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Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation stream Nomination ConditionsI___(the applicant),Date:(Print name)//(DD/MM/YY)acknowledge that nomination by
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How to fill out 188b visa-business visa investment

01
Research and choose the appropriate stream under the Business Innovation and Investment (Provisional) visa (subclass 188).
02
Prepare and submit an Expression of Interest (EOI) through SkillSelect.
03
If invited, prepare and submit a formal visa application within 60 days.
04
Provide all required documentation including proof of investment and business plan.
05
Attend any necessary interviews or provide additional information as requested.
06
Await a decision on your visa application.

Who needs 188b visa-business visa investment?

01
Individuals who are looking to invest in a business or start a business in Australia.
02
Entrepreneurs who wish to establish a new or develop an existing business in Australia.
03
People with a successful business career and a genuine commitment to investing in Australia.
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The 188B visa, known as the Business Innovation and Investment visa, is designed for individuals wanting to invest in an Australian business and contribute to the economy. It allows for residency in Australia while engaging in business activities.
Individuals who wish to invest a minimum specified amount in an Australian business as part of their application for the 188B visa are required to file this visa application.
To fill out the 188B visa application, applicants must complete the online form on the Department of Home Affairs website, provide required documents, and pay the application fee. Guidance notes are available to assist applicants.
The primary purpose of the 188B visa is to attract individuals who can invest significantly in Australian business ventures, thus promoting economic growth and business development within Australia.
Applicants must report personal information, investment details, financial evidence, business and employment history, and any other relevant information that supports their visa application.
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