[vc_row full_width=”stretch_row” gap=”20″ css_animation=”none” css=”.vc_custom_1625750716757{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 50px !important;padding-bottom: 60px !important;background-color: #f4f4f4 !important;}”][vc_column width=”1/3″ css=”.vc_custom_1625236023981{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;}” offset=”vc_col-lg-4 vc_col-md-4″][vc_row_inner css=”.vc_custom_1520499488911{margin-top: 0px !important;margin-bottom: 35px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}”][vc_column_inner css=”.vc_custom_1518766187077{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 0px !important;margin-left: 0px !important;padding-top: 0px !important;padding-right: 0px !important;padding-bottom: 0px !important;padding-left: 0px !important;}”][vc_single_image image=”7657″ img_size=”large” el_class=”visa-nav-image-container”][rt_menu_style nav_menu=”Visa Application” extra_class=”visa-nav-container”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column css_animation=”none” width=”2/3″ css=”.vc_custom_1625750927924{margin-left: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}” offset=”vc_col-lg-8 vc_col-md-8″][vc_row_inner css=”.vc_custom_1625751369971{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 45px !important;margin-left: 0px !important;padding-top: 20px !important;background-color: #ffffff !important;}” el_class=”visa-block article-body-text”][vc_column_inner css=”.vc_custom_1625230947912{margin-top: 0px !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}”][vc_custom_heading text=”Business Innovation and Investment (permanent) visa (subclass 888)” font_container=”tag:h2|font_size:28px|text_align:center|line_height:40px” use_theme_fonts=”yes” css=”.vc_custom_1625890228514{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 10px !important;padding-bottom: 10px !important;}” el_class=”color-e7174d article-body-title”][vc_column_text]The Business Innovation and Investment (subclass 888) is a permanent residency visa for those who hold a four-year provisional subclass 188 visa and looking to continue to own and manage a business or an investment activity in Australia and Australian state or territory respectively.[/vc_column_text][vc_custom_heading text=”BUSINESS INNOVATION STREAM (888A)” font_container=”tag:h2|font_size:28px|text_align:center|line_height:40px” use_theme_fonts=”yes” css=”.vc_custom_1625751352575{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 10px !important;padding-bottom: 10px !important;}” el_class=”color-e7174d article-body-title”][vc_column_text el_class=”color-e7174d”]ELIGIBILITY CRITERIA[/vc_column_text][vc_column_text el_class=”article-body-ul”]

  • Hold a business innovation and investment visa (subclass 188) in the business innovation or business innovation extension stream;
  • Be able to demonstrate ongoing business involvement, meet certain financial requirements and a history of employing Australian workers;
  • Have a current nomination from an Australian state or territory government agency;
  • Meet the residence requirement;
  • Not have been involved in unacceptable business or investment activities;
  • Have functional English;
  • Meet our health requirement;
  • Meet our character requirement

[/vc_column_text][vc_column_text el_class=”color-4472c4″]COVID-19 concessions[/vc_column_text][vc_column_text]Arrangements are in place for provisional visa holders who may have been disadvantaged as a consequence of the COVID-19 pandemic.[/vc_column_text][vc_column_text]From 19 September 2020 until 3 months after the end of the ‘COVID-19 concession period’, you can also apply for this visa if you held a Business Innovation and Investment (Provisional) visa (subclass 188) Business Innovation stream or Business Innovation Extension stream which expired during the concession period.[/vc_column_text][vc_column_text]You can also apply from 19 September 2020 until 3 months after the end of the ‘COVID-19 concession period’ if you were the secondary visa holder of a Business Innovation and Investment (Provisional) visa (subclass 188) and:

  • your visa expired during the concession period;
  • and your spouse or de facto partner is the primary holder of a Business Innovation and Investment (Provisional) visa in the Business Innovation stream or Business Innovation Extension stream.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=”.vc_custom_1625751369971{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 45px !important;margin-left: 0px !important;padding-top: 20px !important;background-color: #ffffff !important;}” el_class=”visa-block article-body-text”][vc_column_inner css=”.vc_custom_1625230947912{margin-top: 0px !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}”][vc_custom_heading text=”INVESTOR STREAM (888B)” font_container=”tag:h2|font_size:28px|text_align:center|line_height:40px” use_theme_fonts=”yes” css=”.vc_custom_1625752567053{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 10px !important;padding-bottom: 10px !important;}” el_class=”color-e7174d article-body-title”][vc_column_text el_class=”color-e7174d”]ELIGIBILITY CRITERIA[/vc_column_text][vc_column_text el_class=”article-body-ul”]

  • Have held 188 visa in the investor for at least 2 of the 4 years prior making to application;
  • Have maintained a designated investment for at least 4 years;
  • Have a current nomination from an Australian state or territory;
  • Meet the residence requirement;
  • Not have been involved in unacceptable business or investment activities;
  • Have functional English;
  • Meet our health requirement;
  • Meet our character requirement

[/vc_column_text][vc_column_text el_class=”color-4472c4″]COVID-19 concessions[/vc_column_text][vc_column_text]Arrangements are in place for provisional visa holders who may have been disadvantaged as a consequence of the COVID-19 pandemic. [/vc_column_text][vc_column_text]From 19 September 2020 until 3 months after the end of the concession period, you can also apply for this visa if you:

  • held a Business Innovation and Investment (Provisional) visa (subclass 188) Investor stream which expired during the ‘COVID-19 concession period’; or
  • were the secondary visa holder of a Business Innovation and Investment (Provisional) visa (subclass 188) and:
  • your visa expired during the ‘COVID-19 concession period’; and
  • your spouse or de facto partner is the primary holder of a Business Innovation and Investment (Provisional) visa in the Investor stream.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner css=”.vc_custom_1625751369971{margin-top: 0px !important;margin-right: 0px !important;margin-bottom: 45px !important;margin-left: 0px !important;padding-top: 20px !important;background-color: #ffffff !important;}” el_class=”visa-block article-body-text”][vc_column_inner css=”.vc_custom_1625230947912{margin-top: 0px !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}”][vc_custom_heading text=”SIGNIFICANT INVESTOR STREAM (888C)” font_container=”tag:h2|font_size:28px|text_align:center|line_height:40px” use_theme_fonts=”yes” css=”.vc_custom_1625752833222{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 10px !important;padding-bottom: 10px !important;}” el_class=”color-e7174d article-body-title”][vc_column_text el_class=”color-e7174d”]ELIGIBILITY CRITERIA[/vc_column_text][vc_column_text el_class=”article-body-ul”]

  • Have held 188 visa in the significant investor stream or significant investor extension stream;
  • Held complying investment consistently for at least 4 years on your 188 visa;
  • Have a current nomination from a state or territory government agency or Austrade which has not been withdrawn;
  • Meet the residence requirement;
  • Not have been involved in unacceptable business or investment activities;
  • Have functional English;
  • Meet our health requirement;
  • Meet our character requirement

[/vc_column_text][vc_column_text el_class=”color-4472c4″]COVID-19 concessions[/vc_column_text][vc_column_text]Arrangements are in place for provisional visa holders who may have been disadvantaged as a consequence of the COVID-19 pandemic. [/vc_column_text][vc_column_text]From 19 September 2020 until 3 months after the end of the ‘COVID-19 concession period’, you can also apply for this visa if you:[/vc_column_text][vc_column_text]

  • held a Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor stream or Significant Investor Extension stream which expired during the ‘COVID-19 concession period’; or
  • were the secondary visa holder of a Business Innovation and Investment (Provisional) visa (subclass 188) and:
  • your visa expired during the ‘COVID-19 concession period’ and
  • you have ceased to be the spouse or de facto partner of a primary holder of a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream or the Significant Investor Extension stream, or that person has died.

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