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Types of Visas
188B (Investor Stream) Visa  
The Business Innovation & Investment (Residence) Subclass 188B visa is designed for individuals nominated by an Australian State or Territory government who wish to make a specific investment in the country. This temporary visa allows a 5-year stay and offers a pathway to permanent residence through the Business Innovation & Investment (Permanent) Subclass 888 visa.

Investor Opportunity:

The 188B (Investor Stream) Visa is ideal for those willing to invest $1.5 million in Australian State or Territory bonds. Applicants can engage in investment activities and extend their stay by up to 4 more years, with the potential to apply for permanent residence through the 888 Significant Investor stream.


  • Conduct investment activity in Australia through the Investor Stream.
  • Potential to apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Significant Investor stream, subject to meeting specific criteria.
  • Extend stay in Australia for up to 4 additional years for holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream.


  • Be nominated by a State or Territory government agency or Austrade.
  • Not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor Extension stream visa.
  • Continue to hold complying significant investments in accordance with the relevant investment framework.
  • Have no history of involvement in business or investment activities of an unacceptable nature in Australia, for both the applicant and their partner.