Australia Business Innovation And Investment Visa Subclass 188

Overview

The Australia Business Innovation and Investment Program have many models introduced to serve the country's economy. The Australia Business Innovation and Investment (Provisional) (subclass 188) Visa is one of such models. One can only get this visa on the invitation.

The interested applicant has to indicate his/her interest by Expression of Interest through Skill Select. He/she can then proceed to apply for the visa upon receipt of the invitation.

With this visa, the applicant can:

  1. Open a new business or grow an already-existing one in Australia.
  2. Make a specified investment with the Government of an Australian state or territory.
  3. Invest a minimum of 5 million AUD.

Program Details

Visa Requirements

Getting the invitation is just one of the visa requirements. The others are:

  • A good business or investment history
  • Corresponding personal and business assets

A state or territorial Government-sponsored nomination

Eligibility Criteria

The Different Streams of Australia Business and Investment (Provisional)

The Subclass 188 visa has 3 different streams. They are:

  1. If you want to open or manage a new or existing business in Australia, the Australia Business Innovation stream is for you.
  2. If you are more interested in making investments in any part of Australia and continue to run the business after your investment had matured, then the Systems Investor Stream is for you.
  3. The Australian Significant Investor stream is most suitable if you intend to invest a minimum is 5 million Australian Dollars and keep running the business the business even after your investment has matured.

Benefits of Program

Helpful Information for Expression of Interest


  • You must indicate the stream you prefer
  • You must also specify the state(s) or territory(ies) you intend to invest in.

Why Invest in Australia?

Australia has a conducive environment for businesses to thrive. With its democratic and politically stable government, the country is home to a highly-skilled workforce and complementary business-friendly regulations.

Australia enjoys a strategic location and an innovative culture. With its excellent quality of living and strong economic credentials, Australia is a good choice of investment and the place to be!

Application Costing

Visa Fee

The Base Application Charge is $4,780. For the Additional Applicant Charge, it is $2,390 for adult applicants and $1,195 for under-18 applicants.

Note: if you are 18 at the time of submitting your application, and do not have functional English, you will pay the second instalment of $9,795 for main applicants and $4,890 for secondary applicants.

This is only applicable if you have not paid the second instalment for the subclass 188 visa.

Disclaimer

Visa Fees could be changed without prior notice.

How Opulentus helps you

  1. Register with Opulentus
  2. We allot you a case officer who will guide you in submitting EOI.
  3. Get your invitation for visa

Opulentus Fees, Cost and Refund Policy

As an Immigration Consultant, Opulentus offers competitive fee which is best in the Immigration Industry. We processed over one Lakh of active cases from all over the world at a given time, thanks to our state-of-the-art processing center. With Opulentus, you get the best hands at the best prices. Standard prices are charged across all our offices. We ensure that besides company offers and promotions, you will not be demanded or asked to pay a higher or lower price. The company determines prices and remains the same for all clients, offices, and cases.

Opulentus Services

  • We take every step with you, guiding and giving you advice to get the best possible documentation till you get your visa.
  • We provide you with all the information there is to process your application.
  • Visa documentation
  • Once you sign the service agreement copy, we give you the document checklist and provide you with information on what to do and you’re other options.
  • We give you other document samples and guide you on how to fill it
  • We will correspond with the Department for you when necessary

News & Articles

The most interesting and informative articles from around the world

Prince Edward Island reached a level of 1,065 for issuing invitations in 2019 in the recent draw for Expression of Interest held on August 15th. Authorities issued 143 invitations ...

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The Organization for Economic Co-operation and Development conducted a review of economic immigration system in Canada. Canada Immigration is A Success Story It reveals that ...

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