Business innovation and investment (Permanent) visa
(subclass 888)
Business Innovation and Investment (Permanent) visa (subclass 888)
Business Innovation stream
This visa allows individuals holding a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, or those with a subclass 444 (Special Category) visa, or specific holders of a subclass 457 (Business (Long Stay)) visa, to permanently reside in Australia.
To apply, you must complete the online application process. Eligible applicants include holders of a subclass 188 visa in the business innovation stream, subclass 444 visa holders, or certain subclass 457 visa holders. Additionally, you must demonstrate ongoing involvement in business activities.
Stay
Permanently
Cost
From AUD3,310.00
Processing Time
To estimate the processing times for this visa, you can utilize the visa processing time guide tool. This tool provides an indication of the processing times for recently decided applications. However, please note that it serves as a general guide and may not be specific to your application.
Business Innovation and Investment (Permanent) visa (subclass 888)
Investor stream
This visa enables you to continue your investment activities in Australia permanently.
To apply, you must complete the online application process. Eligible applicants must hold a subclass 188 visa in the investor stream and have maintained a designated investment of AUD 1.5 million for a minimum of 4 years.
Stay
Permanently
Cost
From AUD3,310.00
Processing Time
To estimate the processing times for this visa, you can utilize the visa processing time guide tool. This tool provides an indication of the processing times for recently decided applications. However, please note that it serves as a general guide and may not be specific to your application.
Business Innovation and Investment (Permanent) visa (subclass 888)
Significant Investor stream
This visa allows you to sustain your investment activities in Australia permanently.
To apply, you must complete the online application process. Eligible applicants must hold a subclass 188 visa in the Significant Investor stream or Significant Investor Extension stream. Additionally, you must have maintained a complying investment of AUD 5 million for a minimum of 4 years.
Stay
This is a permanent visa.
Cost
From AUD3,310.00
Processing Time
To estimate the processing times for this visa, you can utilize the visa processing time guide tool. This tool provides an indication of the processing times for recently decided applications. However, please note that it serves as a general guide and may not be specific to your application.
Business Innovation and Investment (Permanent) visa (subclass 888)
Premium investor stream
This visa allows you to maintain your investment activities in Australia permanently.
To apply, you must complete the online application process. Eligibility requires holding a subclass 188 visa in the Premium Investor stream for at least 12 months. Additionally, you must have maintained a complying investment of AUD 15 million throughout the duration of your subclass 188 visa.
Stay
Permanently
Cost
From AUD3,310.00
Processing Time
To estimate the processing times for this visa, you can utilize the visa processing time guide tool. This tool provides an indication of the processing times for recently decided applications. However, please note that it serves as a general guide and may not be specific to your application.
Business Innovation and Investment (Permanent) visa (subclass 888)
Entrepreneur stream
This visa enables holders, and in certain circumstances, individuals who have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream, to reside permanently in Australia.
To be eligible, you must have held a subclass 188 visa in the Entrepreneur stream for a minimum of 4 years and have lived in Australia for at least 2 years while holding the aforementioned visa. Additionally, you must demonstrate a successful track record of entrepreneurial activity in Australia during the period of your subclass 188 visa.
Stay
Permanently
Cost
From AUD3,310.00
Processing Time
To estimate the processing times for this visa, you can utilize the visa processing time guide tool. This tool provides an indication of the processing times for recently decided applications. However, please note that it serves as a general guide and may not be specific to your application.