BUSINESS VISAS
Business Innovation and Investment (Provisional) Visa — Subclass 188B
The Business Investment Visa (subclass 188B) is a temporary visa for applicants who invest in an Australian State or Territory, typically for up to four years, and requires nomination by a State or Territory government. If investment conditions are maintained for four years, this can lead to eligibility for a permanent business visa.
The process is complex. Our registered migration agents can guide you through points assessment, nomination, evidence and timing to maximise your chances of success.
Highlights
- Invest AUD 1.5 million in an Australian State or Territory (stream conditions apply).
- Points‑tested stream; minimum 65 points.
- Minimum net business and personal assets and investments of AUD 2.25 million.
- At least three years’ experience managing a qualifying business or high‑level investments.
- Genuine intention to live in the nominating State/Territory.
- Functional English, and meet character and health requirements.
- Australian Values Statement, no debts to the Australian Government, and no adverse visa history.
Key Eligibility & Process
- Submit an Expression of Interest (EOI) via SkillSelect and seek State/Territory nomination.
- Prepare supporting documents (identity, English, health, character, financials, investment history).
- Lodge the online visa application via ImmiAccount when invited.
- Complete follow‑ups: health exams, biometrics, investment placement, second instalments, add family as needed.
- Await decision. If granted, you’ll receive details including grant number and visa start date.
- If refused, you’ll be notified of reasons and review rights where applicable.
