The Australia Business Innovation and Investment Visa allows entrepreneurs, investors, and business owners to migrate, establish businesses, or invest in Australia with a path to permanent residency.
Key Highlights
Requires only CLB 4 (IELTS: ~4.0–4.5)
Must have a job offer from a designated employer in Nova Scotia, New Brunswick, Prince Edward Island, or Newfoundland & Labrador
No LMIA needed
Faster PR processing time
Step – 1: Subclass 188 – Provisional Visa
This is a 5-year temporary visa that lets you do business or invest in Australia. Based on your profile, you can choose from the following streams:
Business Innovation (188A)
AUD $750K+ turnover (past 2 out of 4 years)
AUD $1.25M+ in personal/business assets
Must own and manage a business
Investor (188B)
AUD $2.5M+ net worth
Invest AUD $2.5M in complying investments
Significant Investor (188C)
Invest AUD $5M in eligible investments
Entrepreneur (188E)
Must have state government endorsement
Step 2: Subclass 888 – Permanent Residency
After fulfilling the requirements of your 188 visa stream, you can apply for PR through Subclass 888. Example:
888A: Operate your business in Australia for 2+ years
888B/C: Maintain investment for 4 years
888E: Show success in your entrepreneurial venture
Why Choose the 188A Stream?
This is the most popular route for business owners:
Age under 55 (waiver possible)
30–51% ownership in an active business
Pass the points test (min. 65 points)
Ready to start your business journey in Australia?
Let MigrateX Immigration help you choose the right stream, prepare documentation, and secure your business visa.
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