Subclass 888 Business Innovation and Investment Permanent Visa

The subclass 888 Business Innovation and Investment Permanent visa is a permanent residence visa for applicants who have held a subclass 188 Business and Innovation Provisional visa and now meet the criteria for permanent residence.

The subclass 188 Business Innovation and Investment Permanent visa has four streams:

The subclass 888A Business Innovation stream

This stream is for people with business skills who have held subclass 188A provisional visas and now meet the criteria for permanent residence.

The subclass 888B Investor stream

This stream is for people with investment skills who have held a subclass 188B provisional visa and now meet the criteria for permanent residence.

The subclass 888SIV Significant Investor stream

This stream is for people who have invested at least $5 million in complying investments in Australia and held  a subclass 188 SIV stream visa, who now meet the criteria for permanent residence.

The subclass 888PIV Premium Investor stream

This stream is for people who have invested at least $15 million in complying investments in Australia and held a subclass 188 PIV stream visa, who now meet the criteria for permanent residence.