How do I apply for a subclass 188A visa (Business Innovation Stream)?

The business innovation visa (subclass 188) is a provisional visa that allows applicants to establish a new business or purchase an existing business in Australia. Successful applicants can remain on this visa for up to five years. It is also a viable pathway to permanent residency. This article will provide a brief overview of the minimum requirements in each state and territory in Australia to apply for the business innovation stream visa (Business Innovation Visa).

Eligibility

Before applying for the business innovation visa, you must determine whether you are eligible to apply. You will need to conduct an initial eligibility assessment to do this. To determine your eligibility, you will need to see if you satisfy the requirements and criteria for the visa (discussed below).