188A/888A Business Innovation Stream

Business Investment Stream (Subclass 188A)

188A visa, known as the Business Innovation Stream，is a temporary visa for those people with business skills allowing you to operate a new or existing business in Australia.

188A Main Advantages

• No English Level requirements;
• Simply need to audit the company’s turnover, minimum investment of $200,000 AU;
• Form of investment flexible;
• Able to carry along family members who meet requirements with the application of residence and corresponding permanent resident visa;
• Visa holder is free to travel to and from Australia；
• During the period of holding the visa, children of the applicant are able to attend Australian public primary or secondary school for free;
• Immigration of the whole family.

188A Basic Eligibility 

• Need to be invited to apply through EOI;
• nominated by an eligible government organisation;
• Under age of 55 years old (unless gained state government exception);
• Previous success in investment history or business.

188A Business Investment Stream Details:

Stay period	Up to 4 years and 3 months
What you can do with this visa	operate a new or existing business in Australia; stay in Australia for up to 4 years and 3 months; apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream.
Requirements	Must: score at least 65 on the points test ; give us proof of your business success (annual turnover, ownership stake); have total net business and personal assets of at least AUD800,000.
Cost	Main Applicant: From $4,985 AUD Sub Applicant: Over 18 years of age: AU $2,495.00 Under 18 years of age: AU $1,245.00
Conditions	Not marry before first entry
Processing times	75% of applications: 19 months 90% of applications 21 months

（Note: above fees are subject to the final fee charged by the Australian Immigration Department）

188A Visa Application Process

888A Business Investment Stream Details

Stay period	Permanent
What you can do with this visa	Continue your business activities started under your Business innovation and investment (provisional) visa. Stay in Australia permanently. Work and study in Australia .
Requirements	Must hold business innovation and investment (provisional) Visa in business innovation stream, a special category visa or in some cases a subclass 457 visa. Meet certain business requirements. Have current nomination from Australian state or territory.
Cost	Main Applicant: From $2,405 AUD. Sub Applicant: Over 18 years of age: AU $1,205.00; Under 18 years of age: AU $600.
Conditions	No conditions attached.
Processing times	Unavailable due to low volume of applications.

（Note: above fees are subject to the final fee charged by the Australian Immigration Department）

888A Visa Application Process