Business Permanent Visa

Continue your Business as You Get a Direct Entry to a Permanent Residence

Enter the second stage of provisional Visas in Australia with the Business Innovation and Investment Program. Step into the permanent stage of residency in Australia with the Subclass 188 Visa.

Pick an Investor Stream at the Provisional Visa Stage

Business Innovation Stream
Apply with a well-established business in Australia by meeting asset and turnover requirements.

Investor Stream
Choose Investor stream with an investment in the Australian bonds for 4 years

Apply Seamlessly from Australia or Overseas
You can apply for the Visa from Australia or overseas through an online portal. Most primary applicants already hold a subclass 188 provisional Business Innovation Visa. In case you are a spouse or partner with the primary applicant expired or separated, exceptions are allowed.

Mandatory Sponsorship from a State or Territory
Apply for a sponsorship from a territory or state government in Australia as a mandatory procedure of your permanent visa application.

Visit the state’s official websites for more information on their respective requirements:

Australian Capital Territory
New South Wales
Western Australia
Northern Territory
South Australia

Fulfil the Minimum Requirements with Ease
Applying for the Visa application can be easy if you fulfil the following requirements-

  • Nomination by the state or territory government from which you received the sponsorship for the Subclass 188 Visa.
  • A passionate commitment to maintaining business and investment activities in Australia.
  • Compliance with state laws and the Australian Commonwealth.
Innovation Stream Requirements

Fulfill the necessary requirements as you already own a business and plan to extend it to the Australian market. Meet the following criteria-

  • Residency in Australia for at least 1 year prior to the 2 years of application
  • Ownership in Australian business for the last 2 years
  • Your business has an ABN and has lodged the necessary Business Activity Statements (BAS) for the last 2 years
  • Business with an ABN and a Business activity Statement for the past 2 years
  • Business turnover of at least AUD 300,000 for the last 12 months, unless a certificate of exception by the territory government.
  • Business turnover of at least AUD 300,000 for the last 12 months, unless a certificate of exception by the territory government.
  • Two out of the below three criteria-
    • Net business assets of at least AUD 200,000
    • 2 full-time permanent Australian residents employed in the business
    • Net personal assets of AUD 600,000
Investor Stream Requirements

Provide support to your permanent visa with an already held Investment Stream subclass 188 provisional visa. Meet the essential criteria-

  • Australian residency proof of 2 years from the past 4 years.
  • A constant AUD 1.5 million investment in Australian state or territory bonds for 4 years continuously.
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