The Business Innovation and Investment - provisional / subclass 188 is a state nominated provisional visa which is valid for four years. It is a pathway to permanent residency, through the Business Innovation and Investment (Permanent) (subclass 888) visa.
This visa is only available to business migrants who:
This visa allows you to stay in Queensland on a permanent basis if you have a genuine commitment to maintain your business and investment activity.
You must be nominated by a state or territory government to be eligible for this visa.
To obtain Queensland state nomination for this visa, you must demonstrate that you have fulfilled the requirements of your State/Territory Sponsored Investor (Provisional) (subclass 165) visa.
To be eligible for Queensland state nomination, you must:
Two weeks once Business and Skilled Migration Queensland has received your application and supporting documents.