• Skip to main content
  • Skip to header right navigation
  • Skip to site footer
CNA Immigration

CNA Immigration

Registered Migration Agents in Sydney, Australia

  • HOME
  • ABOUT
  • SERVICES
  • CASE STUDIES
  • TESTIMONIALS
  • BLOG
  • CONTACT

188 Business Innovation & Investment (Innovation Stream) Visa

188 Business Innovation & Investment (Innovation Stream) Visa

The innovation stream of the Subclass 188 visa provides a pathway to permanent residency for business people who want to own and manage a business in Australia, or make an investment here.

188 Visa Innovation Stream

The business innovation stream of the subclass 188 visa is for applicants who have had a successful business career, and wish to own and manage a new or existing business in Australia.

At the time that you are invited to apply for this visa, you must:

  • be under 55 years of age, unless your proposed business is considered to be of exceptional economic benefit to the nominating State or Territory.
  • genuinely wish to own, and maintain a major management role in an Australian business.
  • score at least 65 on the innovation points test (which takes into account your age, English competency, qualifications, experience, turnover and assets, amongst other factors)
  • be nominated by an Australian State or Territory government agency

Business Experience

Business visa applicants must demonstrate:

  • a successful business career
  • in at least two out of the last four financial years, the annual turnover for their main business(es) must have had an annual turnover of at least AU$500,000

Of that main business (or main two businesses), the applicant (and the applicant’s spouse/de facto partner, if applicable) must own at least:

  • 51% where the turnover was less than AU$400,000 per annum
  • 30% where the turnover was AU$400,000 or more per annum
  • 10% where the business was a publicly listed company
  • if your business(es) provided professional, technical or trade services during at least two out of the last four years, you must have spent less than half of your time directly providing those services (as opposed to general management of the business)
  • you (and your spouse/de facto partner, if applicable) must have had no involvement in unacceptable business or investment activities

Net Assets

Business visa applicants must have total net business and personal assets of at least AU$800,000, that can be legally transferred to Australia within two years of the date of visa approval.

Portfolio Type: Services

About Charbel Nehme

Charbel Nehme has provided immigration assistance since 2008 and is based in Sydney, Australia. He is registered with the Office of the Migration Agents Registration Authority and is a member of the Migration Institute of Australia. Charbel holds himself accountable for upholding standards set by the profession while providing quality service to all clients. His experience includes having assisted many individuals and families through various immigration processes including: Skilled Workers Visa, Employer Nomination Scheme (ENS), Business Innovation and Investment Program (BIIP), General Skilled Migration Program (GSM) and Regional Sponsored Migration Scheme (RSMS).

Previous Post: « 188 Business Innovation & Investment (Investor Stream) Visa
Next Post: 188 Business Innovation & Investment (Entrepreneur Stream) Visa »

Sidebar

Principal Migration Agent

Charbel Nehme has provided immigration assistance since 2008 and is based in Sydney, Australia. He is registered with the Office of the Migration Agents Registration Authority and is a member of the Migration Institute of Australia. Charbel holds himself accountable for upholding standards set by the profession while providing quality service to all clients. His experience includes having assisted many individuals and families through various immigration processes including: Skilled Workers Visa, Employer Nomination Scheme (ENS), Business Innovation and Investment Program (BIIP), General Skilled Migration Program (GSM) and Regional Sponsored Migration Scheme (RSMS). Read More…

Schedule Appointment

Professional Migration Agents in Sydney

CNA Immigration has delivered the best outcomes for our clients since 2009. If you are looking to immigrate and need expert immigration assistance, contact us today.

SCHEDULE APPOINTMENT
Migration Institute of Australia
Individual Migration Services

Visa Refusal & Cancellation Appeals

Global Talent Visa

Australian Citizenship

Resident Return Visa

Partner Visa

General Skilled Migration

Skilled Work Regional (Subclass 491) Visa

Temporary Graduate Visa

Corporate Immigration Services

Employer Nomination Scheme

Temporary Skills Shortage (TSS) Visa

Labour Agreements

Skilled Employer-Sponsored Regional (Subclass 494) Visa

Business & Investor Migration

188 – Investor Visa

188 – Significant Investor Visa

188 – Entrepreneur Visa

Newsletter

Subscribe to our newsletter to receive Australian immigration updates and information.

Registered Migration Agents must act in accordance with the Migration Agents Registration Authority Code of Conduct (“The Code”) during the provision of Australian immigration services to clients. Please refer to the Office of the Migration Agents Registration Authority for a copy of the Migration Agent’s Code of Conduct as displayed on the Authority’s web site. Current and prospective clients are encouraged to view the Terms and Conditions of Australian immigration services provided by CNA Immigration and our Privacy Policy.