteria and maintains their eligible business or investment activities in Australia.
Business Innovation Stream
If you have business skills and an innovative idea, this is the Visa for you. It is a points-based application, so let Absolute Immigration help you with the documentation to score the right number of points.
You need to meet business turnover and net asset requirements, you must have a successful business history and be under the age of 55.
Investor Stream 188B
This stream is for applicants who are willing to make an AUD 1.5MIL investment in an Australian state or territory and maintain that activity in Australia. The requirements are the same as the above, with it being a points-based application, you must be under the age of 55, with a successful business history and the turnover and net asset requirements.
Significant & Premium Investor Streams 188C & 188D
Similar to the 188B Investor Visa stream, with a larger dollar figures for investment in Australia.
Entrepreneur
Stream
This stream is for applicants who have a funding agreement from a legitimate third party of a minimum of AUD 200 000. They will undertake a complying entrepreneurial activity that is proposed to lead to either the commercialisation of a product or service or the development of a business in Australia.
Once you reach out to Absolute Immigration, we set up a discovery call to understand what your needs are and what Visa best suits you.
From there, we will send you a Strategy proposal outlining the steps we will take to assist you in getting a Visa for you to sign off on.
Now our team leaps into action, following immigration pathways, taking care of the paperwork and helping you through the entire application process.
You can book a free 10 minute consultation for follow up questions
You can get in touch with the team through our support email.
The Business Innovator stream has a base application charge of $6270AUD;
The Premium Investor Stream’s base charge is $9455 AUD;
and the Entrepreneur stream has a base charge of $4240AUD.
The Business Innovator stream has a base application charge of $6270AUD;
The Premium Investor Stream’s base charge is $9455 AUD;
and the Entrepreneur stream has a base charge of $4240AUD.
The Business Innovator stream has a base application charge of $6270AUD;
The Premium Investor Stream’s base charge is $9455 AUD;
and the Entrepreneur stream has a base charge of $4240AUD.
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You can get in touch with the team on our support lines: 1300 227 658 or
+61 (03) 9827 3721. Alternatively, you can book a free 10 minute consultation through our Acuity Portal.
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Disclaimer: Information on this website does not constitute personal migration advice and is provided for general information and education purposes only. Accordingly, before taking any actions based on such information, we encourage you to consult with one of our Migration Agents who are all bound by the MARA Code of Conduct.
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