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188 & 888 Business Innovation Visas
Business & Investment
For successful business owners, investors, and entrepreneurs seeking to establish themselves in Australia.
Visa Options
188A
Business Innovation Stream
For business owners
18-24 months
188B
Investor Stream
Designated investment required
18-24 months
188C
Significant Investor
$5M investment required
12-18 months
Eligibility Requirements
- State or territory nomination
- Points test (65 minimum)
- Business ownership/investment history
- Net assets requirement
- Age under 55 (exceptions apply)
Application Process
1
Submit Expression of Interest
2
Receive state nomination
3
Lodge visa application
4
Meet provisional visa conditions
5
Apply for permanent visa (888)
Fees & Costs
Base Application Fee
From $6,270Additional Applicant
Significant investment requiredNote: State nomination fees vary. Additional costs may include health examinations, police checks, and document translations.
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