188B Business Innovation stream

188B Investor Stream is a 4-year temporary visa, for people who want to make a designated investment in an Australian state or territory. After maintained an investment in Australian for 4 years, the applicant can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa. The applicants can either be in Australia or overseas to lodge this visa.

Suitable for:

188B Investor Stream suitable for people who are willing to invest $1.5 million in an Australian State or Territory bonds.

Eligibility:

1. Under 55 years of age, unless the nominating state or territory certifies that the applicant will make an exceptional economic benefit; and

2. Score at least 65 at Innovation Points Test.

3. Equip good manage skills and eligible business investment skills.

4. At least 3 years’ experience managing one or more qualifying businesses or eligible investments.

5. Have a successful business career.

6. You must have a genuine intention to live for at least 2 years in the state or territory in which you have made an investment.

7. A qualifying business in which you, your partner or you and your partner combined had at least 10% ownership interest, or eligible investments owned by you, your partner or you and your partner combined of at least AUD1.5 million.

8. During the 2 fiscal years immediately before we invite you to apply, have legally acquired net business, investment and personal assets of at least AUD2.25 million. These must be available for legal transfer to Australia within 2 years of the visa being granted.

9. Make an investment of AUD1.5 million in your nominating state or territory

10. You must have had no involvement in unacceptable activities.

Apply Process

step1. Connect us, submitting assessment form
step2. MEA to help you to design your application scheme
step3. Submitting EOI and nomination application
step4. Be invited and nominated
step5. Submitting visa documents
step6. Interview Preparation
step7. Health checks
step8. Getting 188A four years visa
step9. Making your required investment
step10. Applying for 888 Permanent Resident Visa and gettting permanent resident visa

188B Transfer to 888

1. The applicant has been in Australia on subclass 188A VISA for at least 2 years, within the 4 years prior to lodgement;

2. Invested at least $ 1.5 million and maintained the investment in Australia State or Territory bonds for the last 4 years.

MEA – 188B Business Stream Points Calculator

Factor Description
Age 18-24 years25-32 years33-39 years40-44 years45-54 years55 and older
Language Ability Not capableIELTS TEST Not Lower than 5IELTS TEST Not Lower than 7
Educational Qualifications Not applicableAustralian trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an education institution of a recognised standardBachelor degree in business, science or technology by an Australian institution; or a bachelor qualification by an education institution of a recognised standard
Special endorsement The nominating state or territory government agency could decide that your proposed business is of unique and important benefit to the state or territory where the nominating government agency is located
Financial Assets (Net business and personal assets of you, your partner or you and your partner combined in each of the preceding two years of at least:) AUD800,000AUD1.3 millionAUD1.8 millionAUD2.25 million
Business turnover (Annual turnover in your main business during a period of at least two years of the preceding four fiscal years of at least:) AUD500,000AUD1 millionAUD1.5 millionAUD2 million
Investor experience (Eligible investment of at least AUD 100,000 held for:) Not applicableAt least 4 years before the time of invitation to apply for the visaAt least 7years before the time of invitation to apply for the visa
Business innovation qualifications at the time of invitation to apply for the visa Not applicableEvidence of registered patents or registered DesignsEvidence of registered trademarksEvidence of formal joint venture agreementsEvidence of export tradeEvidence of ownership interest in a gazelle businessEvidence of receipt of grants or venture capital Funding
State or territory nomination Special endorsement (limited places)
Total
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