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

This visa allows you to:

• own and manage a business in Australia (the Business Innovation stream)

• Conduct business and investment activity in Australia (the Investor stream, the Significant Investor stream and the Premium Investor stream).

• Undertake an entrepreneurial activity in Australia (Entrepreneur stream).

Eligibility Requirements

You might be able to get this visa if:

• you are nominated by a state or territory government or Austrade on behalf of the Australian government

• you are invited to apply

• you (and all members of your family unit ) meet certain health and character requirements

• you meet the additional requirements for the stream in which you apply.

How to Apply?

You must submit an Expression of Interest (EOI) through SkillSelect and be nominated by a state or territory government or Austrade on behalf of the Australian government before being invited to apply for this visa.

This visa has five streams:

• Business Innovation stream

• Investor stream

• Significant Investor stream

• Premium Investor stream

• Entrepreneur stream