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Business Innovation & Investment (Permanent) Visa – Subclass 888

The Business Innovation and Investment (Permanent) visa (subclass 888) is the next stage of subclass Business Innovation and Investment visa (subclass 188)

Once you fulfil all the requirements for Business Innovation and Investment visa (subclass 188), you can apply for this visa without submitting expression of Interest.

Requisites of the Visa:-

  • You Hold Business Innovation and Investment visa (subclass 188).
  • You Meet all the requirements of Business Innovation and Investment visa (subclass 188).
  • You should not have been involved in any illegal or unethical business practices.
  • You 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.
  • Have been nominated by State or territory.
  • You have genuine commitment to maintain investment in Australia.
  • You along with your partner has not been involved in any illegal business activities ever.
  • You along with your partner hold good moral and health conduct.

Privileges of the Visa;-

  • Provides you right to live in Australia indefinitely.
  • Applicant can work in Australia during your stay.
  • Applicant can enrol in Medicare Australia’s scheme for health-related care and expenses.
  • Allows you to apply citizenship if you meet certain requirements.
  • Allows you to move to and fro for five years starting from the day visa is granted.
  • You can sponsor your relatives for permanent residency.

What is the cost to apply this visa?

Subclass 888 visa cost is AUD 2,590 for the primary applicant.

Apart from this following charges are also involved:

  • Charges to be paid for Medical Certificate for fitness
  • Cost of Police Clearance Certificate (PCC)
  • Document Translation cost (if applicable)

Visas Avenue is a leading and registered Visa Consultancy Company that specializes in offering immigration and visa services for immigration to various countries including Australia, Canada, New Zealand, USA, UK and various other countries. We have a strong team of immigration specialists who offer reliable assistance to people across the globe. We with our specialized domain knowledge of immigration laws of various countries. To start your visa process with us, you may contact us on Toll Free Number- 78-18-000-777 or fill the free assessment form to get a call back.

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