Immigration experts in Australia and NZ
Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Search
Close this search box.
Entrepreneur 188E visa

Entrepreneur Stream (subclass 188E) visa

The Entrepreneur Stream (Subclass 188E) Visa is a pathway for entrepreneurs with innovative business ideas and a desire to develop and manage their own venture in Australia. This visa falls under the Business Innovation and Investment (Provisional) Visa (Subclass 188) program, designed to promote entrepreneurship and drive economic growth in Australia.

This visa is a unique opportunity for entrepreneurs to establish and develop their ventures in Australia, with a potential pathway to permanent residency. The complex application process and the requirement for a substantial funding agreement, means guidance from an experienced registered migration agent or legal expert to ensure a successful visa application is advisable.

Entrepreneur 188E visa

Entrepreneur Stream (subclass 188E) visa

The Entrepreneur Stream (Subclass 188E) Visa is a pathway for entrepreneurs with innovative business ideas and a desire to develop and manage their own venture in Australia. This visa falls under the Business Innovation and Investment (Provisional) Visa (Subclass 188) program, designed to promote entrepreneurship and drive economic growth in Australia.

This visa is a unique opportunity for entrepreneurs to establish and develop their ventures in Australia, with a potential pathway to permanent residency. The complex application process and the requirement for a substantial funding agreement, means guidance from an experienced registered migration agent or legal expert to ensure a successful visa application is advisable.

Requirements To Apply For an Entrepreneur Stream (Subclass 188E) visa

Notable Requirements:

  1. Innovative Business Proposal: To be eligible for the Subclass 188E Visa, applicants must have a funding agreement of at least AUD 200,000 with an eligible funding entity to support their entrepreneurial activities in Australia. They must also submit a comprehensive business proposal outlining their innovative idea and how it will benefit Australia.

  2. Age Requirement: Applicants must be under 55 years of age, although state or territory government waivers may be available for exceptional cases.

  3. State or Territory Nomination: Applicants must be nominated by a state or territory government in Australia, which may have specific criteria for nomination.

  4. English Language Proficiency: Proficiency in the English language is mandatory. Applicants must provide evidence of their English language skills through recognized tests.

  5. Health and Character Requirements: Applicants must meet health and character requirements as specified by the Australian government.

Visa Conditions:

  • Visa holders must actively and continuously manage their entrepreneurial activities in Australia.

  • Compliance with Australian laws and regulations is mandatory.

Application Process:

  • The application process for the Subclass 188E Visa involves multiple steps, including expression of interest (EOI) submission, state or territory government nomination, and visa application.

  • Applicants must provide a well-structured business proposal that outlines their innovative idea, market research, commercialization plan, and how the venture will benefit Australia.

  • Evidence of the funding agreement with an eligible funding entity is a critical component of the application.

Different Streams Of The 188 Visa

There are different streams of Visa depending on the type of business you are starting or investing in.

Group 165

Business Innovation Stream (188A)

This stream is for individuals with a successful business career and a genuine desire to own and manage a business in Australia. Applicants must have a certain level of business turnover and a commitment to continuing their business activities in Australia.

Group 165

Investor Stream (188B)

This stream is for applicants who are willing to make an AUD 1.5 million investment in an Australian state or territory and maintain that activity in Australia.

You need to meet business turnover and net asset requirements, you must have a successful business history, and be under the age of 55.

Group 165

Significant Investor Stream (188C)

This stream targets individuals who are willing to invest a significant amount in specified investments in Australia, including venture capital and small private equity funds.

Group 165

Premium Investor Stream (188D)

  1. Designed for high-net-worth individuals with an exceptional business history, this stream requires a significant investment in premium investments in Australia.

Apply for a Business Innovation
and Investment (subclass 188) visa

New Project 8

Step 1

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.

Group 205
New Project 3

Step 2

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.

New Project 5 1

Step 3

Now our team leaps into action, following immigration pathways, taking care of the paperwork and helping you through the entire application process.

Take the first step and schedule a call

Group 93

Call us

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.

Group 96

Email us

You can get in touch with the team through our support email: aisupport@absoluteimmigration.com

Frequently Asked Questions

This is a Visa that allows people who are significant investors in Australian Business or Innovation, the opportunity to stay in Australia for up to 4 more years.

There can be a long processing time for a 188 Visa, anywhere up to 20 months in some cases. Have a word with our team to find out more about timelines.

The Business Innovator stream has a base application charge of $6270AUD; The Premium Investor Streamโ€™s base charge is $9455 AUD; and the Entrepreneur stream has a base charge of $4240AUD.

Contact Absolute Immigration, and talk to one of our qualified and friendly team members.ย  Through a Discover Call, they will discuss your preferred visa pathway.

Subscribe for the latest immigration updates

Subscribe to keep current with the latest immigration changes affecting your situation and industry. Follow us on our social media channels so you donโ€™t miss an update.

Recent articles

Key Updates to the Skills in Demand visa
The Skills in Demand visa reforms simplify migration pathways and address labour shortages across Australiaโ€™s workforce.
Skills in Demand Visa
From 7 December 2024, the Skills in Demand Visa (SID Visa) will address labour shortages with streamlined pathways and improved mobility.
National Innovation Visa (NIV) implementation
Effective 6 December 2024, the National Innovation Visa (NIV) replaces the Global Talent Visa (Subclass 858), introducing new legislative instruments and amendments to streamline the application process and criteria.
Core Skills Occupation List
The Australian Government has updated its Core Skills Occupation List (CSOL), removing several occupations. This impacts sponsorship pathways and skilled migration options.
Core Skills Occupation List
The Australian Government has just released the new Core Skills Occupation List (CSOL), including 456 occupations. Skills in Demand visa is set to start on 7 December 2024.
482 visa
The TSS visa work experience change to one year is delayed, pending legislative updates and alignment with the new SID visa expected this year.
download

About Sleek

Sleek.com is your one-stop shop for everything back office related, from setting up your company to handling day-to-day accounting, taxes, ASIC/ATO compliance, payroll and more โ€“ all on a single platform.

We take a human-first approach, using technology to tackle the boring stuff so you can focus on building your business. Our expert team is always here to give you personalised advice, with in-house tax experts who can handle your big questions.

With a presence in Australia, the United Kingdom, Singapore, and Hong Kong, weโ€™ve gained the trust of over 450,000+ modern businesses, and are a team of 500 strong devoted to your success.

Free initial consultation with Sleek experts:

Get your free initial consultation with Sleek experts. Mention โ€˜Absolute Immigrationโ€™ and enjoy a free initial consultation and subsequent discounting.