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Skilled Migration

Skilled Migration

Business Innovation and Investment
(Provisional) Visa (Subclass 188)

This visa is a Provisional or Temporary visa for the applicants who want to establish a new or develop an already existing business in Australia by investing specific or designated amount of money with the Australian territory or state government. Business Innovation and Investment visa (Subclass 188)
separated into two stages – first provisional and then permanent. The visa is divided into five streams:

  • Business Innovation Stream
  • Investor Stream
  • Significant Investor Stream
  • Premium Investor Stream
  • Entrepreneur

Each stream requires various investment levels and different levels of experience and offer different benefits. All the investors must be nominated by an Australian state, territory, or the Australian Trade Commission (Austrade), depending on their application category.

The Business Innovation and Investment (Permanent) visa (Subclass 888) is the
next stage of Business Innovation and Investment visa (subclass 188).
Once all the requirements for Business Innovation and Investment visa (subclass
188) are fulfilled, you can apply for this visa without submitting expression of

Benefits of the Visa:

  • Right to live in Australia indefinitely
  • You Work in Australia during your stay
  • You can travel to and from Australia for five years from the day visa is granted
  • You can enroll in Medicare Australia’s scheme for health-related care and expenses
  • You can apply for citizenship if you meet certain requirements
  • You can sponsor your relatives for permanent residency
Free Immigration Assessment