Business Innovation and Investment (Provisional) Visa - 188

Provisional Business Innovation and Investment Visa - 188

This visa sanctions you to possess and accomplish a business in Australia, conduct business and investment activity in Australia or start an entrepreneurial activity in Australia.

There are below classes in which an applicant can apply:

Business Innovation stream: Somebody visiting Australia for relaxation and leisure or to meet friends and family. You can apply for a tourist visa in Australia from outside or within Australia.

Investor stream: This provisional visa requires you to invest at least AUD1.5 million in an Australian State or Territory and maintain business or investment activity in Australia

Significant Investor stream: This provisional visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.

Business Innovation Extension stream: F Holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream can extend their stay in Australia for an additional two years, or up to four years if COVID-19 incentives apply.

Significant Investor Extension stream: This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in Australia for up to 4 more years.

Premium Investor stream: provisional visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments or philanthropic contributions.

Entrepreneur stream:This provisional visa allows you to carry out business in Australia.

For above all sorts you can stay up to 4 years in Australia and can extend your stay according to your worthiness.