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Business Innovation and Investment (Provisional) visa (subclass 188)Working and skilled visas

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.

At a Glance

Stay

Up to 5 years

Cost

From This document is based on lodgement date on 06.04.2026 Australian Eastern Standard/Daylight Time. for information about payment options, go to How to pay How this price is calculated Product Quantity Price EB188 BI&I Significant Investor (Prov) 1 14,670.00 GST 0.00 Total AUD 14,670.00

Processing Time

for an indication of processing times for this visa, use the visa processing time guide tool. This will show the processing times for recently decided applications. It is a guide only and not specific to your application.

Conditions

See all conditions

You need to

  • be invited to lodge this visa application
  • 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

Help with your visa

If you are getting help with your visa, before you pay someone, read information on Who can help with your visa application.

With this visa, you may

Official Home Affairs Source

This page reorganises and paraphrases Home Affairs material for readability. Always confirm critical details against the official source before acting.

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