Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream

Government fee

From

$3,400 AUD

You won’t be charged yet.
Cost shown is exclusive of taxes and other associated fees

Processing time

Waiting to be updated..

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Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream offers

Live & work freely in Australia

You have the freedom to live and work anywhere in Australia without restrictions.

Indefinite residency

Your 5-year visa can be renewed an unlimited number of times.

Family support

Sponsorship is available for eligible family members.

Medicare benefits

Eligible for comprehensive health coverage through Medicare.

Homeownership assistance

Eligible for a $10,000 first home owners grant.

Higher education funding

Access financial aid through Higher Education Loans Program (HELP).

A clear path to citizenship

After 4 years of residency, you can become an Australian citizen.

Citizenship for children

Children of permanent residents are automatically citizens.

Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream Eligibility Criteria

This visa is currently closed to new applicants.

Hold or have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream
Meet investment requirements related to your provisional visa
Have a current nomination from an Australian state or territory
Be physically present in Australia for at least 2 years in the 3-4 years immediately before you apply
Have a realistic commitment to continuing your business or investment activities in Australia
Have followed Australian laws and have functional English
Meet health and character requirements, and sign the Australian values statement
Not owe money to the Australian Government, or have had a visa cancelled or previous application refused

Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream Application Process

This visa is currently closed to new applicants. To explore other visa options and determine your eligibility, book a consultation with a registered migration agent today.

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Australian Migration Blog

Explore in-depth insights and expert advice on Australian immigration. Our blog offers valuable information to help you confidently navigate your migration process.

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Disclaimer: The information on this website is for general informational purposes only and does not constitute legal or immigration advice. It is not a substitute for professional or personalised advice and should not be relied upon as such. Due to frequent changes in Australian immigration laws, consult our registered migration agents before making any decisions. For the latest information, refer to the Department of Home Affairs website. For professional advice and assistance, consult an Australian MARA registered migration agent or lawyer before making any application.

Migration Expert acknowledges the Traditional Custodians of Country throughout Australia and their continuing connection to land, sea and community. We pay our respects to all Aboriginal and Torres Strait Islander peoples, their cultures and elders past, present and emerging.

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Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream