THREE TYPES OF BUSINESS INNOVATION AND INVESTMENT VISA (SUBCLASS 188) CAN MAKE IT EASIER FOR ENTREPRENEURS TO SETTLE IN AUSTRALIA.

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The Business Innovation and Investment Visa is an Australian immigration program that aims to attract foreign investors and entrepreneurs who wish to engage in entrepreneurship and innovation in Australia. This visa has become an attractive option for those looking to expand their business and take advantage of new opportunities in one of the world’s fastest growing economies, while also providing opportunities for individuals and their families to settle in Australia.

When you have this program, investors can engage in a wide range of business activities, including owning and operating a company in Australia. With outstanding business potential and opportunities, the investor-business visa is an option worth considering for those who aspire to expand their business reach and take advantage of the country’s thriving business environment.

The Investment – Business visa consists of 2 stages: Stage 1 is a temporary visa (subclass 188) -> Stage 2 is a permanent visa (subclass 888).

 

Business Innovation stream

Investor streamSignificant Investor stream
TEMPORARY188A188B188C
PERMANENT888A888B888C

 

Visa 188A, 188B and 188C are of subclasses of Business Innovation and Investment visas in Australia, aiming to attract international investors and entrepreneurs to come and engage in business activities in this country. Each subclass of visa has its own characteristics, tailored to the needs and business goals of each person:

  • Visa 188A allows investors to create, own, and operate a business in Australia. This visa focuses on investing capital in a direct business and requires the lowest minimum investment and requires the investor to have business management experience. With Visa 188A, investors enjoy immigration benefits and enjoy Australia’s social regimes.
  • Under 188B, the investor does not need to operate any business in Australia.
  • Under 188C, the residence’s requirement in Australia is lower than subclasses 188A and 188B.

 

Each type of visa offers its own advantages and benefits, depending on each person’s goals, finances and experience. For more information and advice on investor-business visas and permanent residency opportunities in Australia, please contact us:

BCCM International LLP.
Address: 2-6 Phung Khac Khoan, District 1, Ho Chi Minh City, Vietnam.
Tel: +84-28-3521-2535 | Fax: +84-28-3521-2536
Email: CMS@bccm.vn

BCCM International Co., Ltd. has a team of lawyers with many years of experience and working in immigration-related fields. We are one of the experts in the field of Business & Corporate Consulting, Legal – Litigation, Cross-Border Mobility.

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