BUSINESS VISAS
Business Innovation and Investment (Permanent) Visa — Subclass 888
Individuals who have held a Business Provisional visa and satisfied stream‑specific requirements can progress to the Business Innovation and Investment (Permanent) visa (subclass 888). Depending on the stream, this visa allows you to continue operating a business or investment activity in Australia.
Professional guidance can simplify the process. Our experienced migration agents can help assess eligibility, prepare evidence, and lodge a complete application.
Highlights
- Unlimited stay in Australia (permanent residency).
- Work and study rights in Australia.
- Access to Medicare (Australia's public healthcare system).
- Include eligible family members and support their PR pathway.
- Travel to and from Australia for five years from visa grant (new travel facility/visa may be required thereafter).
Key Eligibility Requirements
- Hold an eligible Business Provisional visa, be a primary SCV holder (if applicable), or previously held a Business (Long Stay) visa subclass 457IE.
- Be nominated by an Australian State or Territory Government (stream‑specific nomination required).
- All accompanying family members must meet health and character requirements.
- No history of unlawful activities in Australia.
- Commitment to lawful investment and business activities in Australia.
- No outstanding debts to the Australian Government (or arrangements to repay).
- Comply with Commonwealth and relevant State/Territory laws where your business operates.