Australia
Business Innovation and Investment Visa (subclass 188)
Australia's Business Innovation and Investment (Provisional) visa (subclass 188) is for business owners, investors, and entrepreneurs who want to establish, develop, and manage a new or existing business in Australia. The Business Innovation stream is designed for people with business skills who want to establish, develop and manage a new or existing business in Australia.
- Business Innovation stream: Under 55 years (can be waived by states for exceptional benefit)
- Score at least 65 points on business innovation points test
- Net business and personal assets of AUD $1.5M+ for past 2 years
- Ownership in business with AUD $750,000+ turnover in 2 of last 4 years
- State or territory nomination
- Genuine intention to establish/manage business in Australia
- Meet health and character requirements
- Must reside in nominating state/territory
- Must operate qualifying business to transition to permanent visa
- Cannot access certain social services
- Must meet business benchmarks for permanent visa
Processing time: 12-24 months
Fee: AUD $6,085 primary applicant + family fees
Apply through SkillSelect after state nomination. Processing times vary significantly
Links
Other Digital Nomad Visas in Oceania
Country↑ | Program↕ | Income↕ | Duration↕ | Dependants↕ | |
|---|---|---|---|---|---|
🇦🇺 Australia | Business Innovation and Investment Visa (subclass 188) | ||||
🇦🇺 Australia | Global Talent Visa (subclass 858) | ||||
🇳🇷 Nauru | Nauru Citizenship by Investment | ||||
🇳🇿 New Zealand | Entrepreneur Work Visa | ||||
🇳🇿 New Zealand | Visitor Visa (Remote Work) | ||||
🇻🇺 Vanuatu | Development Support Program (DSP) |