Business Innovation & Investment (Permanent) Visa – Subclass 888

Business Innovation & Investment (Permanent) Visa – Subclass 888

Turn Your Business Success in Australia Into Permanent Residency

The Subclass 888 Business Innovation and Investment (Permanent) Visa is the second stage of the business migration program, allowing holders of the Subclass 188 visa to transition to permanent residency. It recognises your achievements in business or investment while on your provisional visa and rewards your contribution to the Australian economy.

Whether you’ve established a business, made eligible investments, or demonstrated entrepreneurial innovation, this visa opens the door to long-term residency and security for you and your family.

What Is the Subclass 888 Visa?

The Subclass 888 is a permanent residency visa for eligible holders of a Subclass 188 Business Innovation and Investment visa. It confirms your ongoing commitment to Australia by meeting criteria related to your stream: business activity, investment value, or entrepreneurial contributions.

Streams include:

• Business Innovation Stream
• Investor Stream
• Significant Investor Stream
• Entrepreneur Stream

Each stream has distinct requirements, tailored to your migration path.

Why Apply for This Visa?

This visa transforms your temporary business or investment stay into permanent residency — giving you full rights to live and work in Australia.

• Australian PR for you and your family
• No visa expiry or travel restrictions
• Continue managing your business or investments
• Access to Medicare and public services
• Pathway to Australian citizenship

Who Should Consider It?

This visa is suitable for:

• Subclass 188 visa holders who have met their stream-specific criteria
• Business owners and investors who wish to stay in Australia permanently
• High-net-worth individuals seeking a stable and secure long-term home

Subclass 888 Visa Requirements

Requirements vary depending on your stream, but typically include:

• Hold a relevant Subclass 188 visa
• Meet the residency requirement (e.g. time spent in Australia)
• Demonstrate continued business ownership or eligible investments
• Maintain state or territory nomination
• Comply with Australian laws and regulations
• Meet health and character requirements

Application Process: Step-by-Step

1. Ensure eligibility and gather business/investment documentation
2. Secure re-nomination from your original state/territory
3. Apply online through ImmiAccount
4. Complete medical and police checks
5. Await visa outcome (typically within 12 months)

What You’ll Need

• Proof of business activity, turnover, or investments
• Updated nomination confirmation
• Valid identification documents
• Police clearances and health checks

Health & Character Requirements

• Undergo a health assessment
• Provide police certificates from countries lived in for 12+ months

Why Apply with Us?

Achieving PR through Subclass 888 requires strategic planning and accurate reporting — we’re here to guide you every step of the way.

✅ Evaluate your Subclass 188 stream progress and eligibility

✅ Support with re-nomination and documentation

✅ Tailored advice to secure a successful transition to PR

✅ Assistance with citizenship pathway planning

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DISCLAIMER: This information is general in nature. For specific eligibility and updated requirements, please refer to the Department of Home Affairs.