Business Innovation and Investment (Provinsional) visa (subclass 188) – Business Innovation stream

Business Innovation stream

This provisional visa is for people with business skills. It lets you operate a new or existing business in Australia.


Period of Stay

Stay Up to 4 years and 3 months


This visa costs AUD5,375 for the main applicant.
There is also a charge for each family member who applies for the visa with you:

• additional applicant over 18 years old: AUD 2,685
• additional applicant under 18 years old: AUD 1,345

You must pay an extra charge for any applicant 18 years old or older who has less than functional English.

This charge is the second instalment. Pay it only when you are asked to do so. It will be refunded if you are not granted the visa.

The second instalment charges are:

• main applicant: AUD 9795
• family members: AUD 4890

You might also have to pay other costs for health checks, police certificates and biometrics.

Processing Time

There are no standard processing times available for this stream.

Documents needed

Read: Subclass 188 Business Innovation Stream Document Checklist