Australian Education and Migration Services

Business Visa Types

Business Innovation and Investment Visa (Subclass 888)

After doing business in Australia for 2 years while holding a 188 visa, you are eligible to apply for permanent resident visa (888), if you meet the following requirements. The visa has two streams: Business innovation stream and Investor stream

Business innovation stream

If you are applying for the Business Innovation stream, you must have been in Australia as a 188-visa holder for at least one year in the two years immediately before you apply, and must meet requirements for owning and operating a business in Australia while on a provisional visa subclass 188A.

Investor Stream

If you are applying for this visa in the Investor stream, you must have been in Australia and held visa 188B for at least two of the four years immidiately before you apply. In addition, you (or you and your partner combinmed) must have held a designated investment with an Australian state or territory for at least four years.

Significant Investor Stream

If you are applying for a permanent visa (subclass 888) in the Significant Investor stream, you must:

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