Important Update – 2022-23 Business Innovation and Investment Program now open

South Australia’s Business Innovation and Investment Program (BIIP) is now open for the 2022-23 program year. 

The Business Migration program seeks to attract high quality business owners, investors and entrepreneurs who can create genuine and sustainable business opportunities in South Australia, including in the regions, that benefit the State’s economy, local businesses and the workforce. 

There will be four visa streams available for nomination under the Business Innovation and Investment visa (subclass 188): 

• Business Innovation Stream (188A)

• Investor Stream (188B)

• Significant Investor Stream (188C)

• Entrepreneur Stream (188E)

The program will be highly competitive due to the limited interim allocation of 70 nomination places that South Australia has received from the Commonwealth Government Department of Home Affairs. Accordingly, applicants for the Business Innovation Stream (188A) will be required to submit an Intention to Apply (ITA) for consideration.  

Before submitting an ITA (188A only) or application, we encourage you to read South Australia’s BIIP nomination requirements for the 2022-23 program year to see if you are eligible for state nomination.  

All information and requirements for South Australian nomination is available on the business migrants section of this website. 

Humble Goode is here to help.

If you want to learn more about the significant investor pathway, reach out to us o discuss your options.

The team at Humble Goode can connect you with highly skilled migration lawyers with expertise in Subclass 188 Visa applications, and we can then assist you with developing a well diversified investment portfolio, to ensure you meet your minimum investment requirements.

We ensure your investments will meet the strict complying investment framework (CIF), to put you on the path to permanency under the 888 Visa program.