Business Innovation and Investment - Provisional

Business Innovation and Investment (Provisional) (subclass 188) visa

This visa is for people who want to own and manage a new or existing business or to make an investment in Australia. 

The visa has three main streams.

• The Business Innovation stream is for people who want to own and manage a new or existing business in Australia.
• The Investor stream is for people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and want to maintain business and investment activity in Australia after the original investment has matured.
• The Significant Investor stream is for people who are willing to invest at least AUD5million into complying investments in Australia and want to maintain business and investment activity in Australia after the original investment has matured.

Business Innovation and Investment - Permanent

Business Innovation and Investment (Permanent) (subclass 888) visa

This visa is the second stage of the Business Innovation and Investment (Provisional) visa (subclass 188).  It allows you to continue business and investment activity in Australia. You can apply for it after you have fulfilled the requirements of your provisional visa.

The visa has three streams:

• The Business Innovation stream is for people who continue to own and manage a business in Australia
• The Investor stream is for people who want to maintain business and/or investment activity in Australia after the designated investment has matured
• The Significant Investor stream is for people who are willing to maintain business and investment activity in Australia after the original complying investment has matured.

See: SkillSelect

Business Talent (subclass 132) visa

This visa is for affluent owners or part owners who want to have a major management role in a new or existing business in Australia, or for people who have obtained at least AUD1 million in funding from an Australian venture capital firm.