Business Migration

Business Innovation and Investment (Provisional) visa (subclass 188)——Points test

Age
18-24 years 20
25-32 years 30
33-39 years 25
40-44 years 20
45-54 years 15
English language ability
Vocational English: IELTS 5 on each of the four components of speaking, reading, listening and writing 5
Proficient English: IELTS 7 or OET score B on each of the four components of speaking, reading, listening and writing 10
Qualifications
Australian trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an education institution of a recognised standard 5
Bachelor degree in business, science or technology by an Australian institution; or a bachelor qualification by an education institution of a recognised standard 10
Business Innovation stream only - Business experience
You have held one or more businesses before you were invited to apply for the visa for:
Not less than four years within the preceding five years 10
Not less than seven years within the preceding eight years 15
Investor stream only - Investor experience
Eligible investment of at least AUD100 000 held for:
At least four years before the time of invitation to apply for the visa 10
At least seven years before the time of invitation to apply for the visa 15
Financial assets
Net business and personal assets of you, your partner or you and your partner combined in each of the preceding two years of at least:
AUD800 000 5
AUD1.3 million 15
AUD1.8 million 25
AUD2.25 million 35
Business turnover
Annual turnover in your main business during a period of at least two years of the preceding four fiscal years of at least:
AUD500 000 5
AUD1 million 15
AUD1.5 million 25
AUD2 million 35
Business innovation qualifications - At the time of invitation to apply for the visa:
Evidence of registered patents or registered designs 15
Evidence of registered trademarks 10
Evidence of formal joint venture agreements 5
Evidence of export trade 15
Evidence of ownership interest in a gazelle business 10
Evidence of receipt of grants or venture capital funding 10
State or territory nomination
Special endorsement (limited places) 10
Total Points: