Australia

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.

Requirements
  • 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
Restrictions
  • 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

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)

A$1,500,000 one-time

5 years

Yes

🇦🇺 Australia

Global Talent Visa (subclass 858)

A$167,500 / year

Permanent

Yes

🇳🇷 Nauru

Nauru Citizenship by Investment

$100,000 one-time

Permanent

Yes

🇳🇿 New Zealand

Entrepreneur Work Visa

NZ$100,000 one-time

1 year — 3 years

Yes

🇳🇿 New Zealand

Visitor Visa (Remote Work)

NZ$1,000 / month

3 months — 9 months

Yes

🇻🇺 Vanuatu

Development Support Program (DSP)

$130,000 one-time

Permanent

Yes