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.

The 188 can lead to the subclass 888 which gives permanent residency.

There are 5 eligibility streams:

A. Business Innovation – for business owners seeking to establish business operations in Australia.

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B. Investor – for people who are willing to invest $1.5 million in an Australian State or Territory and maintain business and investment activity in Australia.

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C. Significant Investor – for people who are willing to invest $5 million into complying investments in Australia and maintain business and investment activity in Australia.

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D. Premium Investor – for people with significant funds who are willing to invest at least $15 million into complying premium investments in Australia and maintain business and investment activity in Australia.

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E. Entrepreneur – for people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity.


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