Business Innovation and Investment (subclass 188) visa

Do you have a business idea, an innovative new business concept you want to launch in Australia? Then the Business Innovation and Investment Visa 188 is what you could be eligible for.

You need a nomination from a State or Territory for this Visa, and each state has different requirements.

Let Herbert Smith Freehills  help you navigate the requirements of this Visa Application. Contact us today.

Different Streams Of The 188 Visa

There are different streams of Visa depending on the type of business you are starting or investing in.

Business Innovation Stream

If you have business skills and an innovative idea, this could be the Visa for you. It is a points-based application, so let Herbert Smith Freehills help you with the documentation to achieve the number of points required.

You need to meet business turnover and net asset requirements, t have a successful business history, and be under the age of 55.

Investor Stream

This stream is for applicants who are willing to make an AUD 1.5MIL investment in an Australian state or territory and maintain that activity in Australia.

You need to meet business turnover and net asset requirements, you must have a successful business history, and be under the age of 55.

Significant Investor Stream

Similar to the above Investor Visa stream, this visa requires a larger dollar figure for investment in Australia- AUD 5MIL.

Entrepreneur Stream

This stream is for applicants who have a funding agreement from a legitimate third party of a minimum of AUD 200 000. They will undertake a complying entrepreneurial activity that is proposed to lead to either the commercialisation of a product or service or the development of a business in Australia.

Apply for a Business Innovation and Investment (subclass 188) visa

Step 1

Once you reach out to Herbert Smith Freehills, we set up a discovery call to understand what your needs are and what Visa best suits you.

Step 2

From there, we will send you a Strategy proposal outlining the steps we will take to assist you in getting a Visa for you to sign off on.

Step 3

Now our team leaps into action, following immigration pathways, taking care of the paperwork and helping you through the entire application process.

Take the first step and schedule a call

We look forward to hearing how we can help.

Contact now

Frequently Asked Questions

What Is A 188 Visa?
This is a Visa that allows people who are significant investors in Australian Business or Innovation, the opportunity to stay in Australia for up to 4 more years.
There can be a long processing time for a 188 Visa, anywhere up to 20 months in some cases. Have a word with our team to find out more about timelines.
The Business Innovator stream has a base application charge of $6270AUD; The Premium Investor Stream’s base charge is $9455 AUD; and the Entrepreneur stream has a base charge of $4240AUD.
Contact Herbert Smith Freehills, and talk to one of our qualified and friendly team members. Through a Discover Call, they will discuss your preferred visa pathway.