Business Visa 888
The Business Innovation and Investment (Permanent) Visa — Subclass 888 — grants permanent residence to business owners and investors who have successfully operated a business or made complying investments in Australia under a Subclass 188 visa.
Subclass
888 Permanent
Hold 188 Visa
Prerequisite
Meet Conditions
Stream-Based
Lodge Online
ImmiAccount
PR Granted
Permanent
What is the 888 Visa?
The Subclass 888 visa is a permanent residence visa for business owners and investors who have been operating in Australia under a Subclass 188 visa. It recognises the contribution of business people who have successfully built businesses or made investments in Australia.
Once granted, the 888 visa allows you to live, work, and study in Australia permanently — with a pathway to Australian citizenship.
Four Pathways
From 188A
Business Innovation Stream
For business owners who have owned and operated a business in Australia. Must demonstrate an ongoing commitment to business activity in Australia.
From 188B
Investor Stream
For investors who have maintained a designated investment of at least AUD 1.5 million in an Australian state or territory for at least 4 years.
From 188C
Significant Investor Stream
For significant investors who have held a complying significant investment of at least AUD 5 million in Australia for at least 4 years.
From 188E
Entrepreneur Stream
For entrepreneurs who have been operating a business or developed a product in Australia with endorsement from a state or territory government agency.
Why 888 Visa?
Permanent Residence
Live, work and study in Australia permanently with no time restrictions.
Pathway to Citizenship
After 4 years as a permanent resident (including 1 year as a citizen), apply for Australian citizenship.
Family Inclusion
Include your partner and dependent children — they receive the same permanent residence status.
Medicare Access
Full access to Australia's Medicare healthcare system for you and your family.
No Sponsorship Required
Unlike the 188 visa, the 888 does not require ongoing state/territory nomination in most streams.
Business Freedom
Continue to operate, invest, or expand any business in Australia without restrictions.
How to Apply
Hold a Valid 188 Visa
You must currently hold or have held a Subclass 188 visa (any stream) as the basis for your 888 application.
Meet Stream Requirements
Confirm you have met all the conditions of your specific 188 stream — business ownership, investment amounts, residency days, or KPIs.
Gather Documents
Compile business records, financial statements, employment evidence, investment certificates, and state/territory government endorsement letters.
Lodge Application Online
Submit your Subclass 888 application via ImmiAccount with all supporting documents and pay the visa application charge.
Health & Character Checks
Complete medical examinations and provide police clearance certificates for all adult applicants.
Permanent Residence Granted
Once approved, you and included family members receive permanent residence status valid for 5 years (renewable).
Transitioning from the Entrepreneur Visa (188E)?
Back to 188E Entrepreneur VisaCommon
Questions
Everything about the Subclass 888 visa.
Ready for Permanent
Residence in Australia?
Migrate Zone's business visa specialists will assess your eligibility and guide you through every step of your 888 visa application.
