Business&InvestmentVisas
Your pathway to Australian business success
Transform your entrepreneurial aspirations into permanent residency success
Business Innovation and Investment Program
Australia's Business Innovation and Investment Program attracts successful business people who want to develop existing business interests or establish new enterprises. The program offers a clear pathway from provisional to permanent residence.
Multiple visa streams from $200,000 to $15 million investment
Clear pathway to permanent residence via subclass 888
State/territory government nomination required
Priority processing for significant investors
Include eligible family members in application
Visa Categories
Subclass 188 - Business Innovation Stream (188A)
For business owners wanting to establish or develop a business in Australia. Requires minimum AUD $200,000 investment.
Subclass 188 - Investor Stream (188B)
For investors making designated investments of at least AUD $2.5 million in Australian state or territory bonds.
Subclass 188 - Significant Investor Stream (188C)
For high net worth individuals investing AUD $5 million in complying investments. No age limit or points test.
Subclass 188 - Premium Investor Stream (188D)
For ultra high net worth individuals investing AUD $15 million. Fastest pathway with minimal residence requirements.
Subclass 188 - Entrepreneur Stream (188E)
For entrepreneurs with AUD $200,000 funding agreement from approved third party for innovative business ideas.
Subclass 888 - Permanent Residence
The permanent visa pathway after successfully meeting 188 visa requirements. Your gateway to Australian permanent residency.
Key Benefits
Permanent Residency Pathway
Clear progression from provisional 188 visa to permanent 888 visa after meeting requirements
Business Opportunities
Access to Australia's stable economy, skilled workforce, and Asia-Pacific markets
Family Migration
Include spouse/partner and dependent children under 25 in your application
World-Class Lifestyle
Enjoy Australia's high quality of life, healthcare, and education systems
Travel Freedom
Unrestricted travel in and out of Australia during visa validity
Citizenship Eligibility
Pathway to Australian citizenship after meeting residence requirements
Application Process
Determine Eligibility
Assess which stream suits your circumstances and calculate points if applicable
Expression of Interest
Submit EOI through SkillSelect and await invitation from state/territory
State Nomination
Apply for and secure state/territory government nomination
Visa Application
Lodge complete application with business plans and financial documentation
Establish Business
Set up and operate your business or make required investments in Australia
888 Application
Apply for permanent residence after meeting all provisional visa requirements
Requirements
Financial Documentation
- Audited financial statements for 2-4 years
- Business ownership evidence
- Net worth statements verified by accountant
- Bank statements and investment portfolios
- Tax returns and BAS lodgements
- Source of funds declaration
Business Documentation
- Comprehensive business plan
- ABN and business registration
- Employment contracts and payroll records
- Lease agreements and business premises
- Business Activity Statements (BAS)
- Evidence of business management
General Requirements
- Valid passport and travel documents
- Health examinations from panel physician
- Police clearances from all countries
- English language test results (if required)
- State nomination approval
- Compliance with Australian laws
Frequently Asked Questions
What is the Subclass 888 Business Innovation Stream visa?
It is a pathway to permanent residency for business owners who held a Subclass 188 visa and successfully managed a qualifying business in Australia.
What are the key eligibility criteria for 888?
Hold a qualifying provisional visa, meet business turnover requirements (AUD $300,000), have state nomination, and fulfill residence requirements.
Do I need to include family members?
Yes, you can include eligible family members such as your spouse and dependent children in your application.
What documents are required?
Financial statements, BAS, ABN details, proof of business turnover, and evidence of assets and employees.
What is the application cost?
The visa application fee starts at AUD $3,400 for the main applicant, with additional fees for family members and those without functional English.
How long does processing take?
Processing times vary. Check the Department of Home Affairs website for the latest updates.
Can I change business streams?
Generally, you must apply for 888 in the same stream as your 188 visa, though some exceptions exist.
What if I don't meet turnover requirements?
Exceptional circumstances may be considered by the nominating state/territory, particularly for regional businesses.
Do I need functional English?
Applicants 18+ need functional English or must pay a second instalment fee of AUD $4,890.
How can a migration agent help?
A migration agent provides tailored advice, ensures documents meet requirements, and guides you through the application process to avoid delays.
Ready to Start Your Business Journey?
Let our registered migration agents handle the paperwork while you focus on thriving in Australia's dynamic business environment.