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Business Innovation and Investment (Permanent) visa (subclass 888)Working and skilled visas

Significant Investor stream

This visa allows you to continue your investment activities in Australia permanently.

At a Glance

Stay

This is a permanent visa.

Cost

From AUD 3,500.00

Processing Time

for an indication of processing times for this visa, use the visa processing time guide tool. This will show the processing times for recently decided applications. It is a guide only and not specific to your application.

Conditions

See all conditions

You need to

  • hold, or for some people, must have held, a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream or Significant Investor Extension stream, and
  • continue to hold your complying investment or complying significant investment, as required for your subclass 188 visa, during the period of that visa
  • have a current nomination from a state or territory government agency or Austrade which has not been withdrawn.

There are concessions for some people affected by the consequences of the COVID-19 pandemic.

Help with your visa

If you are getting help with your visa, before you pay someone, read information on Who can help with your visa application.

lodge an application

With this visa, you may

  • continue to conduct business and investment activity in Australia
  • remain in Australia permanently
  • work and study in Australia

Official Home Affairs Source

This page reorganises and paraphrases Home Affairs material for readability. Always confirm critical details against the official source before acting.

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