Investor Stream - Business Innovation and Investment visa (subclass 188)

The Investor Stream of the Business Innovation and Investment visa (subclass 188)

The Investor stream of the Business Innovation and Investment visa (subclass 188) provides a pathway to permanent residency for business people who want to own and manage a business in Australia, or make an investment here.

At the time that you are invited to apply for this visa, you must:

  • be under 55 years of age
  • score at least 65 on the innovation points test
  • be nominated by an Australian State or Territory government agency, and genuinely intend to live in that State or Territory for at least two years.

At the time that you are invited to apply for this visa:

  • you must have a high level of skill (and a successful record) in managing eligible investments and/or qualifying businesses;
  • you must have a minimum of three years of direct involvement in the management of at least one qualifying business or eligible investment;
  • you (and your spouse/de facto partner) must have had no involvement in unacceptable business or investment activities;
  • in at least one out of the last five financial years, you directly managed
  • eligible investments owned by you (and/or your spouse or de facto partner) totalling at least AU$1.5 million OR
  • a qualifying business, where you (and/or your spouse or de facto partner) owned at least 10% of the business’s total value).

You must make a designated investment of at least AU$1.5 million in a government security in the State or Territory that nominates your application.

You must be prepared to hold this investment for at least four years, and you must be committed to maintaining business or investment activity in Australia after this investment matures.

During the two financial years immediately before you are invited to apply, you (and/or your spouse or de facto partner) must have personal and business assets with a net value of at least AU$2.25 million. These assets must have been legally acquired and must be available for legal transfer to Australia within two years of the date that your visa is granted.