Australian business visa and investor visa categories

Quick overview of the Australian Business Innovation and Investment (Provisional) visa (subclass 188)

To apply you must be:

Subclass 188 visa are not a permanent visa. They are provisional residence visas for up to 4 years and 3 months, and you must meet the onshore requirements to then apply for and progress to permanent residence

With a SC 188 visa you can:

    • carry out business and investment activity in Australia
    • stay in Australia for up to 4 years and 3 months
    • bring members of your family with you
Visa StreamOverviewKey eligibility Criteria
Business Innovation Stream
  • Provisional Residence visa allows you to operate a new or existing business in Australia
  • You must operate a new or existing business in Australia.
  • You can stay in Australia for up to 4 years and 3 months.
  • You must first be nominated by an Australian state or territory government.
  • score at least 65 on the points test (and be under age 55)
  • Provide evidence of your business success (annual turnover, ownership stake)
  • have total net business and personal assets of at least AUD800,000
  • Processing Time
    75% of applications: 18 months
    90% of applications: 20 months
Investor Stream
  • This provisional residence visa requires you to invest AUD1.5 million in an Australian state or territory and maintain business and investment activity in Australia.
  • Stay Up to 4 years and 3 months.
  • You must invest AUD1.5 million in an Australian state or territory
  • Have net personal assets of AUD2.25 million
  • score at least 65 on the points test (and be under age 55)
  • You must first be nominated by an Australian state or territory government.
  • Processing Time
    75% of applications: 20 months
    90% of applications: 21 months
Significant Investor Stream
  • This visa is for people who invest AUD5 million in Australian investments that meet certain requirements and maintain business and investment activity in Australia.
  • Stay Up to 4 years and 3 months.
  • You must invest AUD5 million in complying significant investments in Australia.
  • You can stay in Australia for up to 4 years and 3 months.
  • You must first be nominated by an Australian state or territory government.
Business Innovation Extension stream
  • This temporary visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream extend their stay for 2 more years.
  • Stay 2 more years
  • If you have had your Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream for at least 3 years you can extend it for 2 more years
  • You can only have held 1 Business Innovation and Investment (Provisional) visa (subclass 188)
Significant Investor Extension Stream
  • This visa lets Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay for 2 more years.
  • Stay Up to 2 years after the expiry of your Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream
  • You must have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream for 3 years
  • You can stay in Australia for up to 8 years in total.
  • You must have a current nomination from an Australian state or territory government.
Premium Investor Stream
  • This visa is for people who are nominated by Austrade and who invest AUD15 million in Australia.
  • Stay Up to 4 years and 3 months
  • You must invest AUD15 million in Australian investments that meet certain requirements
  • You must first be nominated by Austrade on behalf of the Australian government
Entrepreneur Stream
  • This visa lets you carry out entrepreneurial activities in Australia.
  • You can stay for up to 4 years and 3 months.
  • You must have a funding agreement with a third party to carry out entrepreneurial activities.
  • You can stay in Australia for up to 4 years and 3 months.
  • You must first be nominated by an Australian state or territory government.

Research and information

Each of the streams have a specific set of requirements you must follow after visa grant, in order to progress to a permanent residence visa

NEXT STEPS

Register with us and a consultant will then assist you in determining your eligibility for the visa, and will explain all the requirements, costs, and onshore process to progress to permanent residence

 

 

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