permanent-innovation-min (1)
This visa allows existing holders of the Business Innovation and investment Provisional Visa (subclass 188) to continue operating their business in Australia permanently.

What does the Business Innovation & Investment Permanent Visa (Subclass 888)
Business Innovation Stream allow you to do?

Visa holders can:

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continue business activities that had started under the Business Innovation and Investment (Provisional) visa

work and study in Australia

apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Business Innovation stream

Eligibility for the Business Innovation & Investment Permanent Visa (Subclass 888)
Business Innovation Stream

Applicants must:

own and manage a business in Australia

have had an annual turnover of at least AUD300,000 from their main business (or businesses)

hold a Business Innovation and Investment (Provisional) visa in the Business Innovation stream, a Special Category visa, or, in some cases, a subclass 457 visa

meet certain business requirements

have a current nomination from an Australian state or territory

not have been involved in business or investment activities that are unacceptable in Australia. This also applies to their partner

have functional English.

meet the relevant character and health requirements

not have had a visa cancelled or refused

STAY

Permanently

PROCESSING TIME

Unavailable

COST

From AUD 2,405

Read about Business Innovation & Investment Provisional Visa (subclass 188) Business Innovation Stream

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