Migration Service

Subclass 188 Business Innovation and Investment (Provisional) Visa

Four-year provisional visa for entrepreneurs and investors. Four streams (188A/B/SIV/PIV) leading to PR via the 888 visa.

Key highlights

What's included

  • 188A Innovation • 188B Investor • 188SIV Significant Investor • 188PIV Premium Investor
  • Investment thresholds from business establishment to $15 million
  • Designed for active business or investment activity in Australia
Common questions

Frequently asked questions

What is the validity period of the 188 visa?

The Subclass 188 is a 4-year provisional visa allowing you to establish and develop business or investment activities in Australia.

Can I transition from 188 to PR?

Yes — successful applicants can transition to the Subclass 888 Permanent Visa after meeting stream-specific business or investment performance criteria during the provisional period.

Which stream should I apply for?

Selection depends on background: 188A (entrepreneurs), 188B (investors), 188SIV ($5M+ investors), or 188PIV ($15M+ investors). Professional advice is highly recommended.

What are 'complying investments'?

Complying investments are defined by Home Affairs and must meet specific portfolio composition rules — typically a mix of venture capital, emerging companies and balancing assets.

Ready to start?

Book a consultation about Subclass 188 Business Innovation and Investment (Provisional) Visa

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