The program enables holders of the Subclass 188 Visa Investor Stream to continue business activities in Australia indefinitely.
Business Innovation and Investment (permanent) visa (subclass 888) Investor Stream allows holders of the Business Innovation and Investment (provisional) visa (subclass 188) Investor Stream to continue business activities in Australia indefinitely. After holding the investment for 4 years and fulfilling certain residency requirements, subclass 188 visa holders can apply for subclass 888 permanent visa. This is an essential process for subclass 188 visa holders to apply for Australian Permanent Residence.Eligibility Assessment Talk to expert
1. Applicants must be the primary holders of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream.
2. Applicants must have held the investment of AUD 1.5 million for at least 4 years.
3. The main applicant or the accompany applicant must have lived in Australia for at least 2 of the 4 years immediately before application.
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