Business and investor visas
Business and investor visas allow you to operate a business in New South Wales, engage in business and investment ventures, or launch entrepreneurial initiatives within the state.
Business Innovation and Investment (Provisional) visa (subclass 188) is closed for new applications
Home Affairs is no longer accepting new applications for this visa. The Business Innovation and Investment Program (BIIP) is closed as of 31 July 2024.
Business Innovation and Investment (Provisional) visa (subclass 188)—Extension
This provisional visa allows you additional time to meet the criteria for transitioning to permanent residency.
188 – Business Innovation Extension stream
This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream extend their stay in NSW.
188 – Significant Investor Extension stream
This provisional visa lets holders of a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream holders extend their stay in NSW for up to 4 more years.
Permanent visas
Permanent visas allow the holder to remain in Australia indefinitely. You can find out more about permanent visas and residency status on the Department of Home Affairs website.
Business Innovation and Investment (Permanent) visa (subclass 888)
This permanent visa allows you to continue to live in Australia and undertake business and investment activities if you are currently on a provisional visa.
888 – Business Innovation stream
888 – Investor stream
888 – Significant Investor stream
888 – Entrepreneur stream
Other visas
405 – Investor Retirement visa (Rollover)
Further information
For answers to our most commonly asked business and investor visa questions, see our Commonly asked questions about Business and Investor visas page.
Returning applicants can view our Legacy nomination criteria page for information about applying to NSW if you were first nominated before 1 July 2021.
Contact the NSW Business and Investor migration team for all other enquires.