Under this visa, holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Premium Investor stream are allowed to continue their investment activities and live in Australia indefinitely.
What does the Business Innovation & Investment Permanent Visa (subclass 888)
– Premium Investor Stream allow you to do?
Visa holders can:
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continue to carry on business and investment activities in Australia
live in Australia indefinitely
work and study in Australia
Eligibility for the Business Innovation & Investment Permanent Visa (subclass 188) – Premium Investor Stream
Applicants for this stream must:
hold a Business Innovation and Investment (Provisional) (subclass 188) visa in the Premium Investor stream
meet certain investment requirements related to their provisional visa
have a current nomination from an Australian state or territory, or Austrade
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
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) Premium Investor Stream
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