Business Innovation and Investment Program

The article below is for those individuals who are seeking to emigrate to Australia under the Business Innovation and Investment program.

What Business Visas can be applied for under the Business Innovation and Business Innovation and Investment programInvestment program

There are 3 subclasses available for applications as per below. You can learn more about each one by simply clicking on the title of the Business Innovation and Investment program subclass.

The business subclass 188 has three streams to it:

  • Individuals who want to own and manage a new or existing business in Australia; or
  • Who want to make a designated investment in an Australian State or Territory, and want to maintain business and investment activity in Australia after the original investment has matured; or
  • The Extension stream: where the applicant had for two years immediately before the application was made, an ownership interest in one or more main businesses that were actively operating in Australia and continues to have an ownership interest in the business or businesses.

The Business Innovation and Investment Permanent visa subclass 888 is the second stage of the Business Innovation and Investment (Provisional) visa (subclass 188). You can apply for it after you have fulfilled the requirements of your provisional visa.

This visa allows you to establish a new or develop an existing business in Australia. It has two streams:

    • Significant Business History stream: for high-calibre business owners or part-owners who want to do business in Australia.
    • Venture Capital Entrepreneur stream: for people who have sourced venture capital funding from a member of the Australian Venture Capital Association Limited (AVCAL).

Learning more

More details are provided on each Business Innovation and Investment Program by following the above links or if you prefer you can call us on + 27 (0) 21 202 2800 or e-mail us here.

About Intergate Emigration

Obtaining professional help means dealing with a registered (or exempt) licensed immigration agent. Using anyone else means you do not benefit from the services of someone who is fully licensed and registered. Intergate Emigration have a fully licensed immigration agent, Katrin Maja Maehl, Licensed Australian Immigration Consultant.

In addition those seeking help should be aware of individuals with DIBP numbers. These do not equate to a licensed professional and are simply used for admin purposes for those companies giving Australian Immigration advice that are based abroad.

The simple rule is to not deal with anyone you cannot find on the official licensed immigration advisors website. Checking credentials is as easy as doing a search on this link.

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