Business Innovation, Investor and Significant Investor- The Business Innovation and Investor Visa program allows eligible professionals to own, manage a new or existing business or to make an investment in Australia. The program is comprised of two stages: a provisional Subclass 188 Visa and a permanent Subclass 888 Visa.
The provisional Subclass 188 visa has three main streams:
- The Business Innovation stream is for people who propose to own and manage a new or existing business in Australia.
- The Investor stream is for those wishing to make a designated investment of at least AUD 2.5 million in an Australian state or territory and to maintain business and investment activity in Australia after the original investment has matured. You may extend a futher 2 years on this visa.
- The Significant Investor stream is for people who are willing to invest at least AUD 5 million into complying investments in Australia and to maintain business and investment activity in Australia after the original investment has matured. You may extend your visa for a futher 4 years on this stream.
- Premium investor stream is for people who are willing to invest 15 million in Australian investment and /or philathropic. Applicants must be nominated by Austrade before applying.
- Entrepreneur stream is for start up and early stage entrepreneurs who have been endorsed to develop their concepts nominated by Australian State or Territory.
