Learn about the basics about Subclass 888 Visa

[Abhinav immigration Pvt. Ltd.]

Want to invest in business in Australia? There are many ways out of which the top and the most secure one is to be the holder of Business Innovation and Investment Provisional visa (Subclass 188) visa. Once you have this visa you will automatically be eligible to apply for Business Innovation and Investment Permanent also known as (Subclass 888) visa.

What this visa permits you to do is to continue being able to own and manage your own business set-up in Australia without any interruption, and is obtained under the Investor Stream or Significat Investor Stream.

For this visa if you have already a holder of Subclass 188 Visa you need not submit a brand new Expression of Interest or receive an additional invite in order to be able to apply for this visa type. With this visa you can stay in Australia on a permanent basis as well as work and study in Australia.


You have access to free education at world class schools at primary, secondary and tertiary levels with university education at top notch universities at subsidized rates. Not only this as a permanent residency Australia you can remain in Australia for an indefinite period of time as well as live, work and study in Australia.

Also, you can enrol in the national health scheme of Australia under the name of Medicare as well as apply for bank loans to purchase property in Australia. What more, you can sponsor eligible relatives and family members for Australian permanent residence as if qualified you can even go ahead and apply for Australian citizenship subject to the some of the requirements of Australia visa for permanent residence.

With this visa, just ensure that the State or Territory that nominated you in the first place has not taken back their nomination in which case even a nomination is not necessary. You only need a nomination in the case when it comes to Subclass 888 Visa is when your existing nomination has been taken back by relevant State/Territory or if you want to secure a nomination from another State or Territory.

This visa enables you to travel in and out of Australia anytime during the duration of five years you get to live there. When you apply for Business Innovation and Investment (Provisional) visa you are supposed to submit an Expression of Interest (EOI). When an Australian state or territory agency looks at your expression of Interest they offer you a nomination depending on whether or not you meet their local job requirements.

Some of the Australian territories are Australian Capital Territory New South Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria and Western Australia. Want more scoop on Subclass 888 Visa? Get in touch with our certified immigration consultants by ringing us at 8595338595 or mail us at [e-mail]