Business and innovation Permanent visa (subclass 888)

You might be able to get the Business Innovation & Investment (Permanent) visa (subclass 888) if you are nominated by a state or territory or the Australian government; and

hold a provisional Business Innovation & Investment visa (subclass 188) and have met the requirements of that visa in the stream in which you first applied, or
hold a Special Category visa (subclass 444) and have met the requirements of the business innovation stream.

BENEFITS

With this visa you and your family can have multiple entry, work, study, live in Australia as a permanent resident for five years.

You will need to apply for a resident return visa thereafter if you seek to travel overseas.

image of people eligible for Business Innovation and Investment visas (subclass 188)

further details

You do not need to submit a new Expression of Interest or be invited to apply for the Business Innovation and Investment (Permanent) visa (subclass 888). You need to be nominated by a state or territory government agency or Austrade on behalf of the Australian government if you are seeking to satisfy the primary criteria.