The Business Innovation and Investment Program closed to new applications on 31 July 2024. Applications lodged before that date are still being processed. The subclass 888 visa remains available to existing subclass 188 holders who meet its requirements. The information below is kept for reference.

Australia offers a range of business visa options to successful business people and investors who would like to move to Australia and set up a new business, bring over an existing business or carry on investment activity in Australia.

Business visas to Australia are obtained through the Department of Home Affairs Business Innovation and Investment Program. This program is designed to encourage successful business people and investors to settle in Australia and carry on business and investment activity in Australia.

The business Innovation and Investment Program is a state or territory government nomination program which means that successful business visa applicants must first be nominated by a state or territory government for a business visa.