Under this visa, holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the (subclass 188) in the Investor stream can continue their investment activities and live in Australia permanently.
What does the Business Innovation & Investment Permanent Visa (subclass 888)
Investor Stream allow you to do?
Visa holders can:
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continue their investment activities started under their Business Innovation and Investment (Provisional) visa
live in Australia indefinitely
work and study in Australia
Eligibility for the Business Innovation & Investment Permanent Visa (subclass 888)
Investor Stream
Applicants for this stream must:
be the primary holder of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream.
meet certain investment requirements related to their provisional visa
have a current nomination from an Australian state or territory
have a genuine and realistic commitment to their business or investment activity in Australia after the original investment
have at least functional English if they didn’t pay a second instalment of the visa application charge for their subclass 188 visa.
meet the relevant character and health requirements
not have had a visa cancelled or refused
have paid or made arrangements to pay back any money owed to the Australian government
STAY
Permanently
PROCESSING TIME
Unavailable
COST
From AUD 2,405
Read about Business Innovation & Investment Provisional Visa (subclass 188) Investor Stream
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