Business Innovation and Investment (Permanent) Visa (Subclass 888)
Elevate Your Business Journey with the Subclass 888 Visa
Explore multiple streams tailored to fit your business and investment needs
The Business Innovation and Investment (Permanent) Visa (Subclass 888) is a permanent visa that allows holders of the Subclass 188 visa to continue owning and managing a business in Australia, or to continue business and investment activity in Australia.
Types:
- Business Innovation Stream: For people who hold a provisional Business Innovation and Investment Visa (Subclass 188) in the Business Innovation Stream and have met certain business requirements in Australia.
- Investor Stream: For people who hold a provisional Business Innovation and Investment Visa (Subclass 188) in the Investor Stream and have maintained their investment in Australia.
- Significant Investor Stream: For people who hold a provisional Business Innovation and Investment Visa (Subclass 188) in the Significant Investor Stream and have maintained their investment in Australia.
- Premium Investor Stream: For people who hold a provisional Business Innovation and Investment Visa (Subclass 188) in the Premium Investor Stream and have maintained their investment in Australia.
- Entrepreneur Stream: For people who hold a provisional Business Innovation and Investment Visa (Subclass 188) in the Entrepreneur Stream and have met certain business and residency requirements in Australia.
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Must hold a Subclass 188 visa and have met the requirements of that visa.
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Must have a nomination from a state or territory government agency or Austrade.
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Must meet specific requirements for each stream (e.g., business activity, investment maintenance).
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Must meet health and character requirements.
Eligibility
What You Can Do When You Hold This Visa
Holding the Business Innovation and Investment Visa allows you to fully embrace life in Australia by living, working, and studying permanently, while also continuing to own and manage your business or investments. You can share this journey with your loved ones by sponsoring eligible family members for permanent residency, enjoy the freedom to travel in and out of Australia for five years, and ultimately set your sights on applying for Australian citizenship, paving the way for a bright future filled with opportunities.