The Business Innovation and Investment (Provisional) visa enables you to possess as well as manage a business across Australia, conduct a legible and approved business and investment activity across Australia or undertake an authentic entrepreneurial activity anywhere in Australia
Basic Eligibility Criteria:
The various immigration streams under Business Innovation and Investment (Permanent) Subclass 188 Visa
The Business Innovation Stream visa is a provisional visa and is specially designed for those individuals that possess appropriate business skills. The visa stream lets you operate either an entirely new or existing business across Australia.
Stay:Maximum 4 years and 3 months
Cost: Starting from AUD 5,375
To apply for this visa:
Investor Stream
The Investor stream visa which comes under the Business Innovation and Investment (Provisional) visa has a mandatory requirement to invest a minimum amount of AUD 1.5 million in one of the state or territories of Australia and also sustain a specific business or investment activity across Australia.
Stay: Maximum 4 years and 3 months
Cost: Starting from AUD 5,375
To apply for this visa:
Significant Investor Stream
The Significant Investor stream visa that comes under the Business Innovation and Investment (Provisional) visa or the Subclass 188 visa is a provisional visa and is designed for those individuals who can make an investment of a minimum amount of AUD 5 million in an investment activity across Australia
Stay: Maximum 4 years and 3 months
Cost: Starting from AUD 7,880
To apply for this visa:
The Business Innovation Extension stream is a provisional visa which allows holders of Business Innovation and Investment (Provisional) visa (Subclass 188) under the Business Innovation stream to extend their stay in the country for a period of 2 years.
Stay: 6 years after the date of the grant mentioned on the original Business Innovation and Investment (Provisional) visa (Subclass 188) Innovation stream that you must be holding during the time of application submission
Cost: Starting from AUD 645
Details:
Significant Investor Extension stream
The Significant Investor Extension stream is a provisional visa which enables holders of Business Innovation and Investment (Provisional) visa (Subclass 188) which operates through the Significant Investor stream to extend their stay for a upto 4 years or even more than that.
Stay: Extend your stay for upto four years
Cost: Starting from AUD 645
Details:
Premium Investor stream
The Premium Investor stream is a provisional visa and is designed for individuals who are being nominated directed by the Austrade and who can invest a minimum amount of AUD 15 million towards the Australian investments and/or in the form of philanthropic contributions.
Stay: 4 years and 3 months in total
Cost: Starting from AUD 9,455
To apply for this visa:
Entrepreneur stream
The Entrepreneur stream visa is a provisional visa which allows you to carry out significant and legitimate entrepreneurial activities anywhere in Australia.
Stay: 4 years and 3 months in total
Cost: Starting from AUD 4,045
To apply for this visa:
The visa enables you to:
You should:
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