The 188A visa is a subclass of the Business Innovation and Investment visa (BII) program in Australia. It is a provisional visa for entrepreneurs and investors who want to establish a new or develop an existing business in Australia.

For those who desire to run a new or existing business in Australia, a 5-year temporary visa is available. The Business Innovation & Investment (Residence) Subclass 888 visa allows applicants to petition for permanent residence once they have proven their ownership stake in an Australian company. After the applicant has had the subclass 188 visa for three years, a 2-year extension is available, giving them six years from the original visa’s issuance date.

Eligibility

• You must score at least 65 points on the points test.
• You must meet the criteria for one of the BII streams: Business Innovation stream, Investor stream, Significant Investor stream, or Entrepreneur stream.
• You must have a genuine intention to establish a new or develop an existing business in Australia.
• You must have adequate personal and business assets and a successful business track record.

Benefits

• Allows you to live and work in Australia for 4 years.
• Provides opportunities to establish a new or develop an existing business in Australia.
• May lead to eligibility for permanent residency in Australia.
• You and your family members can live, work and study in Australia while holding the 188A visa.
• You can apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) after holding the 188A visa for at least 2 years and meeting the criteria for the permanent visa.

Start your application and Book your free consultation to assess your eligibility for subclass 482 (Temporary Skill Shortage) Visa.