Business Innovation and Investment (Permanent)
Subclass 888
What You Can Do
This is a permanent residence visa. It lets you and any family members who have also been granted this visa:
- stay in Australia indefinitely
- work and study in Australia
- enrol in Medicare, Australia's scheme for health-related care and expenses
- apply for Australian citizenship (if you are eligible)
- sponsor eligible relatives for permanent residence
- travel to and from Australia for five years from the date the visa is granted (after that time, you will need a resident return visa or another visa to return to Australia)
Applicant Requirements
You may be eligible for this visa if you:
- you are the primary visa holder of a provisional Business Innovation and Investment visa (subclass 188) and have met all the requirements of your Business Innovation and Investment visa in the stream in which you first applied; or
- you are the secondary visa holder who is the spouse or de facto partner of a provisional Business Innovation and Investment visa (subclass 188) holder in the Investor or Business Innovation stream and can meet all the primary criteria requirements of the permanent Business Innovation and Investment visa in the relevant stream; or
- you hold a Special Category visa (subclass 444) or a Business (Long stay) visa (subclass 457IE) and have met the requirements of the business innovation stream; and
- you and your partner have not been involved in any unacceptable business or investment activities
Enquire about this visa
Client Stories
Ritchie begain his career at the age of 17 as a member of the successful music group 5ive.
Ritchie moved to Australia and found success as restaurateur in Crows Nest, at ‘Small Bar’, and attracting a loyal following of local and tourist drinkers with his exceptional mixology skills, becoming a sommelier.
Steps to apply for a work visa
1
Contact Visacorp to obtain a full assessment of your eligibility for an Australian visa.
2
Visacorp will advise in writing which visa is most suitable for you and confirm your eligibility for the chosen visa. A service agreement (i.e. quote & appointment letter) will be provided to you for your consideration and acceptance.
3
Once Visacorp is appointed we will guide you through the visa preparation process so that the application is presented to the Department of Home Affairs so that it stands the best chance of success
4
Submit visa application to the Department of Home Affairs along with all certified documents
5
Await decision from the Department of Home Affairs.