Seek permanence residence

    You might be eligible to be granted a Business Innovation and Investment (Permanent) visa (subclass 888) if:
  • you have been in Australia on a subclass 188 visa in the Business Innovation stream or Business Innovation Extension stream for a total of at least one year in the two years immediately before lodging your application
  • you have been in Australia on a subclass 188 visa in the Investor stream for a total of at least two years in the four years immediately before lodging your application
  • when you apply for a subclass 888 visa, you:
    • held a subclass 188 visa in the Significant Investor stream and/or the Significant Investor Extension stream for a continuous period of at least four years (or three years and 11 months if you applied for your original subclass 188 visa prior to 1 July 2015); and
    • have been in Australia on this visa for a minimum of 40 days per year the visa was held or your partner (spouse or de facto) has been in Australia on this visa for a minimum of 180 days per year.
  • You have been in Australia on a subclass 188 visa in the Premium Investor stream for a minimum of one year.
  • You have been in Australia on a subclass 188 visa in the Entrepreneur stream for a total of at least two years in the four years immediately before lodging your application.
  • You must also have met all the obligations of your Business Innovation and Investment (Provisional) visa (subclass 188) and all the requirements for the grant of the permanent visa (subclass 888).