← Australia · 2016

witharrow.ai/volatility-index/australia/fcp-8be3f8f7f87b66ee15eb

Creation of Entrepreneur Visa Stream under Business Innovation and Investment Program

Validated finding · five-country-2010-20260922-v118-evidence-presentation-fix

CountryAustralia
Operative dateSeptember 10, 2016
CategoryLabor migration / business migration
Policy toolPoints / investment visa category
Affected groupEntrepreneurs and startup founders

Policy effect

Established an Entrepreneur stream within the Subclass 188 (Provisional) and Subclass 888 (Permanent) Business Innovation and Investment visa framework for entrepreneurs with funding of at least $200,000 from an approved third party.

Conditions and exceptions

Validated condition or limit: Established an Entrepreneur stream within the Subclass 188 (Provisional) and Subclass 888 (Permanent) Business Innovation and Investment visa framework for entrepreneurs with funding of at least $200,000 from an approved third party.

Official source excerpt

Quoted verbatim from the official source below. Ellipses indicate omitted text.

If an applicant applies for a Subclass 188 visa in the Entrepreneur stream, the criteria in Subdivisions 188.21 and 188.28 are the primary criteria. … If an applicant applies for a Subclass 888 visa in the Entrepreneur stream, the criteria in Subdivisions 888.21 and 888.26 are the primary criteria for the grant of the visa. … 1. The whole of this instrument 10 September 2016. … For the grant of a Subclass 188 (Business Innovation and Investment (Provisional)) visa in the Entrepreneur stream, the applicant must be undertaking, or proposing to undertake, a complying entrepreneurial activity … the total amount of the funding provided or to be provided under the agreement or agreements is at least $200,000; … The applicant must be nominated by a State or Territory government agency … An applicant seeking to satisfy the primary criteria for the grant of a Subclass 888 (Business Innovation and Investment (Permanent)) visa in the Entrepreneur stream must hold a Subclass 188 (Business Innovation and Investment (Provisional)) visa in the Entrepreneur stream.
Australian Federal Register of LegislationOpen official source
Retrieved from https://www.legislation.gov.au/F2016L01391/asmade/2016-09-01/text/original/pdf

Review method

Gemini 3.5 Flash-Lite extraction with independent Gemini 3.8 Flash verification

Automated source validation is not independent human legal review. The finding should not be treated as legal advice. Record fcp-8be3f8f7f87b66ee15eb. Something wrong? Flag this record.