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:
Want to know more from an expert?
Enter your details below, one of our experts will get back to you as soon as possible.
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
Want to get more information?
Signup to our Newsletter