Business Innovation and Investment (Provisional) Visa
The 188 visa is for people looking to live and do business in Australia. After submitting your application, you receive an invitation to apply to get nominated by the relevant government authority.
188 Visa Streams
Choose the stream that best matches your investment goals
Business Innovation Stream
A points-based, multiple-entry visa for operating a new or existing business in Australia.
Eligibility Requirements:
- Have a nomination from a State or Territory
- Turnover of AUD750,000 in 2 of the 4 fiscal years before the invitation (if invited on or after 1 July 21)
- You, your partner, or both must have AUD1.25 million in net business and personal assets
- Score a minimum of 65 points on the points test
- Be under the age of 55 (concession for exceptional benefits)
- Fulfil the English, health, and character requirements
Investor Stream
For investors willing to invest a minimum of AUD2.5 million in Australian investments.
Eligibility Requirements:
- State or Territory nomination
- A genuine interest in living for at least 2 years in that state or territory
- At least 3 years of experience in managing a qualifying business or eligible investment
- At least 10% ownership interest in the qualifying business
- At least AUD2.5 million owned by you, your partner, or combined
- Hold the investment for the duration of the visa
- A minimum of 65 points on the points test
Investment Breakdown:
- AUD500,000 in funds that invest in start-ups and small companies
- AUD750,000 in managed funds that invest in emerging companies
- AUD1.25 million in managed funds
Entrepreneur Stream
Open to start-ups and early-stage entrepreneurs.
Eligibility Requirements:
- Submit an expression of interest (EOI) for nomination by a State or Territory
- Be involved in or looking to be involved in a complying entrepreneur activity
- The activity must not relate to residential property, hiring labour, or purchasing an existing enterprise or franchise
Significant Investor Stream
This investment visa comes with a requirement of AUD5 million.
Eligibility Requirements:
- Nomination from Austrade, State, or Territory
Investment Breakdown:
- AUD1,000,000 in funds investing in start-ups and small businesses
- AUD1.5 million in emerging companies on the Australian Stock Exchange
- AUD2.5 million in managed funds
Premium Investor Stream
For people interested in investing a minimum of AUD15 million in Australian investments or philanthropic contributions.
Eligibility Requirements:
- Submit an expression of interest (EOI) to receive a nomination from Austrade
Investment Options:
- Australian securities exchange listings
- Government, semi-government, or corporate bonds or notes
- Private limited companies
- Property
- Deferred annuities
- Government-approved philanthropic contribution
188 Visa Extensions
Visa extensions are available for business innovation investor visas
Business Innovation Extension
Allows business innovators to stay for up to 2 more years
Significant Investor Extension
An extension of up to 4 more years is available
Book Your 188 Investor Visa Consultation Today
Get expert guidance on your visa application. Our experienced consultants will assess your eligibility and guide you through the entire process.
Call Us
Australia: +61 02 8294 4354
India: +91 9810605697
Email Us
Australia: nishant.malik@ozreach.com.au
India: Angelina@ozreach.com.au
Our Offices
Australia: Unit 405/33 Lexington Drive, Bella Vista NSW, 2153
India: H 54, Sector 62, Electronic City, Noida
Response Time
We respond within 24 hours