Business Innovation and Investment Visa

This visa allows you to own and manage a business in Australia, conduct business and investment activity in Australia or undertake an entrepreneurial activity in Australia.


It includes the following streams:



Business Innovation Stream


This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia.




Investor Stream


This provisional visa requires you to invest at least AUD2.5 million in Australian investments that meet certain requirements and maintain business or investment activity in Australia.




Significant Investor Stream


This provisional visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.




Business Innovation Extension Stream


This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream extend their stay in Australia.




Significant Investor Extension Stream


This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in Australia




Business Innovation and Investment (Permanent) Visa


This visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, or holders of some certain category visa, stay permanently in Australia.