What is Australia Subclass 188 Visa

Business Immigration Visas17 Apr, 2023Legal

The Business Innovation and Investment (Provisional) subclass 188 visa is an ideal choice for successful and high-calibre business owners who want to set up or manage a business in Australia. This is a 4-year temporary visa that allows entrepreneurs and investors to invest in an Australian state or territory. Once the business ownership is completely established in an Australian business, the applicant becomes eligible to apply for permanent residence status via the Business Innovation & Investment (Residence) Subclass 888 visa. You must be nominated by a state or territory government to get this visa.