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Business Migration

The Business Innovation and Investment (Provisional) visa (subclass 188) allows you to own and manage a business, and conduct business and investment activities in Australia.

 

A provisional visa is a temporary visa that could lead to permanent residency if you meet certain requirements.

188A

Business Innovation Stream

  • This visa allows you to own and manage a business, conduct business and investment activities, and other entrepreneurial activities in Australia.

  • ​It is a provisional visa for those with outstanding business capacities who want to establish, develop and manage a new or existing business in Australia.

  • You must be nominated by a state or territory government.

  • You must meet at least 65 on the points test.

188B

Investor Stream

  • This visa is a 5-year temporary visa, for people who are willing to invest at least AUD 2.5 million in Australia meet certain requirements, and maintain business and investment activities in Australia.

  • After maintaining an investment in Australia for 4 years, you can apply for permanent residency through the Business Innovation & Investment (Permanent) (subclass 888) visa.

  • You can either be in Australia or overseas to apply for this visa

  • You must meet at least 65 on the points test.

188C

Significant Investor Stream

  • This visa is for people who are willing to invest AUD 5 million in Australia meet certain requirements and maintain business and investment activities in Australia.

  • With this visa, you can carry out business and investment activities in Australia, stay in Australia for up to 4 years and 3 months, and apply for the Business Innovation and Investment visa (Permanent) (subclass 888) (Significant Investor stream).

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