Innovation & Investment Visas (888)

Permanent Business Innovation and Investment Visas (888)

The Business Innovation and Investment (Permanent) visa (subclass 888) is the second stage of the Business Innovation (188) visa. To migrate under this visa category, you need to have a nomination from a state or territory government or Austrade on the government’s behalf. If you are already on a subclass 188 visa, then you just have to show evidence of nomination from the government entity, who nominated you.

  • You can either be in Australia or overseas when you lodge your application
  • You must hold a subclass 188 Provisional Business Innovation and Investment Visa
  • This visa is only available to applicants who are nominated by an Australian State or Territory government
  • You must be nominated by the State or Territory Government who nominated you for the subclass 188 visa, unless you have obtained permission to change State or Territory
  • You have a genuine commitment to maintain your business or investment activities in Australia
  • You have a satisfactory compliance with applicable Australian Commonwealth, State and Territory laws

 

The Business Innovation and Investment (Permanent) visa (subclass 888) has two streams:

The Business Innovation and Investment (Permanent) visa (subclass 888) allows you to:

GOVERNMENT CHARGES
Notes
Type of visa
1st instalment
2nd instalment
Primary applicant
has less than functional English
2nd instalment

Any dependants (included in application)
18 years or over, with less than functional English
Business Talent (Permanent)
$5,940
$8,520
$4,250
Business Innovation andInvestment (Provisional)
New $4,065
Extension $500
$8,520
$4,250
Business Innovation and
Investment (Permanent)
$1,960
Nil
$4,250
9a
Business Owner (Residence)
$1, 895
Nil
$4,250

9a
State/Territory Sponsored Business

Owner (Residence)
$1, 895
Nil
$4,250

9a
Investor (Residence)
$1, 895
Nil
$4,250

9a
State/Territory Sponsored

Investor (Residence)
$1, 895
Nil
$4,250

9a
OTHER COSTS (If Applicable)
Notes
Medical Examination
Variable (Depending upon the type of Medical Test and Examination required)
This fee is payable for each person included in your application and must be paid directly to the doctor conducting your examination.
Character Clearance (Police Check)
Variable
This fee is payable to the police authorities in the countries where you have lived for 12 months or more.
Certification/Translation of Documents
Variable
Payable to Translator
OUR FEE IN AUD
Notes
Visas Simply Fees
AU$ 10999