![Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream](https://www.migrationexpert.com.au/wp-content/uploads/2023/03/188-business-innovation-stream-1.png)
![Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream](https://www.migrationexpert.com.au/wp-content/uploads/2023/03/188-business-innovation-stream-mobile.png)
Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream offers
Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream Eligibility Criteria
To be eligible for this visa, you must:
- score at least 65 on the points test
- provide proof of your business success (annual turnover, ownership interest)
- have a total net business and personal assets of at least AUD1.25 million if you were invited to apply for this visa on or after 1 July 2021, or AUD800,000 if you were invited to apply before 1 July 2021
- be nominated by an Australian State or Territory government agency
- have had an ownership stake in 1 or 2 businesses that had at least AUD500,000 or AUD750,000 turnover in each of the 2 fiscal years immediately before you receive an invitation to apply
- own personal and business assets of at least AUD1.25 million or AUD800,000 depending on when you were invited to apply
- have a successful business career and a genuine desire to continuously own and manage a business in Australia
- be under 55
- have no history of involvement in unacceptable business or investment activities
- have functional English
- meet our health and character requirements
- sign the Australian values statement
- have no debt to the Australian Government
- not have had a visa cancelled or a previous application refused
Business Innovation and Investment Visa (Subclass 188) - Business Innovation stream Application Process
Check your eligibility and apply for a Business Innovation and Investment Visa (Subclass 188) with the help of our expert migration consultants. Simplify the process, and benefit from our services, expertise, guidance, experience, and ongoing support.
What our customers say
about us
Let’s hear their great stories
Book a consultation
Book your Migration Consultation today and take the first step towards your dream life in Australia. Our experts are waiting to guide you every step of the way.
Book a Visa ConsultationAustralian Migration Blog
Explore in-depth insights and expert advice on Australian immigration. Our blog offers valuable information to help you confidently navigate your migration process.
![Is a Migration Agent Worth It? Understanding the Value of Professional Assistance](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/is-a-migration-agent-worth-it-1024x400.jpg)
Is a Migration Agent Worth It? Understanding the Value of Professional Assistance
Updated August 16, 2024
![What Does a Migration Agent Do? A Comprehensive Guide to Their Role in Australian Migration](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/registered-migration-agent-australia-1024x400.jpg)
What Does a Migration Agent Do? A Comprehensive Guide to Their Role in Australian Migration
Updated August 16, 2024
![Victoria’s Skilled Nominated Visa (Subclass 190) Nominations Now Open for 2024-25](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/victoria-skilled-nominated-visa-2024-25-1024x400.jpg)
Victoria’s Skilled Nominated Visa (Subclass 190) Nominations Now Open for 2024-25
Updated August 14, 2024
Latest Australian Immigration News
Stay informed of the most recent updates in Australian Visas and Immigration. Check out the latest Australian Immigration News to stay ahead and make well-informed decisions for your migration journey.
![Australia Announces Cap on International Student Enrolments: Ensuring Quality Education](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/australia-international-student-cap-2025-1024x400.jpg)
Australia Announces Cap on International Student Enrolments: Ensuring Quality Education
Updated August 29, 2024
![Excessive Waiting Times for Parent Visas: A Broken System in Need of Urgent Reform](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/australia-parent-visa-system-reform-1-1024x400.jpg)
Excessive Waiting Times for Parent Visas: A Broken System in Need of Urgent Reform
Updated August 29, 2024
![Melbourne Declaration Affirms ASEAN and Australia Partnership for the Future](https://www.migrationexpert.com.au/wp-content/uploads/2024/08/melbourne-declaration-asean-business-visa-extension-2024-1024x400.jpg)
Melbourne Declaration Affirms ASEAN and Australia Partnership for the Future
Updated August 29, 2024
![Victoria’s 2024-25 Skilled and Business Migration Program: Key Updates and Allocations](https://www.migrationexpert.com.au/wp-content/uploads/2024/07/victorias-2024-25-skilled-migration-program-1024x400.jpg)
Victoria’s 2024-25 Skilled and Business Migration Program: Key Updates and Allocations
Updated July 22, 2024
Welcome! Sign in to access your account and stay connected with all the latest updates and features.
New customer? Start here