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 


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