This visa allows holder of Subclass 188 – Entrepreneur Stream to apply for permanent residency.
With this visa, you can:
To be eligible for a Subclass 888 - Entrepreneur stream, you must:
You must have a valid and current nomination from a relevant state or territory.
If you were invited to apply for this visa on or after 1 July 2021
You must be the primary holder of
If you were invited to apply for this visa before 1 July 2021
You must be the primary holder of
you must have resided in Australia for at least 2 years of the 4 years while holding the visa.
* Arrangements are in place for provisional visa holders who may have been disadvantaged as a consequence of the COVID-19 pandemic.
Your entrepreneurial activities will be evaluated on the basis of success factors.
You will need to show either:
Successful Factors | Supporting Successful Factors |
This includes:
| This includes:
|
You must meet have Functional English language requirements to be eligible to apply for this visa.
If the secondary applicant can’t show that they have at least functional English, they will need to pay the second instalment of the visa application charge. This is, however, not applicable, if you already have paid a second instalment of the visa application charge for the Subclass 188 – Provisional visa.
You or your partner must not have been involved in any business activities or investments unacceptable in Australia.
You must have a realistic commitment to continuing your business and investment activities in Australia.
You and family members aged 16 years or over who apply for the visa with you must meet the health and character requirements.
Our Registered Migration Agents will review your eligibility for the Subclass 888 – Entrepreneur Stream and advise if you can apply for the visa.
We will assist you in gathering all the necessary documents to support your visa application.
This will include, but is not limited to:
Once the documents are ready, our Agent will finalise your application, and assist you in applying for the visa.
This visa is applied online via the Department’s ImmiAccount.
Once your visa application is lodged, we will wait to hear from the Department.
Usually, the Department will respond by sending you a “Request for Further Information” – if they require further information/documentation to finalise your application.
If the visa is granted, you will receive,
If not, you will be informed,
We have summarised a cost estimate for a Subclass 888- Entrepreneur stream application as below.
Paid directly to the Department of Home Affairs
Paid directly to the Department of Home Affairs
Paid directly to the Department of Home Affairs
Paid directly to the agency (i.e.; BUPA in Australia) that conducts your medical checks
Paid directly to Australian Federal Police that conducts your character checks
Paid directly to Overseas authorities that conducts your character checks
Processing times are not currently available for this visa.
Unit 7, 242-244 Caroline Springs Blvd
Caroline Springs VIC 3023
