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Business Innovation and Investment (Permanent) visa Subclass 888
Business Innovation and Investment (Permanent) visa Subclass 888
The Business Innovation and Investment (subclass 888) visa is a permanent resident visa for people with a four-year provisional subclass 188 visa who want to continue to own and run a business or invest in an Australian state or territory.
Eligibility
- Held a provisional Business Innovation and Investment visa (subclass 188) and met all the requirements of the stream you first applied OR
- Be the spouse or de facto partner of 188 visa in the investor or business innovation stream and be able to meet the primary requirements of permanent business innovation and investment visa in the relevant stream OR
- Held a Special Category visa (subclass 444) and met the requirements of business innovation stream
- Not have been involved or associated with any unacceptable business or investment activity
Additional Requirements
- Hold a fine record of abiding by the laws of Commonwealth along with state or territory in which you operated a business or entrepreneurial activity
- Nomination by the Australian state or territory or by Austrade on behalf of the Australian government
- Evidence of meeting the health and character requirements for 188 visa
- Genuine commitment to maintain business or investment activity in Australia
- Met all the requirements of the stream in which you held your 188 visa
- Must be free from any outstanding debts to the Australian government (this also applies to all the members of family unit)
- You must enter in Australia by a specified date once you are granted this visa
- Any family member included as dependent in the application must not marry or be in a de facto relationship before entering in Australia
With this visa,
you can
- Live, Study And Work For An Indefinite Period
- Enrol In Medicare (Australia’s Program For Health Coverage)
- Apply For Australian Citizenship (After Meeting A Certain Criteria)
- Sponsor Eligible Relatives For Permanent Residency
- Leave And Re-Enter Australia From The Date Visa Is Granted (After 5 Years On Your Permanent Residency Visa You Need To Apply For Resident Return Visa To Extend Your Travel Facility)
How Can Provisa Assist You?
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I am really thankful to Anish sir and the whole team. From the beginning, the team was highly communicative, attentive, and knowledgeable.Throughout my documentation , Anish sir provided and demonstrated exceptional creativity, clever and genuine problem-solving skills. They were always available to answer questions and provided regular updates.Overall, I highly recommend this consultancy to anyone looking for top-notch guidance and support. The team is highly professional, friendly, and committed to delivering outstanding results. Thank you for an excellent experience!
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I am really thankful to Anish sir and the whole team. From the beginning, the team was highly communicative, attentive, and knowledgeable.Throughout my documentation , Anish sir provided and demonstrated exceptional creativity, clever and genuine problem-solving skills. They were always available to answer questions and provided regular updates.Overall, I highly recommend this consultancy to anyone looking for top-notch guidance and support. The team is highly professional, friendly, and committed to delivering outstanding results. Thank you for an excellent experience!
One of the finest Visa agency in Australia. They not only make your journey easier but makes sure that you journey with them is worth it. Thanks to Sujata who ensured that all my documents were correct and was very helpful and easy to talk to when I had queries.
I’m very thankful to the whole team of Pro Visa services Canberra. The first step of 491 visa occupation skill assessment has been succeeded only because of the great team of Professional Visa service. Special thanks to Rajin who looked after all the documentation needed and helped me on every single step to arrange the documents. He was always very polite and patient in regards to my queries and always called back to answer any questions i had. I’m looking forward to take further my rest of the visa process with Pro Visa. Great Team!
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