Navigating the world of business migration can be tricky. It’s often hard to know if you qualify. There are several categories you might fit into. Usually, you need approval from a state before you apply. To check if you’re eligible, it’s best to set up a meeting.
188A Visa (Business and Innovation Stream)
This visa is for established business owners or investors from other countries. It’s for those ready to invest in a new or existing Australian business or in government bonds of an Australian state or territory.
188B Visa (Investor Stream)
The significant investor visa is for foreigners ready to invest a minimum of $5 million in Australia for four years. This investment should be in approved areas. The good news is there’s no age or English language requirement.
188C Visa (Significant Investor Stream)
This option is for individuals prepared to invest at least AUD 5 million in significant, approved investments in Australia. This visa is for those who plan to stay active in business or investment there. You can get nominated by a state, territory, or the Australian Trade Commission.
188D Visa (Premium Investor)
The Premium Investor visa is for those who can invest at least AUD 15 million in high-value investments in Australia. Like the Significant Investor stream, this visa is for people wanting to keep their business and investment activities in Australia. The Australian Trade Commission must nominate you.
188E Visa (Entrepreneur Stream)
This is for entrepreneurs with at least AUD 200,000 funding from a third party. The aim should be to commercialize a product or service in Australia or develop a business there. You must be nominated by a state or territory government.
888 Visa (Permanent Business Innovation and Investment)
This is the second phase of the Business Innovation and Investment visa. After holding the 188 provisional visa for the required time and meeting all criteria, you can apply for this permanent visa.
Processing Times for Business Visas
The time it takes to process these visas varies. Several factors play a role. Click here for more details.
188 A & B Points Test (Business Innovation)
Use this test to calculate your points and check if you’re eligible for these visas.
