888B Investor Stream

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Project Introduction

This visa lets you continue your investment activities in Australia permanently.

Project Advantages

Stay in Australia permanently

Work and study in Australia

Enrol in Australia's public health care scheme, Medicare

Sponsor your relatives to come to Australia

Travel to and from Australia for 5 years

If eligible apply for Australian citizenship

Application requirements

Unless COVID-19 concessions apply, you must be the primary holder of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream. If you were invited to apply for this visa on or after 1 July 2021, you must have held this visa for at least 3 years.

You must have a current nomination from a state or territory.

If you were invited to apply for a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream on or after 1 July 2021, when we granted your Business Innovation and Investment (Provisional) visa, you would have invested AUD2.5 million in a ‘complying significant investment’.

If you were invited to apply for a Business Innovation and Investment (Provisional) visa (subclass 188) in the Investor stream before 1 July 2021, when your visa was granted, you invested AUD1.5 million in an Australian state or territory. We call this a 'designated investment'. You must have held your designated investment for at least: 4 years if the provisional visa was granted on the basis of an application made on or after 1 July 2015; or 3 years and 11 months if the provisional visa was granted on the basis of an application made before 1 July 2015.

You must have been physically present in Australia for at least 2 years in the 3 years immediately before you apply if you are holder of a Business Innovation and Investment (Provisional) visa (subclass 188) Investor stream and you were invited to apply on or after 1 July 2021.

You and your spouse or de facto partner must not have been involved in any business or investment activities that are unacceptable in Australia.

When operating your business in Australia, you and your partner must have followed: Commonwealth laws and the laws of the states or territories where your business operated

You might have to pay an extra charge for any dependent applicant 18 years old or older who has less than functional English. If they can't show that they have at least functional English, they will need to pay the second instalment of the visa application charge when we ask you to.

You and your partner must not have been involved in any business or investment activities that are unacceptable in Australia.

You must have a realistic commitment to continuing your business and investment activities in Australia.

You and any family members who apply for the visa with you must meet our health requirement.

You might not be eligible for this visa if you have had a visa cancelled or refused while you were in Australia.