SUBCLASS 188B

Business investor stream

What is a subclass 188B visa?

The Subclass 188B represents the Business Innovation & Investment Visa – Business Investment Stream. This is a temporary visa and if you meet certain requirements, you may then apply to receive permanent residency in Australia. In order to first apply for the Subclass 188B, you would need to submit an Expression of Interest via a points test.

Basic Eligibility

Have net assets of at least AUD 2.25 million

Be below 55 years of age at time of invitation

Obtain at least 65 points on the Points Test

Have a high level of management skill in relation to one of the following activities for at least 1 of the 5 fiscal years prior to invitation:
Maintained direct involvement in a qualifying business (Ownership interest of at least 10%) OR
Maintained direct involvement in eligible investments (net value of at least AUD 1.5 million 

Obtain a nomination (sponsorship) by a State/Territorial Government

Have at least 3 years of experience of direct involvement in managing one or more qualifying businesses or eligible investments

APPLICATION PROCESS

1

Assessment

We will check that all eligibility requirements are met and you have sufficient evidence to support your claim 

2

Expression of Interest

We ensure that you have the minimum 65 points to lodge the expression of interest 

3

State Nomination

We will need to obtain a state nomination approval before we can lodge your visa application 

4

Visa Application

We have 60 days to lodge the visa once we received the state nomination approval

points – test

In order to be eligible to apply , you must score at least 65 points in the points test and only this stream would require you to do so. Additionally, even though the pass mark is 65 points, the more point you can claim will increase the chances of you attaining an invitation from the department. The test gives points for various elements of human capital and business innovation and includes objective measures of business performance.

Age

English Ability

Qualifications

Experience

Value of Assets

Business Turnover

What benefits are you entitled?

Successful applicants and holders of Subclass 188B Business Investor Stream  will enjoy the following privileges and benefits:

Pathway to Permanent residency after state government bond matures in 4 years 

Full Work and study rights

Main applicant only need to live in Australia 2 out of the 4 years to meet the residency requirement for Permanent visa. 

We simplify the process for you

A business visa can require a lot, but it does not mean it should be stressful. Part of our priority at Think Visa is simplifying the application process for our clients, meaning we provide thorough walkthroughs, reminders, and collaborative efforts in pursuit of your visa grant.  

Contact Us

Your business opportunities in Australia begin now. Don’t risk a disapproval that could potentially interfere with your plans and goals. Fill out the details below so our team can get in touch with you. Start your application right.