Subclass 888b Visa

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SUBCLASS 888B – INVESTOR STREAM

A permanent visa that lets you continue investment and business activity in Australia under your Subclass 188B Business innovation and investment (provisional) visa.

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KEY REQUIREMENTS

  • You are the holder of a State/Territory nominated subclass 188B Business Innovation and investment (provisional) Visa
  • You, or your partner have resided in your nominated State for at least two years
  • The designated investment made must be in your name and must be held for four years
  • You genuinely have a realistic commitment to keep your business activities continuing in Australia
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BENEFITS

  • Stay in Australia permanently
  • Work and Australia in Australia
  • Enrol in Australia’s public health care scheme (Medicare)
  • Sponsor your relatives to come to Australia
  • Apply for Australian citizenship

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 BUSINESS 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.

Contact Us Today

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.

Lach S
Lach S
We get our visa in record time Could not believe it. Immigration says 2 years and they get it in weeks. Mr andreas is very amazing man and me and family owe you and gold lawyers forever
Asmita Karki
Asmita K.
Thank you for Great service.Got Visa in very short period.The team was helpful all the way from start till visa grant.
The EM Fam
The EM F.
I am very pleased with these Migration Lawyers!I got both my Temporary and Permanent through them in a breeze! If you need your visas accepted go to them.They are the best!! Thank you!!
Gerlyn Oliva
Gerlyn O.
I came to Gold Migration lawyers few months ago distraught about my application for permanent residency.It was over 3 years ago since I have applied for my PR and still did not receive any approval. Gold migration gave me assurance that they will facilitate and follow up with the department. They were very detailed and precise with their advise. All requirements and paperworks were tripple checked by them before its submitted to the department.Very prompt in answering all queries and overall very happy with their service.I recieve my Permanent Residency today and I am extremely grateful for this fantastic Lawyers who made my dreams come true after few years of stressing and worrying about my status in Australia..Thank again Peter and your team for helping me..Will definitely recommend your firm to everyone I know whose struggling with their migration process.read more
Daniel Markos
Daniel M.
Best team of migration agents and lawyersAndreas helped me get my citizenship very fast .10 out of 10 thann you so so much
King Kaif
King K.
Thank you Andreas and team. The best law firm in town. i would highly recommend them for any migration n citizenship services. They were very prompt in following up with paper work for my citizenship which was complicated case. would rate them above 5 starsread more
Michael Gianoulias
Michael G.
Helped with my visa. Andreas is the best Greek agent in melbourne
tynal chruy
tynal C.
Very responsive and walked me through each steps along for the whole process.
Harry Milonakis
Harry M.
I wish I could give more than 5 stars. They are the best lawyers in Melbourne city. Andreas and Ramtin helped me so much and I couldn't have asked for a better service. Thank you so much and I will be recommending you to everyone I come across.read more

frequently asked questions

What is the difference between the 188 and the 888 visa?

The Business Innovation and Investment (188) visa is a Provision visa, whereas the Business Innovation and Investment (888) visa is a Permanent Visa.

What are the different Streams under the Business Innovation and Investment Visa?

There are 5 different Streams: The Business Innovation Stream, the Investor Stream, the Significant Investor Stream, the Premium Investor Stream and the Entrepreneur Stream. All Streams have different eligibility requirements.

How do I meet the English Language Requirements for the Business Innovation Stream?

You can meet the English language requirement by achieving an overall score of 5 in IELTS (with minimum 5 in each component) to prove Vocational English while an overall score of 7 (with minimum 7 in each component) to prove Proficient English.

If I want to apply for a Significant Investor Stream, do I need to be get nominated by a State or Territory Government?

There is no other option to apply for a significant investor visa. Since it is a government nominated program, you must be nominated by the State or territory government or Austrade to apply.

Can this visa lead to Citizenship?

Holders of permanent residency business visas (subclass 132 or 888) are eligible to apply for Australian Citizenship once certain requirements have been met.

What is a Business Talent (132) Visa?

This is a permanent visa designed for high calibre business people who are owners or part owners of an overseas business and have a genuine and realistic commitment to participate in the management of a new or existing business in Australia.