Overview
For as many as are interested in owning or managing a business in Queensland, whether a new startup or existing business, the city welcomes you all. The Business Innovation and Investment Visa Subclass 188 is a provisional visa, basically offered on a four-year period and state-nominated. The visa is crucial to the Business Innovation and Investment visa that is the subclass 888 Permanent Residency Visa.
Program Details
Interested persons can choose from:
1. Business Innovation Visa (188): This is for the category of people interested in owning and managing a business in Queensland, whether new or existing.
2. Business Investor Visa (188): This visa is for the investors of business owner's category, who seek to invest in the Queensland Treasury Corporation Bonds.
3. Significant Investor Visa (188): This is for people who want to make a significant investment in Australia.
4. Premium Investor Visa (188): This is only available upon invitation by the national government of Australia. It is only suitable for potential recipients that have received the nomination from Austrade. The assurance of long-term economic benefit delivery to the country is a requirement here and majorly for highly talented and entrepreneur-minded individuals. For more information, please visit the Austrade website.
5. Entrepreneur Visa (188): This visa is for individuals with innovative businesses and is ready to commercialize it.
For the Business Innovation and Investment visa (Subclass 188), the Queensland Government manages the state nomination through Business and Skilled Migration Queensland (BSMQ) and collaborating with the DHA of Australia that is the Australian Government's Department of Home Affairs.
Eligibility Criteria
Check Application Points Test
Applicants for this stream of visa must score a minimum of 65 Points on the visa class points test. Get more information on that from the Subclass 188 points system page.
In case you want to extend or renew your 188 visas for Business Innovation and Significant Investor Visa, kindly send an email to BSMQ and state reasons why you want to extend. Certain conditions must be met before this extension is approved.Application Costing
Australia Business Innovation & Investment (Provisional) (subclass 188 Visa) Costing
Business Innovation stream Visa Validity - Up to 4 years and 3 months.
Business Innovation stream Visa Fee - From AUD $4,985
Business Investor Stream Visa Validity - Up to 4 years and 3 months
Business Investor Stream Visa Fee - From AUD $4985
Significant Investor Stream Visa Validity - Up to 4 years and 3 months
Significant Investor Stream Visa Fee - From AUD $7150
Business Innovation Extension stream Visa Validity - 2 more years
Business Innovation Extension stream Visa Fee - From AUD $600
Significant Investor extension stream Visa Validity - Up to 2 years after the expiry of your Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream
Significant Investor extension stream Visa Fee - From AUD $4875
Premium Investor Stream Visa Validity - Up to 4 years and 3 months
Premium Investor Stream Visa Fee - From AUD $8,770
Entrepreneur Stream Visa Validity - Temporary
Entrepreneur Stream Visa Fee - From AUD $3755
Process Flow Chart
How Opulentus Can Help You?
Let us guide you on Immigration Services either for Work Visa, Dependent Visa, Investor Visa or any other Immigration Service.
We can give you the necessary assistance that you need to ease up the application process. Try us today and see why more than 5000 people trust us at a time by applying for different countries visa through us.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
