888

Business Innovation and Investment (Permanent) visa (subclass 888)

About this visa:
The Business Innovation and Investment (Permanent) visa (subclass 888) is the second stage of the Business Innovation and Investment (Provisional) visa (subclass 188). You can apply for it after you have fulfilled the requirements of your provisional visa.
You do not need to submit a new Expression of Interest or be invited to apply for this visa. You need to be nominated by a state or territory government agency if you are seeking to satisfy the primary criteria.
If you are the holder of a provisional Business Innovation and Investment visa (subclass 188) and the state or territory which nominated you for that visa has not withdrawn the nomination, you have a current nomination by that state or territory.
If you are the holder of a Special Category visa (subclass 444), or require nomination from a different state or territory than your provisional Business Innovation and Investment visa (subclass 188) you are required to obtain nomination from a state or territory before you lodge an application for this visa

Requirements
•you are the primary visa holder of a provisional Business Innovation and Investment visa (subclass 188) and have met all the requirements of your provisional Business Innovation and Investment visa in the stream in which you first applied; or
•you hold a Special Category visa (subclass 444) or a Business (Long stay) visa (subclass 457IE) and have met the requirements of the business innovation stream; and
•you and your partner have not been involved in any unacceptable business or investment activities
•you and your partner have a satisfactory record of complying with Commonwealth laws, and of each State or Territory in which you operate a business and employ employees in the business, relating to your business.
•you have been nominated by an Australian state or territory
•you and all your family members meet health and character requirements – you do not need to prove this again if you have already done this for the provisional Business Innovation and Investment visa (subclass 188)
•have a realistic commitment to maintain business or investment activities in Australia

How to apply:
This information explains what you need to do to apply for the Business Innovation and Investment (Permanent) visa (subclass 888). You can apply while you are in or outside Australia.
Prepare your documents
You need to provide documents to prove the claims you make in the application. The documents are listed in the Document checklist.
Some documents could take some time to obtain. You should have them ready when you lodge the application to reduce any delays in processing.
Lodge your application
Lodge your application online using:
•Business Innovation and Investment Online Applications
You must pay the initial application charge by credit card when you lodge your application. As soon as you apply, send your documents by registered post to our Adelaide office in South Australia – attention Adelaide Business Skills Processing Centre.

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