Business Innovation & Investment - Permanent

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SUB-CLASS 888

BUSINESS INNOVATION AND INVESTMENT

(PERMANENT)

The Business Innovation and Investment (Permanent) visa (subclass 888) is the second stage of the Business Innovation and Investment visa (subclass 188). You can apply for it after you have fulfilled the requirements of your provisional visa.
You do not need to submit a new Expression of Interest to apply for this visa.

Requirements

Eigibility for this visa is subject to theses provisions.

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Hold a provisional Business Innovation and Investment visa (subclass 188)

Have met the requirements of that visa in the stream in which you first applied

Are nominated by a state or territory

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Benefits of this Visa

This visa allows you to:

Continue to own and manage a business in Australia (the Business Innovation stream)

Continue business and investment activity in Australia (the Investor Stream and the Significant Investor stream).

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