Australian Business Innovation & Investment Subclass 188 visas for those business owners and investors who want to established existing business in Australia.
The Business Innovation and Investment visa (Subclass 188) is a temporary visa for applicants who want to own or manage a new or existing business in Australia. It also serves as a first step towards being eligible for a permanent Business Skills visa.
To be eligible for 188 visa, you must:
If you are nominated by an Australian state or territory government and want to establish, manage new or existing business, you can apply for the visa under this stream.
If you are willing to make a designated investment of at least AUD 1.5 million in an Australian state or territory and maintain business activity in Australia, you can apply for the visa under this stream.
If you are willing to invest at least AUD 5 million into complying significant investments in Australia and maintain business activity in Australia, you can apply for the visa under this stream.
If you are willing to invest at least AUD 15 million into complying premium investments in Australia and maintain business & investment activity in Australia, you can apply for this visa under this stream.
If you have a funding agreement from a third party of at least AUD 200,000 to undertake a complying entrepreneur activity either for the commercialisation of a product of service in Australia or the…
Fees: $750
Processing Time: Relatively quick
Preferred Industries:
Restricted Industries:
Fees: No Fees
Processing Time: Relatively quick
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries:
Fees: $500-$750
Processing Time: Relatively quick
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries: On-selling imports (obtaining goods from other states to sell in SA)
Fees: $550-$750
Processing Time: Relatively quick
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries:
Fees: $820-$1270 + GST
Processing Time: 1-4 Weeks
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries:
Fees: $600-$1100
Processing Time: 4 Weeks
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries:
Fees: No Fees
Processing Time: 4 Weeks
Preferred Industries: Of direct economical benefit to local state/territory via entrepreneurial activity (entrepreneurial streams only)
Restricted Industries:
Fees: No Fees
Processing Time: Relatively quick, but must meet with Migration Tasmania first
Preferred Industries:
Restricted Industries: