Business Innovation and Investment (Permanent) visa (Subclass 888)

  For entrepreneurs, investors and business owners to continue their activity in Australia.

  Basic Eligibility 

  hold a relevant stream of the subclass 188 visa or in relation to applications for a subclass 888 visa in the Business Innovation stream, hold a relevant stream of the subclass 188 visa.

  Business Innovation stream

  This visa lets holders and certain people who have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, stay permanently.

  you must hold a subclass 188 in the business innovation stream,subclass 444 visa or certain holders of subclass 457 visa

  you must be able to show ongoing business involvement

  Investor stream

  This visa lets you continue your investment activities in Australia  permanently.

  you must hold a subclass 188 in the investor stream 

  you must have held a designated investment of AUD1.5 million for 4 years

  Significant Investor stream

  This visa lets you continue your investment activities in Australia permanently.

  you must hold a subclass 188 visa in the Significant Investor stream or Significant Investor Extension stream

  you must have held a complying investment of AUD 5 million for 4 years