Australia’s proven economic resilience and sustained growth provide an attractive, safe and low-risk environment in which to do business.Australia is a modern, developed, stable, democratic nation, with an open, competitive and diverse market that greatly encourages foreign investments, as well as trade imports and exports.

Located in the fastest growing region of the world – Asia-Pacific – Australia is well placed to take advantage of the growing opportunities in the region, with strong political, trade and economic links.

Indeed, when much of the developed world endured economic recession in recent years, Australia’s economy proved to be resilient, no least due to its connection to fast emerging markets Asia. The Australian economy is further supported by longstanding and healthy political and economic ties with Europe and the European Union, North and South America, as well as the Middle East and Africa
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Australia welcomes businessmen and entrepreneurs around the world and offers great attractions.

  • a business environment that is ranked 15th out of 190 economies for ease of doing business
  • a robust regulatory system noted for its stable institutional frameworks and strong finance and banking regulations
  • competitive rates for office space and the remuneration of professionals
  • a quality of life that is rated the seventh highest in the world.
Business Innovation & Investment (Provisional) Visa (Subclass 188)

This visa is for successful business owners or investors from overseas who are willing to invest in new or existing business in Australia or make designated investment in Australian State or Territory government bonds.

The Business innovation and investment visa involve a 2-stage application process. At the first stage business migrants apply for a provisional visa and then if they meet certain criteria, they apply for a permanent visa.

Basic requirements:
  • You must be less than 55 years of age (unless state and territory government waive this requirement if your proposed business will be of exceptional economic benefit to the relevant region)
  • You must also be nominated by an Australian state or territory government by submitting a detailed business proposal with your application
  • You must score at least 65 points on the Innovation points test.  Points are awarded in the following factors:
  • Age
  • English language ability
  • Qualifications
  • Experience in business or investment
  • Net personal and business assets
  • Business turnover
  • Innovation
  • State or territory nomination – special endorsement


The 188 Business Innovation and Investment Visa (Provisional) comprises the following five streams:

Business Innovation Stream

This visa is for people with business skills who want to establish, develop and manage a new or existing business in Australia. Applicants must be nominated by a state or territory government.

Investor Stream
This visa is for those people who want to make a designated investment of at least AUD 1.5million in an Australian state or territory and maintain business and investment activity in Australia. Applicants must be nominated by a state or territory government.

Significant Investor Stream

This visa is for people who are willing to invest at least AUD 5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. Applicants can be nominated by a state or territory government or AUSTRADE on behalf of the Australian government.

Premium Investor Stream

This visa is for people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Applicants must be nominated by Austrade on behalf of the Australian government.

Entrepreneur Stream

This visa for the people who have a funding agreement from a third party for at least AUD 200,000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia. Applicants must be nominated by a state or territory government.