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Business Visa

Business Visa

Our registered and experienced migration team provides expert advice for both individual and corporate clients. We will assess your current immigration situation and provide the best advice to fulling your Aussie dream.

Business Innovation and Investment visas 

The purpose of the Business Innovation and Investment category is to enable entrepreneurs and investors to invest or do business in Australia for the benefit of the Australian economy. 

There are a few subclasses: 

  1.  Subclass 188 provisional visa has 7 streams. 

  2.  Subclass 888 permanent visa has 5 streams. 

  3.  Subclass 132 permanent visa has 2 streams (This visa is closed to the new applications) 

  4.  Subclass 890 permanent visa 

  5.  Subclass 891 permanent visa 

  6.  Subclass 892 permanent visa 

  7.  Subclass 893 permanent visa 

Business Innovation and Investment (Provisional) subclass 188 visa 

Business Innovation and Investment (Permanent) subclass 888 visa 

888 – Business Innovation stream 

This visa allows holders of a Business Innovation and Investment (Provisional) subclass 188 visa or holders of a subclass 444 (Special category) visa, or holders of subclass 457 Business (long-term) visa, to stay in Australia on a permanent basis. 

888 – The Investor stream 

This visa allows to continue the investment activity of AUD$1.5 million in Australia on a permanent basis. 

Subclass 893 permanent visa 

This visa allows to continue the investment activity of AUD$5 million in Australia permanently. 

888 – The Premium Investor stream 

This visa allows to continue the investment activity of AUD$15 million in Australia permanently. 

888 – The Entrepreneur stream 

This visa allows holders of a Business Innovation and Investment (Provisional) subclass 188 visa in the Entrepreneur stream, to remain in Australia on a permanent basis. The Immigration cost for the subclass 888 visa is AUD$2,935. 

Business Owner subclass 890 visa 

This permanent visa is created for people who own or operate a business in Australia and allows them to stay indefinitely. Before applying for this visa, the applicant must own and operate a business in Australia for at least 2 years, and the turnover of the main business must be at least AUD$300,000. The Immigration cost of the visa is AUD$2,495. 

Investor Subclass 891 visa 

This permanent visa is for people who are operating business and investment activities of AUD$ 1,5 million for at least 4 years continuously and allows to stay in Australia indefinitely.  The Immigration cost of the visa is AUD$2,495. 

State or Territory Sponsored Business Owner Subclass 892 visa 

This permanent visa is for people who own and operate a business in Australia for at least 2 years before applying and it allows to stay indefinitely in Australia. The applicant must follow the requirements and must have at least 51% of business with a turnover of less than AUD$400,000 per year or 30% of turnover of AUD$400,000 or more, or 10% of a publicly listed company. This visa applicant must be sponsored by the regional government of the state or territory where the business is conducted.  The Immigration cost of the visa is AUD$2,495 

State or Territory Sponsored Investor Subclass 893 visa 

This permanent resident visa is for State/Territory Sponsored (Temporary) subclass 165 Investors who have invested AUD$750,000 over 4 years. The Immigration cost of the visa is AUD$2,495. 

Get in Touch with Reena Augustine

(+61) 450 904 144

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