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Business Innovation and Investment (Provisional) visa – Subclass 188
For entrepreneurs, investors and business owners to continue their activity in Australia.
Basic Eligibility
- hold a relevant stream of the subclass 188 visa or in relation to applications for a subclass 888 visa in the Business Innovation stream, hold a relevant stream of the subclass 188 visa, or a subclass 444 (Special Category) visa, or a subclass 457 (Business (Long Stay)) visa granted in certain circumstances.
Streams
This visa lets holders and certain people who have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, or holders of a subclass 444 (Special Category) visa, or certain holders of a subclass 457 (Business (Long Stay) visa, stay permanently.
- you must apply online
- you must hold a subclass 188 in the business innovation stream,subclass 444 visa or certain holders of subclass 457 visa
- you must be able to show ongoing business involvement
This visa lets you continue your investment activities in Australia permanently.
- you must apply online
- you must hold a subclass 188 in the investor stream
- you must have held a designated investment of AUD1.5 million for 4 years
This visa lets you continue your investment activities in Australia permanently.
- you must apply online
- you must hold a subclass 188 visa in the Significant Investor stream or Significant Investor Extension stream
- you must have held a complying investment of AUD 5 million for 4 years
This visa lets you continue your investment activities in Australia permanently.
- you must apply online
- you must have held a subclass 188 visa in the Premium Investor stream for 12 months
- you must have held a complying investment of AUD15 million for the duration of your subclass 188 visa
This visa lets holders and, in some cases, people who have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream, stay permanently.
- you must have held a subclass 188 visa in the Entrepreneur stream for 4 years
- have lived in Australia for at least 2 years while on the above visa
- you must demonstrate a successful record of entrepreneurial activity in Australia while you held your subclass 188 visa