191 Permanent Residence (Skilled Regional) Visa

191 Permanent Residence (Skilled Regional) Visa

188-B - Business Investment Visa

Australia Subclass 188B Investor

Business Innovation and Investment (provisional) visa (subclass 188) Investor Stream targets successful investors with investment experience in real estate, stock, funds and other fields. It requires applicants to invest at least AUD 1.5 million in an Australian State or Territory and maintain business or investment activity in Australia. After fulfilling certain requirements, holders of this visa can apply for Australian permanent residence through Business Innovation and Investment (permanent) visa (subclass 888) Investor Stream.

Time to residency


Visa-free travel

185 countries and regions

Passport rank​

7th in the world

Residency requirement​

At least 2 year in the state where the applicant is nominated


No inheritance tax

Established time

Program launched in 1981

Time to citizenship

7-11 months

Visa-free travel

144 countries and regions

Passport rank

33rd in the world

Residency requirement

No residency requirements


No worldwide taxation or inheritance tax

Established time

Citizenship program launched in 2013

Application Requirements

To obtain a 188B temporary visa, you need to fulfill following requirements:​

1. The main applicant should be under the age of 55, accompanying children should be unmarried full-time students under the age of 20.

2. In the past two fiscal years, the family net worth should be at least AUD 2.75 million. 

3.At least 3 years of successful investment experience, and one year in the past 5 years with more than 10% of the shares in the business or an investment market value of AUD 2.5 million.

4. Profits more than AUD 1 million through the above-mentioned business or investment;

5. Invest AUD 2.5 million in designated investment (private equity fund/ equity fund/ other corporate debt fund).

6.  A minimum score of 65 in EOI.

Program Benefits