About Visa 188
The Business Innovation and Investment visa (Subclass 188) is a temporary visa for applicants who want to own or manage a new or existing business in Australia. It also serves as a first step towards being eligible for a permanent Business Skills visa.
Common Criteria
To be eligible for 188 visa, the applicant must:
- Be under 55 years of age
- Be nominated by Australian state or territory government
- Submit an Expression of Interest and be invited to apply from the Department of Home Affairs
- Have health examinations done within 12 months of applying for the visa
- Have police certificate from each country lived in for 12 months or more of the past 10 years to demonstrate character history
- Be free from any outstanding debts to the Australian government
- Sign an Australian Values Statement (if the age is 18 or older)
VISA STREAMS
Different Visa Stream Under Subclass 188 Business Innovation and Investment visa.
Business Innovation Stream
If you are nominated by an Australian state or territory government and want to establish, manage new or existing business, you can apply for the visa under this stream.
Investor Stream
If you are willing to make a designated investment of at least AUD 1.5 million in an Australian state or territory and maintain business activity in Australia, you can apply for the visa under this stream.
Significant Investor Stream
If you are willing to invest at least AUD 15 million into complying premium investments in Australia and maintain business & investment activity in Australia, you can apply for this visa under this stream.
Premium Investor Stream
If you are willing to invest at least AUD 15 million into complying premium investments in Australia and maintain business & investment activity in Australia, you can apply for this visa under this stream.
Entrepreneur Stream
If you have a funding agreement from a third party of at least AUD 200,000 to undertake a complying entrepreneur activity either for the commercialisation of a product of service in Australia or the...
What People Are Saying About Visafast
“The best part was the fact that everything was taken care of. I provided the information asked of me by Mr. Deepak Panchal and Ms. Mudra Sanghvi and he took care of the rest. The speed of the application was faster than I ever imagined and I would recommend Visafast to anyone thinking of applying for a Business Visa. I bombarded Mr. Deepak Panchal with every question I could think of and he answered every one in great detail. I want to thank Deepak & Mudra for his hard work and will definitely recommend him for Business visa process. ”
RIMMI SINGH ( Business Innovation Stream )
“I am really happy with the service we obtained and wouldn’t hesitate to recommend Visafast Migration Consultancy to anyone thinking of making the same decision. The information you are presented with regarding the evidence you need to provide is clear and easy to understand. I like the way all the documentation is gathered right at the beginning of the process. Ms. Mudra Sanghvi has excellent knowledge for Business visa. Mr. Deepak Panchal also helped us to create our new company in Australia with detailed clarifications. ”
GAUTAM PATEL ( Investor Stream )
Why Choose Visafast Migration Consultancy
Experience
We strive to ensure your dreams of working in, living in or exploring Australia become reality. We are dedicated to making this possible.
Value For Money
Value For Money
You can also count on reasonable professional fees with no hidden “extras”.
Qualified Team
Qualified Team
Visafast continues to build a reputation as winners. Exceeding your expectations is our passion, and we take our passion very seriously.
Free Online Visa Assessment
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