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

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Australia Subclass 188 - Business Innovation and Investment (Provisional) Visa:


This visa allows you to:

  • Own and manage a business in Australia (the Business Innovation stream)
  • Conduct business and investment activity in Australia (the Investor stream, the Significant Investor stream, and the Premium Investor stream).
  • Undertake an entrepreneurial activity in Australia (Entrepreneur stream).

This visa lets you:

  • To establish a new or develop existing business and/or invest in Australia, make a designated investment with a territory government or Australian state, make and maintain complying investments in Australia or participate in complying entrepreneurial activity in Australia
  • To travel in and out of Australia for the life of your visa
  • To bring your family members with you to Australia
  • To seek permanent residence by applying for a Business Innovation and Investment (Permanent) visa (subclass 888).

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Processing Time

The whole processing time is in between 15 to 22 months. Length of Stay is Four years and three months.

Eligibility Criteria

You must:

  • Be nominated by an eligible government organization
  • Be invited to apply for the visa
  • Have experience in owning and operating a business (Business Innovation stream) or
  • Have at least AUD 1.5 million to invest (Investor stream) or
  • Have at least AUD 5 million to invest (Significant Investor stream) or
  • Have at least AUD 15 million to invest (Premium Investor stream)
  • Meet additional requirements of the relevant stream.

Costs & Visa Fees

Visa Stream
Main Applicant
Adult Dependant
Child Dependant
Investor Visa Charges
AUD 4875
AUD 2440
AUD 1220
Significant Investor Visa Charges
AUD 7150
AUD 3575
AUD 1790
Premium Investor Visa Charges
AUD 8580
AUD 4290
AUD 2145
Entrepreneur Visa Charges
AUD 3670
AUD 1835
AUD 920
Career Overseas Service Charges Please contact our Visa Experts
Australia Sub Class 188 Business Innovation Investment Provisional Visa

Please Note: Career Overseas Pvt. Ltd. is firmly not a placement agency or recruitment agency and we do not provide any guarantee of employment in any manner at domestic and international level.

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