Business Innovation and Investment (provisional) visa - Investor stream （188B）requires you to invest at least AUD1.5 million in an Australian State or Territory and maintain business or investment activity in Australia.

With this visa, you can

• carry out business and investment activity in Australia

• can stay in Australia for up to 4 years and 3 months

• leave and re-enter Australia as many times as you want while the visa is valid

• bring eligible members of your family with you

• apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Investor stream if certain requirements are met

You must

• not turn 55 years of age at the time of the invitation to apply for the visa, unless the State or Territory government agency has determined your investment will be of exceptional economic benefit

• score at least 65 on the points test

• make an investment of AUD1.5 million in an Australian State or Territory

• have net business, investment and personal assets of at least AUD2.25 million

• have managed a qualifying business or investments to the value of at least AUD1.5million.

• have a genuine intention to live for at least 2 years in the State or Territory in which you have made the investment application

• have at least 3 years' experience managing one or more qualifying businesses or eligible investments

• have a successful record of eligible investment or qualifying business activity

• have demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity

• have had no history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia

• either have at least functional English or pay the second instalment of the visa application charge if any applicant aged 18 or over at the time of application