Australia Business Innovation and Investment (Subclass 188) Cost

Temporary visa for business owners and investors.

Fee Overview

Key costs for Business Innovation and Investment (Subclass 188)

Visa Application FeeA$6,085 – A$6,085

Medical ExaminationA$450 – A$600

Language TestA$0 – A$550

Legal Fees (optional)A$8,000 – A$20,000

Proof of Funds (single)A$1,250,000

Not a payable fee - must be demonstrated in bank account

Last verified: 3/13/2026

Source: Department of Home Affairs 2024

Business Innovation and Investment (provisional) visa for business owners, investors, entrepreneurs. Multiple streams with different requirements. Business Innovation: turnover $1.25M+, 30% ownership. Investor: $2.5M investment. Significant Investor: $5M investment. Leads to permanent visa 888 after requirements met.