This visa allows Subclass 188 – Significant Investor visa holders to continue your investment activities in Australia permanently.
With this visa, you can:
To be eligible for a Subclass 888 (Permanent) visa- Significant Investor stream, you must:
You must either be:
be the secondary visa holder of Subclass 188 and your spouse or de facto partner is the primary holder of Subclass 188 in the Investor stream. You must have held the visa for at least 3 years, if you were invited to apply for the visa on or after 1 July 2021.
You must have a current and valid nomination from a state or territory.
When the Subclass 188 – Significant Investor Stream visa is granted, you must have invested AUD 5 million in ‘complying investment’.
To be able to receive the Business innovation and investment (permanent) visa, you must,
You must have at least Functional English to be eligible to apply for this visa.
You must meet one of the following residence requirements,
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 Migration Agents will check if you or your partner is eligible for a Subclass 888 – Significant Investor Visa.
We will assist you in gathering all the necessary documents to support your visa application including:
Once the documents are ready, and the visa application is drafted, our Agent will carefully review your application, and submit it.
This visa is applied online.
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- Significant Investor 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
75% of applications are processed in 27 months
90% of applications are processed in 29 months
Unit 7, 242-244 Caroline Springs Blvd
Caroline Springs VIC 3023
