Business Innovation and Investment (Permanent) – Subclass 888 Visa - Make Australia Your Home

The Subclass 888 Visa can be the right pathway for you if you are a business owner or investor seeking to settle permanently in Australia. The subclass 888 visa allows a holder of a temporary business visit visa to transition into permanent residency in Australia, as long as they have undertaken the requisite steps that the stream requires.

What is the Subclass 888 Visa?

The Business Innovation and Investment (Permanent) Subclass 888 Visa is the second stage of the Business Innovation and Investment visa program. This is available to those who already hold a Subclass 188 visa and have satisfied the conditions of their stream. Once granted, this visa allows the holder to live, work, and do business in Australia without restrictions, permanently.

Available Streams under Subclass 888 Visa

There are five streams available under this visa. Each stream is tailored for specific business or investment activities:

1. Business Innovation Stream

The Business Innovation Stream is for business owners who previously operated a business in Australia successfully. This stream assists you in continuing your management and growth of your business in Australia.

2. Investor Stream

The Investor Stream is for people who have invested a minimum of AUD 1.5 million in an approved qualifying Australian investment. This visa is most suitable for those who are experienced investors looking for opportunities to invest long-term.

3. Significant Investor Stream

The Significant Investor Stream is for an individual who invested AUD 5 million in approved eligible investments, such as venture capital and private equity funds or emerging companies.It helps support innovation and the growth of business in Australia.

4. Premium Investor Stream

For those who have invested AUD 15 million in approved investments, which are defined as Australian bonds, listed securities, or philanthropy. The premium investor stream is for an individual who is a large contributor with a large scale of investment.

5. Entrepreneur Stream

The Entrepreneur Stream is for entrepreneurs who have received at least AUD 200,000 in funding from a qualified Funding Entity in Australia to carry out a business idea or an innovation in Australia.

Eligibility Requirements

To be eligible for a Business Innovation and Investment (Permanent) Subclass 888 Visa, you must:

• Hold a valid Subclass 188 visa or Subclass 444 (for citizens of New Zealand) visa
• Have met the specific conditions of your visa stream for your Subclass 188 visa
• Satisfy general eligibility criteria, such as health, character, and English language requirements
• Have a nomination from a state or territory government in Australia

Each state or territory may have additional requirements related to business activity, value of investment, and duration of residence.

What Are the Benefits?

Under a Business Innovation and Investment (Permanent) Subclass 888 Visa, you can:

• Live permanently in Australia
• Continue your business activities or investment
• Work or study anywhere
• Access Medicare (Australia's public healthcare system)
• Apply for Australian citizenship (if you are eligible)
• Sponsor your family for permanent residency
• Travel to and from Australia for five years from the date the visa was approved.

Who Is This Visa For?

This visa is ideal for:

• Entrepreneurs launching or expanding a business.
• Investors involved in long-term investments.
• High-net-worth individuals looking for opportunities through Investment immigration to Australia.
• Holders of an Australian business visa (Subclass 188) looking to secure permanent residency in Australia.

Need Help With Your Application?

Our expert consultants are here to help you through each step. From document preparation to meeting eligibility, we guide you carefully.

• Call us: +91 859 533 8595
• Email us: [email protected]

Let’s take the next step toward your new life in Australia with the Australian investor visa that fits your goals.