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Business Visa 
Australia’s business visa programme is known for its broad and flexible approach, which accommodates a variety of business endeavours. Australia’s business visa programmes offer a route for people with various business goals, from startups and innovation to existing businesses and strategic investments.
188 (Business Innovation and Investment (Provisional)) Visa
The Subclass 188 (Business Innovation and Investment (Provisional)) Visa enables individuals to own and manage a business, conduct business and investment activities, or undertake entrepreneurial endeavours in Australia. To qualify, applicants must submit an Expression of Interest (EOI) in SkillSelect*, receive a nomination from a State/Territory government agency or Austrade, and obtain an invitation to apply. The visa offers various streams, including Business Innovation Stream, Investor Stream, Significant Investor Stream, Business Innovation Extension Stream, Significant Investor Extension Stream, Premium Investor Stream, and Entrepreneur Stream.
- 188A (Business Innovation Stream) Visa – The Business Innovation and Investment (Provisional) Visa (Subclass 188A) in the Business Innovation Stream allows skilled business individuals to operate a business in Australia for up to 5 years, with eligible family members. To apply, one must submit an Expression of Interest, be nominated by an Australian state or territory, and receive an invitation. Criteria include being under 55, scoring at least 65 on the points test, owning assets, having a successful business career, demonstrating English proficiency, and no history of unacceptable activities. Successful applicants can then apply for the Business Innovation and Investment (Permanent) Visa (Subclass 888) in the Business Innovation stream.
- 188B (Investor Stream) Visa – The Subclass 188B (Investor Stream) Visa is a provisional visa requiring a minimum AUD 2.5 million investment in compliant Australian ventures. Holders must sustain business or investment activities in Australia, allowing a 5-year stay with family inclusion. Eligible individuals can apply for the permanent Business Innovation and Investment (Permanent) Visa (Subclass 888) (Investor stream) by meeting criteria. Application submission includes an Expression of Interest, receiving nomination, and possessing personal and business assets. Additional prerequisites involve minimum points score of 65, genuine intent to reside in the designated area, age under 55, and functional English proficiency.
- 188C (Significant Investor Stream) Visa – The Subclass 188C (Significant Investor Stream) Visa is a provisional visa requiring a minimum AUD 5 million investment in compliant Australian ventures. It allows a 5-year stay with the expectation of maintaining business or investment activities. Eligible individuals meeting specific criteria can apply for the permanent Business Innovation and Investment (Permanent) Visa (Subclass 888) (Significant Investor stream). The application process involves submitting an Expression of Interest, followed by acceptance, nomination, and an invitation to apply from the Department of Home Affairs. Requirements include a clean history, meeting health and character standards, and proficiency in functional English.
888 (Business Innovation and Investment (Permanent)) Visa
The Subclass 888 (Business Innovation and Investment (Permanent)) Visa facilitates entrepreneurs, investors, and business owners to sustain their business operations in Australia. Eligibility requires holding a relevant stream of the Subclass 188 Visa or, in the Business Innovation Stream, having a relevant stream of the Subclass 188 Visa, a Subclass 444 (Special Category) Visa, or a Subclass 457 (Business (Long Stay)) Visa granted under specific circumstances.
- 888A (Business Innovation Stream) Visa – The Subclass 888A (Business Innovation and Investment (Permanent)) Visa (Business Innovation Stream) allows holders of the Subclass 188 Provisional Visa (Business Innovation or Business Innovation (Extension stream)), Subclass 444 (Special Category) Visa, or certain Subclass 457 (Business (Long Stay) Visa holders to stay permanently in Australia. Eligible applicants must meet criteria such as holding a qualifying visa, receiving a current nomination from a state or territory government agency, owning and managing an Australian business, and having an annual business turnover of a minimum of AUD300,000 in the 12 months immediately before the application was made, fulfilling residence, assets, and employee requirements. Once granted, this visa provides permanent residency with the ability to work, study, access to Medicare, sponsor relatives, travel to and from Australia for five years, and apply for Australian citizenship if eligible.
- 888B (Investor Stream) Visa – The Business Innovation and Investment (Permanent) Visa (subclass 888B) under the Investor stream allows permanent continuation of investment activities in Australia. Benefits include permanent residency, work and study opportunities, access to Medicare, sponsorship for relatives, 5-year travel privileges, and eligibility for Australian citizenship if requirements are met. Family members can be included in the application. Holding a Complying Significant Investment, a Designated Investment, meeting residence requirements, and holding a specific eligible visa is important for eligibility.
- 888C (Significant Investor) Visa – The Business Innovation and Investment (Permanent) Visa (Significant Investor stream) (subclass 888C) allows for permanent investment activities in Australia. Key features include permanent residency, the ability to work and study, access to Medicare, sponsorship opportunities for relatives, and five-year travel privileges. Eligibility requirements include a current nomination from a state or territory government agency or Austrade, meeting the residence requirement, maintaining the required investment period, demonstrating a commitment to ongoing business or investment activity in Australia, and holding an eligible visa.
- 888D (Premium Investor Stream) Visa – The Business Innovation and Investment (Permanent) Visa (Premium Investor Stream) (Subclass 888D) allows individuals to sustain investment activities in Australia indefinitely, with family unit inclusion, work and study privileges, Medicare enrolment, and the ability to sponsor relatives. Eligibility requires a current nomination from Austrade, an Expression of Interest submission, and a minimum AUD 15 million investment in a complying premium investment during the grant of the Business Innovation and Investment (Provisional) (Premium Investor Stream). Additional criteria include no involvement in unacceptable business or investment activities and a genuine commitment to continuing business or investment activities in Australia.
- 888E (Entrepreneur Stream) Visa – The Subclass 888E (Business Innovation and Investment (Permanent)) Visa in the Entrepreneur Stream allows individuals, who have held a Business Innovation and Investment (Provisional) Visa (Subclass 188) in the Entrepreneur stream, to stay permanently. This visa enables them to continue entrepreneurial activities initiated under the provisional visa, with additional benefits such as work, study, permanent settlement, 5-year travel flexibility, sponsorship of relatives, and eligibility for citizenship. Compliance with Australian laws is mandatory. Eligibility criteria include holding the required visa, nomination, a successful entrepreneurial track record, meeting residence requirements, and a commitment to ongoing investment and business activities in the country.
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