About Business Visa (Subclass 188)

The visa is a temporary visa for people who want to own, manage, or invest in a business or make an investment in Australia. It is the first step towards obtaining a permanent visa. To obtain this visa, you must first submit an expression of interest, after which you must be nominated by a State or Territory Government in Australia and invited to apply for the visa by the Minister for Immigration and Border Protection. The visa is valid for four years and three months.You can extend your visa in the Business Innovation and Significant Investor Streams under certain conditions. All applicants must be in good health and have a good character. You must generally be under the age of 55, but a State or Territory may waive this requirement.
There are four different visa streams to choose from, depending on which one you want to apply for or qualify for:

Business Innovation Stream

Investor stream

Significant Investor Stream

Premium Investor Stream

Requirements for eligibilty:

  • Submit expression of interest (EOI) in SkillSelect

  • Nominated by a State or Territory government agency or Austrade

  • Invited to apply for the visa

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