Subclass 888a Business Innovation Visa

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SUBCLASS 888A – BUSINESS INNOVATION VISA

The business innovation stream is the second stage of the Business innovation and investment visa (subclass 188) which allows you to manage your business and investments in Australia and stay in Australia permanently. Must hold a subclass 188A visa, subclass 444 (Special Category) visa, or certain holders of a subclass 457 (Business (Long Stay) visa.

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SUBCLASS 888A – BUSINESS INNOVATION VISA – KEY REQUIREMENTS

  • You must have a current nomination from a State or Territory government agency
  • You have had ownership interest in Australian business for the last 2 years
  • You must have an ABN and has lodged the business activity statement (BAS) for the last 2 years
  • For the last 2 years immediately before you apply, you must have in Australia:
    • If the company’s annual turnover exceeds $400000, you must own 30% of shares
    • If the company’s annual turnover is under $400,000, you must own 51% of share
    • If a listed company, you must own 10% of shares or above
  • The business has had an annual turnover at least AUD 300,000 in the last 12 months before application was made
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SUBCLASS 888A – BUSINESS INNOVATION VISA – BENEFITS

  • 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

SUBCLASS 888A – BUSINESS INNOVATION VISA – COST

The visa costs AUD2,590 for the main applicant.

There is also a charge for each family member who applies for the visa with you.

  • Additional applicant over 18 years old: AUD1,300
  • Additional applicant under 18 years old: AUD645

You might have to pay an extra charge for any applicant 18 years old or older who has less than functional English. The second instalment charge is AUD4,890.

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CONTACT US TO FIND OUT IF YOU ARE
ELIGIBLE FOR A SUBCLASS 888A BUSINESS INNOVATION VISA!

 

At Gold Migration Lawyers, our incredible lawyers will ensure that your hard-earned investments will not go to waste, and that you and your family achieve your ultimate goal of obtaining your Australian Permanent Residency.

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Helping People Just Like You

What matters to us most is what our clients have to say about their experience once everything has been resolved. Below are some of the messages we have received from people we’ve represented.

Daniel White
Daniel W.
In my view these guys are legends, and they are the best migration law firm in Australia. I consulted 5 other migration firms and none of them could match the expertise of Gold Migration Lawyers. If you have a complex application, go to Gold Migration!read more
Salim Muhammed
Salim M.
Good people and they know the rules back to front. They gave me friendly service and good result.
Cherry Lau
Cherry L.
They are the BEST immigration lawyers in Australia. Highly recommended if you can afford them 🙂
Angela Parker
Angela P.
We hired Gold Migration Lawyers to assist us with our partner visa application. At the time the department’s processing time was over 24 months. GML lodged our application and it got approved in 4 months. We are extremely happy with the outcome as I know people who have been waiting for years for their partner visa. I highly recommend Gold Migration Lawyers. The team is amazing!read more
KA CHUN UY
KA CHUN U.
I am very grateful to the lawyer Peter Peng. Although my case is very troublesome, he was very patient to help me solve it step by step. At that time, I only had 20 days to provide supplementary information from the Immigration. I found this law firm, the owner, Ramtin.  He is very confidence and professional also made me full of confidence in him. They added different viewpoints and legal opinions in the explanation letter, which successfully made the immigration officer accept my explanation.  The next day after submitting the information, the Immigration officer immediately accepted my explanation and asked me to have a medical examination.It took two months to successfully get the Partner(820) VISA, I am very grateful to them  I highly recommend this law firm , they are really pro and they can help you slove any problem.read more
Bibi Mon
Bibi M.
I went to these lawyers trusting them they will be able to organise my permanent residency. I was a little worried with how much it costs but in the end I have to say they went above and beyond my expectations, they were worth every cent. I would like to mention and thank my lawyer Peter who looked after my case, very professional through the whole process. Gold immigration lawyers are the “gold” standard.read more
Ignacio Falcon
Ignacio F.
Amazing team of lawyers! Peter was extremely helpful and offered detailed guidance throughout the whole process. I highly recommend their services
Mauricio G Guerra
Mauricio G G.
Exceeded my expectations, good communication, very professional!
Leo Donnelly
Leo D.
They made the process very smooth, always there to answer my calls and give professional help even to the most minor detail.I felt like I was treated like family.Visa was processed very quickly and I would recommend them to anyone who would like assistance with the Visa application.read more

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