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Innovation and Investment Program
The Business Innovation and Investment Program is designed to increase entrepreneurial talent and diversify business expertise in Australia. It is positioned to target migrants that have a demonstrated history of success in innovation, investment and business and are able to make a significant contribution to the national innovation system and to the Australian economy.
As the first step of applying for a Subclass 188 or Subclass 132 visa under the Business Innovation and Investment program, you must submit an expression of interest ("EOI") in SkillSelect. If you are nominated by a state or territory, you will receive an invitation and only then could an application be made. If you receive an invitation subsequent to the submission of your EOI, further information on how to lodge an application will be provided in the letter of invitation. Once you receive an invitation, you are required to make an application within 60 days.
If you usually live in Taiwan or the People's Republic of China (including Hong Kong and Macau), you should provide your supporting documents to our office within 28 days after you have lodged your online application. Please refer to the following information on documentation requirements for applications processed by the Hong Kong Business Skills Processing Centre.
For information about Business Innovation and Investment program, please refer to:
Guidelines on documentation requirements for applicants from the People's Republic of China.
For Subclass 188 - Significant Investor Visa Applications
Document Checklist for Subclass 188 SIV (pdf, 118kb)
For Business Innovation and Investment Visa Applications from PRC residents
Document Checklist for Subclass 132 (pdf, 169kb)
Document Checklist for Subclass 188 (pdf, 189kb)
For Business Innovation and Investment Visa Applications from Macau residents
Document Checklist for Subclass 132
Document Checklist for Subclass 188
For Business Innovation and Investment Visa Applications from Hong Kong residents
Document Checklist for Subclass 132 (pdf, 155kb)
Document Checklist for Subclass 188 (pdf, 183kb)
For Business Innovation and Investment Visa Applications from Taiwan residents
Document Checklist for Subclass 132 (pdf, 138kb)
Document Checklist for Subclass 188 (pdf, 149kb)
Please note that the Visa Officer may also ask for other documents on a case by case basis, depending on the circumstances of the case.
Due to the volume of evidence required we cannot accept these documents by email. All documents can be sent by post or courier to:
Hong Kong Business Skills Processing Centre
Australian Consulate-General Hong Kong
23/F, Harbour Centre
25 Harbour Road
Wan Chai, Hong Kong
Please note that the Australian Visa Application Centre (AVAC) in Hong Kong reopened on 5 August to provide a document drop off service for the Business Innovation and Investment Program only (i.e. subclass 132 and subclass 188 visa applications). Business Innovation and Investment Program applicants also needing assistance with completing their visa application forms online can avail this service at the AVAC. For AVAC services fees apply. For more information, please visit: https://www.vfsglobal.com/australia/hongkong/index.html
Business Innovation and Investment Program exchange rates
Hong Kong Dollar
Chinese Yuan Renminbi
For balance dates other than those specified above, we recommend that you consult the following website:
Page Last Updated: 7 April 2020