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Business Innovation and Investment (Provisional) Visa (subclass 188)

The Business Innovation and Investment (Provisional) visa (subclass 188)  allows you to own and manage a business in Australia, conduct business and investment activity in Australia or undertake an entrepreneurial activity in Australia. This is a provisional visa that can provide the path to a permanent visa through the Business Innovation and Investment (Permanent) visa.

 

Provisional visa

A provisional visa is a temporary visa that may lead to the grant of a permanent visa if the holder meets certain conditions.

 

The following streams are currently available under subclass 188-

 

  1. Business Innovation Stream
  2. Investor Stream
  3. Significant Investor Stream
  4. Business Innovation Extension Stream
  5. Significant Investor Extension Stream
  6. Premium Investor Stream
  7. Entrepreneur Stream