Australia Business Innovation and Investment Visa (Subclass 188)

The subclass 188 is a provisional visa for business owners and investors seeking to establish business activities in Australia.

188 Streams

188A - Business Innovation

• For business owners
• Net assets: AUD $1.25M
• Business turnover: AUD $750K
• Points tested: 65 points

188B - Investor

• For investors
• Investment: AUD $2.5M in complying investments
• 3 years investment management experience
• Points tested: 65 points

188C - Significant Investor

• Investment: AUD $5M in complying investments
• No age limit
• No points test
• No English requirement

188E - Entrepreneur

• Funding from approved source
• AUD $200K minimum funding
• Innovative business idea
• Endorsement required

General Requirements

Common to All Streams

• State nomination
• Genuine intention
• Health and character
• No outstanding debts to Australia

Points Test (188A & 188B)

• Age
• English ability
• Qualifications
• Business experience
• Net assets
• Business turnover
• Innovation/investment history

Pathway to PR (Subclass 888)

After meeting provisional requirements:

• Business establishment (188A)
• Investment maintenance (188B, 188C)
• Business success criteria
• Residency requirements

Processing Times

• 188A: 18-24 months
• 188B: 18-24 months
• 188C: 12-18 months
• 188E: 12-18 months

Contact Zafco for business visa guidance.