This visa allows holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream to extend their stay in Australia for 2 more years.
Visa type
Provisional
Eligibility
Already hold a Business Innovation and Investment (Provisional) visa (subclass 188) Innovation stream and have held it for at least three years.
Must not have held more than one Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream.
Have maintained ownership interest in your nominated main business and have the business operate actively in Australia for at least 2 years immediately before applying for the visa
Have maintained your commitment to stay directly involved in the day-to-day management and decision-making of the business.
Have a current nomination from a State or Territory agency before being invited to apply for this visa.
Not have a history of involvement in unacceptable activities
Have functional English
Meet the character requirement
Meet the health requirement
Have no debt to the Australian Government