Australia Business Migration
Business Innovation & Investment Provisional visa (subclass 188)
This visa allows you to:
own and manage a business in Australia, conduct business and investment activity in Australia or undertake an entrepreneurial activity in Australia.
Bring eligible members of your family with you.
You can leave and re-enter Australia as many times as you need while the visa is valid.
This visa is provisional and allows you to stay in Australia for a period of 4 years and 3 months, during which time you will be able to apply for the PR version of the same visa (subclass 888). Certain conditions apply.
Requirements.
You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa.
Being a business owner for at least 2 of the previous 4 financial years, with a successful business career, having maintained direct management in the business, meeting specified requirements for annual turnover (minimum AU$500,000)
Own personal and business assets of at least AUD800,000 lawfully acquired
Score at least 65 on the points test*
Be under 55
Have functional English
Meet character and health requirements.
*Points test
You must score at least 65 on the points test.
Factors that make up the point score include
age
English language ability
education
business experience
net personal and business asset, and business turnover
Cost
From AUD5,375