Business Visas

The second stage of the Business and Innovation program allows applicants who have held this visa subclass 188 to transition to permanent residency through the visa subclass 888 – as well as direct entry to permanent residency. This visa allows you to continue to own and manage a business in Australia or continue business and investment activity in Australia. Like its prerequisite, the 888 visa has five streams depending on your business’s level of contribution to the Australian economy.

Depending on which stream your 188 Visa was granted under will determine which stream of the 888 Visa you qualify for. Most notably, this visa lets you live and work permanently in Australia. You may travel in and out of Australia for five years. You may also have family members accompany you to Australia, and you can enrol in Medicare Australia’s scheme for health-related care and expenses.

The Business Innovation and Investment Program (Subclass 188) is currently in a transition phase as the Australian Government moves toward a new National Innovation Visa framework.

As migration policy continues to evolve, eligibility criteria and visa pathways may change.

We recommend contacting us for the latest government updates and personalised advice on available business migration pathways.

Australia is moving toward a National Innovation Visa. We currently assist with the 188 (Provisional) and 888 (Permanent) streams to ensure your business and investment goals are met under current legal frameworks.