Australia Business Innovation and Investment Visa (188) vs Australia Global Talent Visa (858)
Australia investor route: 48 months. Australia other route: $2,997 fee.
One of these visas has limited data on file, so some rows read Not specified. Compare the published fields only.
- Duration
- 48 months
- Fee
- $2,997
- Processing
- 8-26 weeks
Next steps
Australia Business Innovation
We may earn a commission if you apply through these links. Eligibility guidance is not legal advice.
Side by side
Australia Business Innovation and Investment Visa (188)
Australia Global Talent Visa (858)
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum investment, one time
Investment types
Application fee, one time
Extra income per adult dependent
Extra income per child dependent
Employment types accepted
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Language requirement
Required documents
Leads to permanent residency
Years to permanent residency
Years to citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Visa type | Investor | Other |
| Status | Active | Active |
| Initial duration, months | 48 | Not specified |
| Renewable | Yes (Renewable) | No |
| Built for | Passive investors | Not specified |
| Minimum age, years | 55 | 18 (Lowest minimum age) |
| Practical minimum age, years | 55 | 18 (Lowest practical minimum age) |
| Nationality restrictions | Open to all nationalities | Open to all nationalities |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Minimum investment, one time | Not specified | Not applicable |
| Investment types | Business creation, Capital transfer | Not applicable |
| Application fee, one time | Not specified | $2,997 |
| Extra income per adult dependent | Not specified | 50% |
| Extra income per child dependent | Not specified | 25% |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Employment types accepted | Business owner, Self-employed | W-2 employee, 1099 contractor, Business owner, Self-employed |
| Social Security counts as income | No | No |
| Pension income recognized | No | No |
| Local work permitted | Yes | Yes |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Processing time, minimum (weeks) | Not specified | 8 weeks |
| Processing time, maximum (weeks) | Not specified | 26 weeks |
| Where to apply | 2 items listedSee where to apply on the visa page | 2 items listedSee where to apply on the visa page |
| Interview required | No | No |
| Medical exam required | Not specified | No |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Leads to permanent residency | Yes | Yes |
| Years to permanent residency | Not specified | 0 years |
| Years to citizenship, PR plus naturalization | Not specified | 4 years |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Australia Business Innovation and Investment Visa (188) | Australia Global Talent Visa (858) |
|---|---|---|
| Health insurance required | Yes | No (No insurance requirement) |
| Local bank account required | No | No |
| Apostille required | No | No |
| US FBI background check required | No | No |
| Certificate of coverage required | No | No |
| Language requirement | Not specified | Functional English may be required (e.g., IELTS 4.5 overall), depending on field of expertise. No strict test mandated... |
| Required documents | 8 items listedSee full list on the visa page | 13 items listedSee full list on the visa page |