Business Innovation & Investment (Subclass 188)

Startup VisaPath to PR

Provisional visa for business owners, investors, and entrepreneurs. Multiple streams including Business Innovation, Investor, and Significant Investor streams.

Duration

5 years provisional, then permanent (Subclass 888)

Processing Time

12-24 months

Cost

AUD $6,240-$9,455 depending on stream

Requirements

Nomination by Australian state or territory government
Business Innovation: net assets of AUD $1.25M+ and business turnover of AUD $750K+
Investor Stream: AUD $2.5M investment in designated investments
Significant Investor Stream: AUD $5M investment in complying investments
Age under 55 (may be waived for exceptional economic benefit)

Path to Permanent Residence

Transition to permanent Business Innovation and Investment visa (Subclass 888) after meeting requirements during provisional period.