Significant Investor stream
This provisional visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
With this visa,
you can
- carry out investment activity in Australia
- apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Significant Investor stream if certain requirements are met.
You must
- be invited to apply for this visa
- be nominated by a State or Territory government agency or Austrade to invest at least AUD5 million that meets certain requirements and have a genuine intention to hold that investment for the life of your provisional visa
- have a genuine intention to live in the State or Territory whose government agency nominates you
How long you
can stay
This is a provisional visa. You can stay in Australia for up to 5 years if you were invited to apply on or after 1 July 2021.
If you applied after 1 July 2015, and were invited to apply for this visa before 1 July 2021, you can stay in Australia for up to 4 years and 3 months.
Stay longer
This is a provisional visa. You must apply for a new visa if you want to stay longer.
Once you have this visa, you can apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888) in the Significant Investor stream, if you meet certain requirements.
If granted, you will be able to travel to, enter and remain in Australia for up to 7 years after the date of the grant of the original Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor Extension stream.
You can also apply for a second Significant Investor Extension stream visa. If granted, you will be able to travel to, enter and remain in Australia for up to 9 years after the date of the grant of the original Business Innovation and Investment(Provisional) visa (subclass 188) in the Significant Investor Extention stream.
Include family
You can include members of the family unit in your application when you apply. You can also add your dependent child to your application at any time before decision being made on your application.
