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Business (Permanent)Visas

 

Business Innovation and Investment (Permanent) (subclass 888) visa
This is a permanent visa with two streams:

    • Business Innovation stream – designed for people who own and manage a business in Australia
    • Investor stream – designed for people who have a designated investment in an Australian state or territory and want to maintain business or investment activity in Australia after the original investment has matured.

 

 To be eligible to apply for the Permanent Business Visa an applicant must meet the following requirements:

    • Already hold a provisional Business Innovation and Investment visa.
    • Have met the requirements of that visa (including the specific requirements for the stream in which they first applied).
    • Are nominated by a state or territory.



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