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Business & Investment Visa Australia (Subclasses 188, 888 & 132 Visa)

What are Business & Investment Visas (188, 888 & 132)?

Business & Investment Visas (Subclasses 188, 888 & 132) are visa categories in Australia designed for individuals interested in establishing or investing in businesses within the country. These visas provide pathways to temporary and permanent residency for eligible business owners, investors, and entrepreneurs.

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Subclass 188 Visa
Subclass 888 Visa
Subclass 132 Visa
Eligibility for the Business & Investment Visas (188, 888 & 132)
Subclass 188 Visa
Subclass 888 Visa
Subclass 132 Visa
Key Features of Business & Investment Visas
(188, 888 & 132) for Australia

Pathways to Temporary and Permanent Residency

These visas offer opportunities for temporary and permanent residency in Australia.

Multiple Visa Streams

Different streams cater to specific business and investment profiles.

State or Territory Nomination

Some streams require nomination by a state or territory government.

Investment and Business Requirements

Specific criteria include minimum investment amounts, business turnover thresholds, and demonstrated experience.

Flexibility in Investment Options

Various investment options are available, such as business ownership and designated investments.

Permanent Residency Pathways

Temporary visas can lead to permanent residency through the Subclass 888 Visa or direct pathways through the Subclass 132 Visa.

Access to Australian Business Environment

Visa holders can benefit from networking opportunities and market access.

Benefits of Living and Working in Australia

Enjoy lifestyle, healthcare, education, and social benefits.

State and Territory Support

Additional support provided by state or territory governments.

Health and Character Requirements

Applicants must meet health and character criteria set by the Department of Home Affairs.

SC 188 – Business Innovation and investment Visa (Provisional)
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. Generally, you would need to be nominated by a State or Territory government agency or an Austrade, along with an invite to apply for the visa. You would need to submit an Expression of Interest in order to get an invitation. This visa has the following streams:

This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia for five years. If eligible, you will be able to apply for a permanent visa later. To be able to get this visa, you must be nominated by an Australian State or Territory government agency and must have been invited to apply for the visa.

You must provide proof of your business success such as annual turnover, ownership interest, etc. You or your partner or both will need to provide proof that you hold total net business and personal assets or at least AUD1.25 million if you were invited to apply for this visa on or after 1 July 2021 Or AUD800,000 if you were invited to apply for this visa before 1 July 2021. In addition to this, you must be under 55 years of your age. You must score at least 65 points on the points test. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 15 to 34 months. A visa application for this visa will cost AUD 6,270. Under this visa you must comply with condition 8515.

This provisional visa requires you to invest at least AUD 2.5 million in Australia. It lets you carry out an investment activity in Australia for five years. If eligible, you will be able to apply for a permanent visa later. To be able to get this visa, you must be nominated by an Australian State or Territory government agency to invest AUD 2.5 million that meets certain requirements if you were invited to apply on or after 1 July 2021 or AUD 1.5 million in an Australian State or Territory if you were invited to apply before 1 July 2021. You will also need to show net business, investment, and personal assets of at least AUD 2.5 million. In addition to this, you must be under 55 years of your age. You must score at least 65 points on the points test. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 23 to 38 months. A visa application for this visa will cost AUD 6,270. Under this visa, you must comply with condition 8515.

This provisional visa is for people who are able to invest at least AUD 5 million in Australian investments that meet certain requirements and maintain investment activity in Australia. It lets you carry out an investment activity in Australia for five years. If eligible, you will be able to apply for a permanent visa later on. To be able to get this visa, you must be nominated by an Australian State or Territory government agency to invest AUD 5 million that meets certain requirements and have the genuine intention to hold that investment for the life of your provisional visa.

You must meet the minimum functional English language proficiency requirement. You must meet the health and character requirement. The processing time may vary from 07 to 24 months. An application for this visa will cost AUD 9,195. Under this visa, you must comply with conditions 8515 and 8557.

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.

This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in Australia for up to 4 more years.

This provisional visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions. With this visa, you can stay in Australia for up to 4 years and 3 months. If eligible, you will be able to apply for a permanent visa later.

To be able to get this visa, you must be nominated by an Austrade to invest AUD 15 million that meets certain requirements. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time is not available for this visa. A visa application for this visa will cost AUD 9,455. Under this visa you must comply with conditions 8515 and 8557.

For start-up and early-stage entrepreneurs who have been endorsed to develop their concepts and been nominated by a State or Territory government agency. With this visa, you can stay in Australia for up to 4 years and 3 months. If eligible, you will be able to apply for a permanent visa later on. To be able to get this visa, you must be nominated by an Australian State or Territory government agency to undertake, or propose to undertake, a complying entrepreneur activity in Australia and show them a business plan for your entrepreneurial activity.

You must meet the minimum competent English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 03 to 09 months. A visa application for this visa will cost AUD 4,240. Under this visa, you must comply with conditions 8515 and 8571.

SC 888 Business innovation and Investment (Permanent visa)

This visa is a permanent residency visa for those who hold a four-year provisional subclass 188 visa and are looking to continue to own and manage a business or an investment activity in an Australian state or territory. You are required to have the subclass 188 visa in the Business Innovation stream or SC 444 special category visa or SC 457 Business long stay visa. This visa has the following streams.

This visa lets you live permanently in Australia. It requires you to hold the visa SC 188 under Business Innovation and Investment stream for 3 years (If you were invited to apply after 1st Jul 2021) or SC 457 or SC 444. You must have been nominated by an Australian state or territory government agency and must have been invited to apply. You must have an ongoing business in Australia with an annual turnover of at least AUD 300,000. You must meet the assets and employee requirements.

You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements.

The processing time may vary from 23 to 29 months. A visa application for this visa will cost AUD 3,025. This visa comes without any conditions.

This visa lets you live permanently in Australia. It requires you to hold the visa SC 188 under Business Innovation and Investment stream for 3 years (If you were invited to apply after 1st Jul 2021). You must have been nominated by an Australian state or territory government agency and must have been invited to apply. You must have met the ‘complying significant investment” requirement of AUD 2.5 million and must have met the ‘designated investment’ requirements. Apart from this, you are required to meet residency and commitment requirements. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 22 to 26 months. An application for this visa will cost AUD 3,025. Under this visa, you must comply with condition 8515.

This visa lets you live permanently in Australia. It requires you to hold the visa SC 188 under Business Innovation and Investment stream for 3 years (If you were invited to apply after 1st Jul 2021). You must have been nominated by an Australian state or territory government agency and must have been invited to apply. You must have met the ‘complying significant investment’ requirement of AUD 5 million. Apart from this, you are required to meet residency and commitment requirements. You must meet the minimum functional English language proficiency requirement along with health and character requirements. The processing time may vary from 25 to 29 months. An application for this visa will cost AUD 3,025. Under this visa, you must comply with condition 8515.

This visa lets you live permanently in Australia. It requires you to hold the visa SC 188 under Entrepreneur stream for 3 years (If you were invited to apply after 1st Jul 2021) or SC 188 Business innovation stream if applied before 1st Jul 2021. You must have been nominated by an Australian state or territory government agency and must have been invited to apply. You will need to provide a record of successful entrepreneurial activities. Apart from this, you are required to meet residency and commitment requirements. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 20 to 27 months. A visa application for this visa will cost AUD 3,025. Under this visa you must comply with condition 8515.

SC 132 Business Talent (Permanent visa)

This visa lets you live permanently in Australia. It allows you to establish a new business or develop an existing business in Australia. Generally, you will need to meet the funds and assets requirement. This visa has two sub-streams: Significant Business History Stream and Venture Capital Entrepreneur Stream.

This visa lets you live permanently in Australia. It is for people with ownership interests in large businesses. You must have been nominated by an Australian state or territory government agency. To be eligible to apply, you must have assets of AUD 1.5 million and a business turnover of AUD 3 million. You must be under 55 years of age. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 16 to 40 months. A visa application for this visa will cost AUD 7,855. Under this visa, you must comply with condition 8515.

This visa lets you live permanently in Australia. It is for people who have access to venture capital funding of at least AUD 1 million. You must have been nominated by an Australian state or territory government agency. You must meet the minimum functional English language proficiency requirement. You must meet health and character requirements. The processing time may vary from 15 to 40 months. A visa application for this visa will cost AUD 7,855. Under this visa you must comply with condition 8515.

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FAQs

The Subclass 188 Visa offers streams such as Business Innovation, Investor, Significant Investor, and Premium Investor. Each stream has specific criteria and requirements.

Yes, some streams under the Subclass 188 and Subclass 132 Visa require nomination by a state or territory government or endorsement by Austrade.

  1. Create an online account
  2. Select the visa type
  3. Fill in the Australian visa form
  4. Attach the required documents
  5. Pay the application fee
  6. Submit the application
  7. Wait for the outcome

In order to save time and effort and avoid rejection, we always recommend applying through our Registered Migration Agents.

Book a FREE 30-minute consultation with one of our migration agents to discuss the process further.

Each visa stream has specific investment and business requirements, including minimum investment amounts, business turnover thresholds, and relevant experience.

Yes, the Subclass 888 Visa provides a pathway to permanent residency for individuals who have met the requirements of their temporary visa under Subclass 188.

There are no specific age limits for most streams, but some streams may have age restrictions or requirements.