HomeBusiness Visas Business Innovation and Investment (Permanent) visa - Subclass 888 Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream
Business Innovation and Investment (Permanent) visa (subclass 888) - Investor stream

Business Innovation and Investment (Permanent) visa (subclass 888) - Investor stream offers

Live & work freely in Australia

Live & work freely in Australia

You have the freedom to live and work anywhere in Australia without restrictions.
Indefinite residency

Indefinite residency

Your 5-year visa can be renewed an unlimited number of times.
Family support

Family support

Sponsorship is available for eligible family members.
Medicare benefits

Medicare benefits

Eligible for comprehensive health coverage through Medicare.
Homeownership assistance

Homeownership assistance

Eligible for $10,000 first home owners grant.
Higher education funding

Higher education funding

Access financial aid through Higher Education Loans Program (HELP).
A clear path to citizenship

A clear path to citizenship

After 4 years of residency, you can become an Australian citizen.
Citizenship for children

Citizenship for children

Children of permanent residents are automatically citizens.

Business Innovation and Investment (Permanent) visa (subclass 888) - Investor stream Eligibility Criteria

This visa is currently closed to new applicants.

To be eligible for the Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream, you must meet the following requirements:

  • Hold, or have held in some cases, a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream
  • Meet certain investment requirements related to your provisional visa
  • Have a current nomination from an Australian state or territory
  • Hold a complying significant investment or have held a designated investment for a certain period of time
  • Meet the residence requirement
  • Not have been involved in unacceptable business or investment activities
  • Have a realistic commitment to continuing business or investment activities
  • Follow Australian laws
  • Have functional English
  • Meet the health and character requirements
  • Sign the Australian values statement
  • Have no debt to the Australian government
  • Not have had a visa cancelled or a previous application refused

Business Innovation and Investment (Permanent) visa (subclass 888) - Investor stream Application Process

This visa is currently closed to new applicants. To explore other visa options and determine your eligibility, book a consultation with a registered migration agent today.

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