What this visa 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.
Eligibility Criteria
To be eligible for the Business Innovation and Investment (Permanent) visa (subclass 888) – Significant Investor stream, you must meet the following requirements:
- Hold, or have held in some cases, a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream or Significant Investor Extension stream
- Meet certain investment requirements related to your provisional visa
- Have a current nomination from an Australian state or territory
- Hold a complying significant investment or have held a designated investment for a certain period of time
- Meet the residence requirement
- Not have been involved in unacceptable business or investment activities
- Have a realistic commitment to continuing business or investment activities
- Follow Australian laws
- Have functional English
- Meet the health and character requirements
- Sign the Australian values statement
- Have no debt to the Australian government
- Not have had a visa cancelled or a previous application refused
Application Process
At Migration Expert Australia, our expert migration consultants can help you check your eligibility and apply online for the Business Innovation and Investment (Permanent) visa (subclass 888) – Significant Investor stream. Benefit from our services, expertise, guidance, experience, and ongoing support to simplify the process and increase your chances of success.
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