Business Innovation and Investment Visa (Subclass 188)

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Business Innovation and Investment Visa (Subclass 188)

188 Visa

Business Innovation and Investment Visa 188 – Establish and Manage a Business in Australia

  • Invest, innovate, or start a business in Australia.
  • Gain a provisional visa with a pathway to permanent residency.
  • Choose from five streams based on your investment or business goals.

What is the Business Innovation and Investment Visa 188?

The 188 visa is a temporary visa designed for entrepreneurs, business owners, and investors who wish to establish, manage, or invest in businesses in Australia. This visa provides a pathway to permanent residency through the Subclass 888 visa.

Key Features & Benefits of the Business Innovation and Investment Visa 188

Holders of the Subclass 188 visa can:

  • Live and operate a business in Australia for up to five years.
  • Bring eligible family members under the same visa.
  • Invest in the Australian economy and contribute to business growth.
  • Transition to permanent residency via the Business Innovation and Investment (Permanent) Visa (Subclass 888).
  • Travel freely in and out of Australia while the visa is valid.

Eligibility Criteria

To qualify for the Subclass 188 visa, applicants must meet specific requirements based on their chosen stream.

Application Process

Applying for the Subclass 188 visa involves several steps. Following these ensures a smooth and timely approval process.

  1. Submit an Expression of Interest (EOI) – First, lodge an EOI through SkillSelect and wait for a nomination from an Australian state or territory.
  2. Receive a Nomination & Invitation – If invited, proceed with the visa application.
  3. Prepare & Submit the Application – Next, gather and lodge all necessary documents, including financial records, business details, and investment proof.
  4. Complete Health & Character Checks – Undergo medical and police clearances.
  5. Await Visa Decision – Once approved, begin your business or investment activities in Australia.

Why Choose Jade Immigration Lawyers?

At Jade Immigration Lawyers, we assist with Business Innovation and Investment Visa (Subclass188) applications, offering:

  • Expert guidance on selecting the right stream.
  • Comprehensive visa application support.
  • Assistance with complex business documentation and financial requirements.

FAQ

Find answers to common questions about our Business Innovation and Investment Visa (Subclass 188) immigration services and processes. For further support, contact Jade Immigration Lawyers.

How long is the 188 visa valid for?

The Subclass 188 visa is valid for up to 5 years, depending on the stream.

Can I apply for permanent residency after my 188 visa?

Yes, once you meet the business and investment requirements, you can apply for the Subclass 888 visa, which grants permanent residency.

Can I include my family in my 188 visa application?

Yes, spouses and dependent children can be included in your application.