Business Innovation & Investment (Provisional) Visa - Business Innovation （188A）is for people with business skills. It lets you operate a new or existing business in Australia.

With this visa, you can...

• operate a new or existing business in Australia

• stay in Australia for up to 4 years and 3 months

• leave and re-enter Australia as many times as you want while the visa is valid

• bring eligible members of your family with you

• apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream

You must

• not turn 55 years of age at the time of the invitation to apply for the visa, unless the State or Territory government agency has determined your business will be of exceptional economic benefit

• score at least 65 on the points test (at least 80 on the points test if you apply for nomination of Victoria State)

• have a successful business career and a genuine desire to continuously own and manage a business in Australia.

• had an ownership interest in one or more main businesses that had an annual turnover of not less than AUD 500,000 in at least 2 of the 4 fiscal years immediately before the time of invitation to apply for the visa

• provide evidence that you maintained direct and continuous involvement in management of the business from day to day and in making decisions affecting the overall direction and performance of the business for 2 of the 4 fiscal years before we invited you to apply

• You, your partner, or you and your partner together, have total net business and personal assets of at least AUD800,000

• have had no history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia

• either have at least functional English or pay the second instalment of the visa application charge if any applicant aged 18 or over at the time of application