Subclass 188 Business Visa
Business Innovation & Investment Subclass 188 visas are for investors and business owners who wish to establish business operations in Australia. The visa is valid for 4 years.
There Are 5 Eligibility Streams:
188A VISA (BUSINESS INNOVATION STREAM)
This visa is for successful business owners or investors from overseas who are willing invest in new or existing business in Australia or make designated investment in Australia State or Territory government bonds.
Investment: AUD 1.2 million
188B VISA (INVEST STREAM)
This is a 4-year temporary visa. Once you have maintained an investment in Australia for 4 years, you can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa.
Investment: AUD 2.5 million
188C VISA (SIGNIFICANT INVESTOR STREAM)
For people who are willing to invest at least AUD 5 million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or Austrade on behalf of the Australian government.
Investment: AUD 5 million
188D VISA (PREMIUM INVESTOR STREAM)
For people who are willing to invest at least AUD 15 million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.
188E VISA (ENTREPRENEUR STREAM)
For people who have a funding agreement from a third party for at least AUD 200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia. Applicants must be nominated by a state or territory government.