1 to 1 Australian Migration

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+ 61 3 9394 6325


Entrance C5, Level 1
2 Main Street
Point Cook, Victoria
Australia, 3030

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To be eligible for this visa you must have a successful business career and a genuine desire to continuously own and manage an innovative business in Australia. Key requirements of this stream include:

  • Nomination by a State or Territory Government
  • Minimum net assets of $1,250,000
  • Owned a business with $750,000 annual turnover
  • Obtain 65 points on business innovation and investment points test
  • Under 55 years old (unless waived by nominator)
  • Have functional English (or pay 2nd VAC)
  • Meet health and character requirement
  • Not have a previous visa refusal or cancellation

This visa is granted for a period of 5 years with multiple entries. Post July 2021 changes you can apply for the permanent BIIP 188 visa after 3 years if certain requirements are met.  If you need extra time to be eligible for the permanent pathway then this visa can be extended for a period of 2 years (via the Business Innovation Extension Stream) ie a total of 7 years, giving ample time to meet the requirements of the permanent pathway.  Post July 2021 you need to have physically resided in Australia for at least one year in the past 3 years to be eligible for permanency.

Once this visa is granted, you must comply with Australian workplace laws and have a genuine commitment to

  • maintain substantial ownership interest in a business in Australia
  • participate in the day-to-day management and decision-making of that business

In the business, you must do at least one of these things:

  • develop business links with international markets
  • employ people in Australia
  • export Australian goods
  • produce goods or services that would otherwise be imported
  • introduce new or improved technology, or
  • add to commercial activity and competitiveness within the Australian economy

The DOHA may survey you about your business activities in Australia.


The next step from the provisional business innovation stream is this permanent visa 888 Business Innovation Stream.  Holders of subclass 444 (Special Category) visa and certain holders of a subclass 457 (Business (Long Stay) visa can also apply for this visa with requirements specific to their visa.

Key criteria for the 188 provisional to permanent stream include:

  • Confirmation of current nomination by a State or Territory Government
  • Continue owning and managing a business in Australia with specific ownership requirements
  • Meet minimum specific business turnover requirements
  • Meet minimum specific employee and asset requirements
  • You must have been physically present in Australia for at least 1 year in the 3 years (post 1 July 2021)
  • Not involved in unacceptable business activities.
  • Meet health and character requirement
  • Not have a previous visa refusal or cancellation

Upon meeting all visa requirements applicants obtain permanent residency and if eligible can apply for Australian citizenship. 

Are you a business owner?  Are you looking at the possibilities of migrating to Australia? Talk to our Registered Migration Agent who is also a Certified Practising Accountant to discuss financials.

Contact our Registered Migration Agents

about the latest State or Territory Government sponsorship trends.   Nomination requirements can get complicated, let us help you form strategies in obtaining sponsorship.

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