Subclass 188A Business Innovation and Investment (Provisional) Visa

Key words: Australia Investment Immigration; Subclass 188A; AUD200,000 million; Business Innovation
Processing times: There are no standard processing times available for this stream.
Residence requirement: The primary applicant or the partner of the primary applicant must have lived in Australia for at least 1 year in the 2 years immediately before the permanent residency visa is applied.
Suitable for:

  1. small and medium-sized business owners
  2. investment plans with higher returns 
  3. small business investment


Introduce

Subclass 188A Gold Medal Project of Australia Business Investment Immigration

Subclass 188A visa in the Business Innovation stream is part of the business skilled immigration, also known as an Australia Investment Immigration visa or Business Immigration visa. This visa is a temporary visa for business people or investors with business skills who wish to operate and develop a new or existing business in Australia. 

Condition

Subclass 188A Gold Medal Project of Australia Business Investment Immigration

1. You must under 55 years old.
2. Score at least 65 points on the points test.

3. For at least two out of 4 financial years, you must have had an ownership stake in 1 or 2 businesses that have at least AUD500,000 turnover in each of those 2 years

4. Whether you have 1 or 2 businesses, you must own at least:

   -  51% of the total value of the business if the business has a turnover of less than AUD400,000 per year
   - 30% of the total value of the business  if the business has a turnover of AUD400,000 or more per year, or
   - 10% of the total value of the business if the business is operated by a publicly listed company

5. You and your partner must have total net personal and business assets of at least AUD800,000.
6. Have a detailed business plan for the establishment, operation and management of a business in Australia 


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Subclass 188A visa in the Business Innovation stream is part of the business skilled immigration, also known as an Australia Investment Immigration visa or Business Immigration visa. This visa is a temporary visa for business people or investors with business skills who wish to operate and develop a new or existing business in Australia. 

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Application process

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Access applicant's eligibility and make a plan ► Submit EOI and state nomination ►  Obtain an invitation to apply ► Provide all required documents ► Provide supporting documents as requested ► Attend an interview or interview waived, undertake health check and apply for police certificates  ► Pay English language course fee ► Obtain visa grant letter ► Enter Australia

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  • Aaron Yeung
    Founding partnership
    Certified public accountant, certified immigration agent. Ernst & Young, formerly one of the big four international accounting firms. I have rich experience in finance and audit compliance of Chinese and Australian enterprises, multinational companies and Australian investment immigrants. As one of the earliest immigration agents approved by the Australian Immigration office in the 1990s, He has more than 20 years of rich immigration experience and is familiar with all kinds of Australian immigrants. Proficient in Chinese, Cantonese, Taiwanese and English.

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