Expanding your business into Australia? The Subclass 188 Business Innovation and Investment (Provisional) visa provides a unique opportunity for entrepreneurs and investors to establish and grow their businesses while working towards permanent residency.

Key Benefits of the Subclass 188 Visa

  • Start or manage a business in Australia.
  • Stay for up to five years with the potential to extend.
  • Include family members in your application.
  • Pathway to permanent residency through the Subclass 888 visa.

Eligibility Requirements

To qualify for this visa, applicants must:

  • Score at least 65 points on the Business Innovation and Investment points test.
  • Demonstrate business success, including minimum turnover and ownership requirements.
  • Have a net worth of at least AUD 1.25 million (for post-July 2021 invitations).

Visa Costs and Additional Information

  • Application Fee: Starts at AUD 9,710, with additional charges for family members.
  • Extension Available: If permanent residency is not achieved within five years, applicants may extend their stay under the Business Innovation Extension stream.

Secure Your Future in Australia

Navigating the visa application process can be complex. At Rothschild Group, our legal experts specialize in Australian immigration law, ensuring a seamless application process tailored to your business goals.

Need expert advice? Contact Rothschild Group today to explore your visa options and business opportunities in Australia.