Business Innovation and Investment 188

Business Innovation and Investment (Provisional) Visa SUBCLASS 188

Subclass 188 VISA is for you if you want to own and manage a business in Australia and if you need to manage a business in Australia.

There are multiple streams in which you can apply:

Business Innovation Stream (Subclass 188)

For all those creative and entrepreneurial minds out there, this is the stream they can apt for.

This stream is for people who are willing to work on any existing business or would like to create some new business in Australia.

What is Business Innovation Stream (Subclass 188) and how does it help?

  • You can create a new business in Australia or work on the existing one.
  • It allows you to stay in Australia for 4 years and 3 months.

Under Business Innovation and Investment (Provisional) Visa Benefits If you are eligible, you can also apply for a permanent Business that comes under Subclass 888.

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Investor Stream (Subclass 188)

When it comes to price, this VISA becomes heavy. Investor Stream allows you to apply for a Subclass 188 VISA only if you invest 1.5 million in some Australian State and keeping the investment stable throughout.

What is Investor stream? How does it help?

  • With this stream, you can continue your pre-existing business and make the worth of your time.
  • The period for staying is the same as Business Innovation Stream i.e. 4 years and 3 months.

Significant Investor Stream Subclass 188

The amount of investment in Significant Investor Stream increases from 1.5 Million to 5 Million.
This temporary VISA allows you to stay only if you invest at least 5 million in Australian Dollars and sustain it.

What is a Significant Investor stream? How does it help?

  • This VISA allows you to carry out your existing business in Australia.
  • The stay stays same i.e. 4 Years 3 Months
  • This VISA also allows you to apply for a permanent BUSINESS VISA if you meet the eligibility criteria.

Business Innovation Extension Stream

This is just an extended version of the Business Innovation Stream of the Business Innovation and Investment VISA. This VISA gives the holder an extension of staying in Australia for 2 more years.

What is Business Innovation Extension Stream? How does it help?

As in previous Business Innovation and Investment VISA stream this allows operating in Australia for both pre-existing and new businesses

  • The duration for staying is 6 years.
  • Apply for a permanent VISA if you are eligible enough.

Premium Investor Stream Subclass 188

This is the premium version of Investor Scheme in Business and Innovation. This VISA can be applied by investors investing an amount of at least 15 Million Dollars in AUS state.

What is Premium Investor Stream Subclass 188? How to apply for it?

  • Take advantage of working and Investing Sustainably in Australia
  • Time Duration to stay: 4 Years and 3 Months

Entrepreneur Stream

This Stream of the Subclass 188 VISA lets you perform and continue the entrepreneurial journey in Australia.

What is Entrepreneur Stream? How does it help?

  • Stay and continue being an Entrepreneur in Australia.
  • You can continue living and performing entrepreneurial activities for 4 years and 3 months.

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