A changing area of migration
The Business Innovation and Investment Program closed on 31 July 2024, and new subclass 188 applications can no longer be lodged. Existing 188 visa holders may still be able to apply for the permanent subclass 888 visa, or extend their provisional stay, if they meet the criteria.
For new applicants, the National Innovation visa (subclass 858) is aimed at exceptionally talented people, including some entrepreneurs and investors. Other skilled and employer pathways may also suit business owners. We assess which, if any, fit your profile.
How we help
Practical support at each stage, handled by a registered migration agent.
- Assess eligibility for 888 permanent visas
- Advise on 188 extension options
- Prepare state or territory nomination
- Organise business and investment evidence
- Assess National Innovation visa suitability
- Consider skilled or employer alternatives
- Coordinate with your accountant
- Prepare and lodge applications
Pathways we assist with
A summary only. Each has detailed criteria, and settings change, so we confirm current requirements when we advise you.
Permanent business visa
Permanent visa for eligible holders of a subclass 188 visa.
188 extensions
More time for eligible holders to meet 888 requirements.
National Innovation
Permanent visa for people with an exceptional record of achievement.
Business visitor
Short visits for business events, negotiations and meetings.
Employer sponsored
Where a business owner is sponsored by an Australian business.
Skilled pathways
Points-tested options that some business owners also meet.
Evidence commonly needed
We'll give you a checklist tailored to you. These are the documents most often involved.
- Business ownership and turnover records
- Tax returns and financial statements
- Evidence of personal and business assets
- Source of funds documentation
- Investment records, where relevant
- State or territory nomination
Frequently asked questions
Can I still apply for a new 188 visa?
No. The program closed to new applications on 31 July 2024. If you already hold a 188 visa, ask us about 888 and extension options.
Is the National Innovation visa for business owners?
It's for people with an internationally recognised record of exceptional achievement, which can include some entrepreneurs and investors. It isn't a general business visa, and it requires an expression of interest.
Do you give financial or tax advice?
No. We advise on migration only. For financial, tax or investment advice, please consult a licensed financial adviser or accountant.
Other services
Talk it through with a registered agent
Book a consultation to get advice on your circumstances, the options open to you, and a written fee estimate before any work begins.