The Business Innovation and Investment (Provisional) visa, subclass 188, is divided into four categories or streams, each catering to a distinct type of businessperson or investor. These streams are designed to provide a pathway for successful business people and investors to obtain lawful permanent residence in Australia. To be eligible for this visa, applicants must have submitted an Expression of Interest via the Skill Select method, and they must not have engaged in any unethical or unlawful business or financial activities. Upon spending one year in Australia, applicants can typically apply for permanent residency through subclass 888.