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Business Innovation and Investment (Permanent) visa (subclass 888)

Business Innovation stream (subclass 888)

This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, or holders of a subclass 444 (Special Category) visa, or certain holders of a subclass 457 (Business (Long Stay) visa, stay permanently.

Stay: Permanently

Cost: From AUD 2,405

Processing times: There are no standard processing times available for this stream

With this visa, you can

  • continue your business activities started under your Business Innovation and Investment (Provisional) visa
  • stay in Australia permanently
  • work and study in Australia

See all conditions

Check your eligibility

You must

With this visa, you can

To apply for Australia immigration, you can follow the below steps

  • stay in Australia permanently
  • work and study in Australia
  • enrol in Australia's public health care scheme, Medicare
  • sponsor your relatives to come to Australia
  • travel to and from Australia for 5 years
  • if eligible apply for Australian citizenship

How long you can stay

This is a permanent visa. It lets you stay in Australia permanently.

For citizenship purposes, your permanent residency starts on the day:

  • we grant the visa if you are in Australia
  • you enter Australia on this visa if you are outside Australia when we grant this visa

For More Details (Click Here)

Include family

You can include members of the family unit in your application when you apply. You can also add children to your application at any time before we decide on your application.

Family members who apply for the visa must meet our health and character requirements.

Family members who are not coming to Australia might also have to meet our health and character requirements.me" target="_blank"> For More Details (Click Here)

Cost

The visa costs AUD2,405 for the main applicant.

There is also a charge for each family member who applies for the visa with you.

You might have to pay an extra charge for any applicant 18 years old or older who has less than functional English. This charge is the second instalment charge. Pay it only when we ask you to. We will refund the charge if we do not grant you the visa.

The second instalment charge is AUD4,890.

You only need to pay it for family members who did not pay the second instalment charge for their Business Innovation and Investment (Provisional) visa.

You might also have to pay other costs for health checks, police certificates and biometrics.

To work out what your visa will cost use the Visa Pricing Estimator. The estimator does not take into account the second instalment or other costs.

Processing times

We process:

  • 75% of applications in 10 months
  • 90% of applications in 12 months

Your application may take longer to process if:

  • you do not complete the application form correctly
  • you do not include all the documents we need or we need more information from you
  • it takes us time to verify your information

We can't process your application if you do not pay the correct visa application charge. We will notify you if this is the case and if necessary return your application.

For More details Click Here

History Image The first step towards a successful Australian working visa application is getting an evaluation of your case. Fill out our online immigration evaluation, and we will get back to you within 24 hours to discuss your eligibility and visa options.