business migration
skilled migration
work permit
The Business Innovation and Investment Visa (Subclass 188) is a provisional (temporary) visa designed for individuals who wish to establish a new business or develop an existing one in Australia. Applicants must invest a designated amount of capital in collaboration with an Australian state or territory government. This visa operates in two stages—starting with a provisional visa and leading to permanent residency.
The Subclass 188 visa is divided into five distinct streams:
Business Innovation Stream
Investor Stream
Significant Investor Stream
Premium Investor Stream
Entrepreneur
Each stream under the Business Innovation and Investment Visa (Subclass 188) has distinct investment thresholds, experience requirements, and benefits. To be eligible, all applicants must be nominated by an Australian state or territory government, or by the Australian Trade and Investment Commission (Austrade), based on their chosen visa stream. These tailored pathways ensure that the right type of investor is matched with the right opportunities in Australia’s growing economy.
The Business Innovation and Investment (Permanent) Visa (Subclass 888) is the second stage of the Business Innovation and Investment Visa (Subclass 188). Once all the requirements of the provisional 188 visa are successfully met, applicants can transition to the permanent 888 visa without needing to submit a new Expression of Interest (EOI). This visa allows holders to continue owning and managing their business or investment activities in Australia with permanent residency benefits.
Right to live in Australia indefinitely
You Work in Australia during your stay
You can travel to and from Australia for five years from the day visa is granted
You can enroll in Medicare Australia’s scheme for health-related care and expenses
You can apply for citizenship if you meet certain requirements
You can sponsor your relatives for permanent residency
Aswad Consultants specializes in Business Immigration Services, offering trusted support to clients worldwide. Our experienced team of Business Immigration Specialists provides expert guidance to individuals planning to start or expand their business in Australia. If you're considering this opportunity, the Business Innovation and Investment Visa (Subclass 188) is an ideal pathway. Partner with us—and let’s turn your business journey into a success story.
At Aswad Consultants, we are dedicated to providing exceptional travel and immigration services. Our team ensures that every journey is seamless and every visa application is handled with care, offering you peace of mind from start to finish.
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