Business Innovation and Investment (Provisional) visa (subclass 188)
Features
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).
Eligibility
You must:
- be nominated by an eligible government organisation
- be invited to apply for the visa
- have experience in owning and operating a business (Business Innovation stream) or
- have at least AUD1.5 million to invest (Investor stream) or
- have at least AUD5 million to invest (Significant Investor stream) or
- have at least AUD15 million to invest (Premium Investor stream)
- meet additional requirements of the relevant stream.
Length of stay
Four years and three months