All about Permanent Business Visa

Looking to move to Australia? Looking to move move your business to Australia? You’re exactly where you need to be!

For entrepreneurs, investors and business owners to continue their activity in Australia, there is permanent visa.

Subclass 888

How long can i stay on Business 888 visa?

This is permanent visa, so you can stay in Australia indefinitly, once your visa is granted.

There are no standard processing times available for this stream

  • Business Innovation stream: This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream, or holders of a subclass 444 (Special Category) visa, or certain holders of a subclass 457 (Business (Long Stay) visa, stay permanently.
  • Investor stream: for people who want to make a designated investment of at least AUD1.5million in an Australian state or territory and maintain business and investment activity in Australia. This visa lets you continue your investment activities in Australia permanently.
  • Significant Investor stream: for people who are willing to invest at least AUD5million into complying significant investments in Australia and want to maintain business and investment activity in Australia. This visa lets you continue your investment activities in Australia permanently.
  • Premium Investor stream: for people who are willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. This visa lets you continue your investment activities in Australia permanently.
  • Entrepreneur stream: for people who have a funding agreement from a third party for at least AUD200 000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia. This visa lets you stay in Australia indefinitely. You can apply if you hold a Business Innovation and Investment (Provisional) visa (subclass 188) in the Entrepreneur stream. It lets you continue your entrepreneur activities in Australia.

What do you have to do to applay for permanent business visa?

hold a relevant stream of the subclass 188 visa or in relation to applications for a subclass 888 visa in the Business Innovation stream, hold a relevant stream of the subclass 188 visa, or a subclass 444 (Special Category) visa, or a subclass 457 (Business (Long Stay)) visa granted in certain circumstances.

Eligability:

  • hold a relevant stream of the subclass 188 visa or 444 visa
  • be nominated by a state or territory government agency or Austrade
  • have owned and operated a business in Australia for at least 2 years (Business Innovation stream) or
  • have held a designated investment of AUD 1.5 million for 4 years (Investor stream) or
  • have held a complying investment of AUD 5 million for 4 years (Significant Investor stream) or
  • held a complying investment of AUD 15 million for 1 year (Premium Investor stream)
  • meet additional financial and other requirements of the same stream of this visa.

What can you do while holding 888 business visa?

  • continue to own and manage a business in Australia (the Business Innovation stream)
  • continue business and investment activity in Australia (the Investor stream, the Significant Investor stream and the Premium Investor stream)
  • continue entrepreneurial activity in Australia (Entrepreneur stream).​

RELATED BUSINESS VISA

801 Partner visa

It is permanent stage of your Partner visa.  It is usually only for people who currently hold a temporary Partner visa (subclass 820).

309 Partner visa

Allows the partner or spouse of an Australian citizen, Australian permanent resident or eligible New Zealand citizen to live in Australia..

101 Child Visa

This visa lets a child outside Australia move to Australia to live with their parents.

Parent visa

This permanent visa lets an aged parent of a settle Australian citizen, Australian permanent resident stay in Australia.

How we can help you with this visa?

Comprehensive approach

With our many years of experience and by listening closely to our clients we are able to prepare all you need. We have a professional library of documents, additional support and so much more! We advise you not only about your visa but about your new life.

Extensive Experience

Every one of our staff has a wealth of experience in their chosen fields, so you’re sure to always get honest, accurate and up to date advice – this is why our business has grown and our success rate is extremely high.

Constant Support

Every one of our staff has a wealth of experience in their chosen fields, so you’re sure to always get honest, accurate and up to date advice – this is why our business has grown and our success rate is extremely high.

Why use Us for Business visa?

There are many law firms, but our numbers prove we have a good thing going here at Pacific Center. We have many clients and we are very busy but we treat each case as a very unique matter, and that is what sets our company apart from others.

Above all, we have wealth of experience, support system and comprehensive approach to offer you the best.

If you have questions regarding our company, you should give us a call. We will do everything possible to make sure we are the right fit for your case.

To apply, you must:
you are the primary visa holder of a provisional Business Innovation and Investment visa (subclass 188) and have met all the requirements of your Business Innovation and Investment visa in the stream in which you first applied; or
are the secondary visa holder who is the spouse or de facto partner of a provisional Business Innovation and Investment visa (subclass 188) holder in the Investor or Business Innovation stream and can meet all the primary criteria requirements of the permanent Business Innovation and Investment visa in the relevant stream; or
you hold a Special Category visa (subclass 444) and have met the requirements of the business innovation stream; and
you and your partner have not been involved in any unacceptable business or investment activities.

Additional requirements are:

and your partner 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,
you have been nominated by an Australian state or territory or by Austrade on behalf of the Australian government,
you and all your family members meet health and character requirements – you do not need to prove this again if you have already done this for the provisional Business Innovation and Investment visa (subclass 188),
have a realistic commitment to maintain business or investment activities in Australia.
Other requirements depend on the stream in which you held your provisional Business Innovation and Investment visa (subclass 188).
Streams available
Eligibility - Business innovation stream
​You must have been in Australia and held:
a Business Innovation and Investment (Provisional) visa (subclass 188) in the Business Innovation stream or the Business Innovation Extension stream
a Special Category visa (subclass 444)
for at least one year in the two years immediately before you apply.In addition, you must be able to show ongoing business involvement, meet certain financial requirements, and have a history of employing Australian workers.Eligibility - Investor stream
​If you are applying for this visa in the Investor stream, you must have been in Australia and held your provisional visa in the Investor stream for at least two of the four years immediately before you apply.In addition, you (or you and your partner combined) must have held a designated investment with an Australian state or territory for at least four years.If you applied for your provisional visa (subclass 188) in the Investor stream prior to 1 July 2015, you are eligible to apply for a subclass 888 visa after holding your provisional visa for 3 years and 11 months. If you applied for your provisional visa after 1 July 2015, you are required to hold your provisional visa for at least 4 years prior to applying for a subclass 888 visa.

Eligibility - Significant Investor stream

If you are applying for a permanent visa (subclass 888) in the Significant Investor stream, you must have held at the time of application:
a provisional visa (subclass 188) in the Significant Investor stream or in the Significant Investor Extension stream.
You must have been in Australia as the holder of a provisional visa (subclass 188) in the Significant Investor stream or the Significant Investor extension stream for at least 40 days per year (calculated cumulatively) for the period of time you have held your provisional visa(s), or your spouse has been in Australia for at least 180 days per year (calculated cumulatively) on the basis of the period of time the primary applicant has held their provisional visa(s).

In addition, you (or you and your partner combined) must have:
held complying investments continuously for at least 4 years while holding your Business Innovation and Investment (Provisional) visa (subclass 188).
operated a qualifying business under the private Australian company in which you have made a direct complying investment if applicable.
Note that the rules in force at the time you applied for you original subclass 188 visa in the Significant Investor stream will apply to you when your application for a subclass 888 visa is assessed.
If you applied for your provisional visa (subclass 188) in the Significant Investor stream prior to 1 July 2015, you are eligible to apply for a subclass 888 visa after holding your provisional visa for 3 years and 11 months. If you applied for your provisional visa after 1 July 2015, you are required to hold your provisional visa for at least 4 years prior to applying for a subclass 888 visa.

Eligibility - Premium Investor stream

If you are applying for a permanent visa (subclass 888) in the Premium Investor stream, you must have held a provisional visa (subclass 188) in the Premium Investor stream at the time of application and be nominated by the Commonwealth government.

You must have held your provisional visa for a minimum of 1 year.

You (or you and your partner combined) must have held complying premium investments continuously for at least 1 year, and for the entire time you have held your Business Innovation and Investment (Provisional) visa (subclass 188).

Eligibility - Entrepreneur stream

If you are applying for this visa in the Entrepreneur stream, you must have been in Australia and held your provisional visa in the Entrepreneur stream for a continuous period of at least four years immediately before you apply.

In addition, you must be able to demonstrate a successful record of entrepreneurial activities in Australia.

Everything went smoothly and fast.

I would like to recommend you Piotr Ferenc Migration Agent. Piotr helped us to get Permanent Residency visa in Australia. During the initial interview Piotr explained us what our chances were and what the options we had. Then he told us which option is the best for us and what we exactly have to do. Moreover, Piotr also told us about plan B if the first option wasn't possible. After we signed agreement and paid the fee, Piotr supervised the collection of documents. Everything went smoothly and fast.
We've been waiting for the visa for almost 2 years due to changes in immigration policy. During that time Piotr contacted us frequently to inform us about the progress. He also urged to update the documents if there were any changes.
I recommend him as your Immigration Agent. Your chances to get your visa are much higher with his help.

Janki, Your Content Goes Here

Full 457 case down to the wire.I would like to thank you for your help and patience during this process. We really appreciate it. Everything was so last minute but you pushed it all through so smoothly for us. It has been a pleasure working with you.
Thanks again,
Robert

Robert

This comment should appear here a long time ago .... and there are really no words that would express my gratitude for help in our very complicated matter.
In particular, our greatest thank you to Piotr, who during a casual chat on Skype easily picked up the mistake of our previous agent, who could have caused that our whole family would be threatened back to the country .... as it turned out it was a very complicated matter and we had to act immediately.

Paulina, Your Content Goes Here

Everyone working here are really friendly and helpful. They helped me get through the stressful time applying for my de facto visa with success. I recommend these guys!

Elin Janson, Your Content Goes Here

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