Points Table for Business Innovation & Investment visa (Subclass 188)
The table below includes the 1 July 2021 changes.
Use the 188 Points Table below to calculate your eligible points for submitting your Expression Of Interest (EOI). Points criteria are assessed at the time of invitation.
You will only be awarded one set of points under each factor within this 188 Points Table. For example, if you have an English language ability of Proficient, you will be awarded 10 points for Proficient English and not points for both Proficient English and Vocational English.
| FACTOR | DESCRIPTION | POINTS |
|---|---|---|
| Age | 18–24 years | 20 |
| 25–32 years | 30 | |
| 33–39 years | 25 | |
| 40–44 years | 20 | |
| 45–54 years | 15 | |
| 55 and older | 0 | |
| English language ability | Vocational English | 5 |
| Proficient English | 10 | |
| Educational qualifications | Trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an educational institution of a recognised standard | 5 |
| A Bachelor degree in business, science or technology by an Australian institution; or a bachelor qualification in business, science or technology by an educational institution of a recognised standard | 10 | |
| Financial assets | Net business and personal assets of you, your partner or you and your partner combined in each of the preceding 2 fiscal years of at least: | |
| Not less than AUD1.25 million | 5 | |
| Not less than AUD1.75 million | 15 | |
| Not less than AUD2.25 million | 25 | |
| Not less than AUD2.75 million | 35 | |
| Business turnover | You had an ownership interest in one or more main businesses that had an annual turnover in at least 2 of the 4 fiscal years immediately before the time of invitation to apply for the visa: | |
| Not less than AUD500,000 | 5 | |
| Not less than AUD1 million | 15 | |
| Not less than AUD1.5 million | 25 | |
| Not less than AUD2 million | 35 | |
| Business Innovation stream only (Business experience) | You have held 1 or more main businesses before you were invited to apply for the visa for: | |
| Not less than 4 years within the preceding 5 years | 10 | |
| Not less than 7 years within the preceding 8 years | 15 | |
| Investor stream only (Investor experience) | Immediately before the time of application you held eligible investments of at least AUD250,000 held for: | |
| Not less than 4 years | 10 | |
| Not less than 7 years | 15 | |
| Business innovation qualifications | Patents or designs registered not less than 1 year before that time and used in the day to day activities of the main business | 15 |
| Trademarks registered not less than 1 year before that time and used in the day to day activities of the main business | 10 | |
| An ownership in and day to day participation in the management of one or more main business operated under a formal joint venture agreement/s entered into no less than 1 year before the time | 5 | |
| An ownership interest in a main business/s that derives no less than 50% of its annual turnover from export trade | 15 | |
| An ownership interest in a main buisness/s not more that 5 years before : * had an average annualised growth in turnover that was greater than 20% per annum over 3 continuous fiscal years; and * in at least one of the 3 fiscal years employed 10 or more employees for a total number of hours that was at least the total number of hours that would have been worked by 10 full-time employees | 10 | |
| An ownership interest in a main business/s that received : * a grant from a government body in your home country of at least AUD10,000 for the purposes of early phase start up of a business, product commercialisation, business development or business expansion , or * venture capital funding of at least AUD100,000 not more than 4 years before the time of the invitation for the purposes of early phase start up of a business, product commercialisation, business development or business expansion | 10 | |
| Special endorsement | The nominating State or Territory government agency has determined that your proposed business is of unique and important benefit to the State or Territory where the nominating government agency is located | 10 |
SEND US A MESSAGE
Check out our latest updates
- SkillSelect Invitation Rounds – 6 October 2022Invitations Issued this month Visa SubclassNumberSkilled Independent visa (subclass 189)11,714Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored818 Invitation Process and Cut Offs Visa SubclassMinimum Points ScoreLatest Date of EffectSkilled Independent visa (subclass 189)6510/2022Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored)6510/2022 Occupations included in this month’s invitation round * Results could indicate […]
- SkillSelect Invitation Rounds – 22 August 2022Invitations Issued this month Visa Subclass Number Skilled Independent visa (subclass 189) 12,200 Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored 466 Invitation Process and Cut Offs Visa Subclass Minimum Points Score Latest Date of Effect Skilled Independent visa (subclass 189) 65 08/2022 Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored) […]
- SkillSelect Invitation Rounds – 21 April 2022Invitations Issued this month Visa Subclass Number Skilled Independent visa (subclass 189) 1000 Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored 500 Invitation Process and Cut Offs Visa Subclass Minimum Points Score Latest Date of Effect Skilled Independent visa (subclass 189) 85 05/2020 Skilled Work Regional (Provisional) visa (subclass 491) – Family Sponsored) […]
EN 
ZH