🇦🇺 Australia · Investor

Subclass 188 — Business Innovation and Investment (Provisional) [CLOSED to new applications] — requirements, costs & how to apply

Official source Updated 2026-06-08 · Government page ↗

Who is eligible

Minimum monthly income€3,567
Minimum annual salary€42,812
Proof of savings€764,388
Minimum investment€1,528,775
Work experience3+ years
Age range18–45

Costs

Application / consular fee€1,835

How to apply

  1. Confirm you meet the eligibility above.
  2. Gather documents and apply via the official portal: https://immi.homeaffairs.gov.au.
  3. Typical processing: ~90 days.

Frequently asked

How much income do I need?

You must show €3,567.

Sources & verification

Every figure on this page is taken from an official government source and dated. Nothing is inferred.

Minimum monthly income
https://immi.homeaffairs.gov.au · verified 2026-06-08
Minimum annual salary
https://immi.homeaffairs.gov.au · verified 2026-06-08
Proof of savings
https://immi.homeaffairs.gov.au · verified 2026-06-08
Minimum investment
https://immi.homeaffairs.gov.au · verified 2026-06-08
Work experience
https://immi.homeaffairs.gov.au · verified 2026-06-08
Age range
https://immi.homeaffairs.gov.au · verified 2026-06-08
Application fee
https://immi.homeaffairs.gov.au · verified 2026-06-08

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Informational only, not legal or immigration advice. Requirements change — always confirm on the official government source linked above before applying. Last verified 2026-06-08.

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