Business Visa

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

This Visa is the first stage for a Business Innovation and Investment (Permanent) Visa (subclass 888).

You must submit an Expression of Interest (EOI) through SkillSelect and be nominated by a state or territory government or Austrade on behalf of the Australian government before being invited to apply for this Visa.

The visa includes five streams:

Business Innovation Stream: For people with business skills who want to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.

Investor Stream: For people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia. Applicants must be nominated by a state or territory government.

Significant Investor Stream: For people who are willing to invest at least AUD5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.

Premium Investor Stream: For people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.

Entrepreneur Stream: For people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia. Applicants must be nominated by a state or territory government.

Business Innovation and Investment (Permanent) Visa ( Subclass 888 ）

This is the second stage of the Business Innovation and Investment (Provisional) visa (subclass 188).

You can apply for it after you have fulfilled the requirements of your provisional visa.

You do not need to submit a new Expression of Interest or be invited to apply for this visa.

You need to be nominated by a state or territory government agency or Austrade on behalf of the Australian government if you are seeking to satisfy the primary criteria.

If you are the holder of a provisional Business Innovation and Investment visa (subclass 188) you should provide evidence that the government entity which nominated you for that visa has not withdrawn the nomination.

If you are the holder of a Special Category visa (subclass 444), or require nomination from a different nominator than your provisional Business Innovation and Investment visa (subclass 188) you are required to obtain nomination from a state or territory or Austrade on behalf of the Australian government before you lodge an application for this visa.

Business Talent ( Subclass 132 ) Visa -Permanent Business Skills Visa

This visa is the only way for a business person to apply for a permanent visa without first holding a provisional visa or having a business in Australia already.

There are two streams under visa subclass 132:

Significant Business History Stream: For applicants who have had a very successful business career, and wish to own and manage a new or existing business in Australia.