Provisional Business (Subclass 188)

Business Innovation and Investment (Provisional) visa (Subclass 188) 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:

Submit expression of interest (EOI) in the SkillSelect portal

Nominated by a state or territory government of Australia or Austrade

Invited to apply (ITA) for this particular visa

The various immigration streams under Business Innovation and Investment (Permanent) Subclass 188 Visa

Business Innovation stream

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:

you must operate and manage either a new or existing business across Australia

you must be nominated or sponsored by a state or territory government of Australia

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:

You must make an investment equivalent to AUD 1.5 million in one of the state or territories across Australia

You must receive a nomination from a state or territory government of Australia

Significant Investor Stream

Check your Australia PR Points in 60 Sec