Apply for
Business Innovation and Investment (permanent) Visa
Secure permanent residency in Australia with the Subclass 888 Visa, designed for successful business owners and investors who have contributed to Australia’s economy.
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For Business Innovation and Investment Visa - Subclass 888
Pathway to Permanent Residency
The subclass 888 visa offers a permanent residency pathway for individuals who have successfully held a subclass 188 provisional visa. This visa allows you to continue managing your business or investment in Australia, while also contributing to the Australian economy.
Live, Work, and Study in Australia
Once granted, the visa allows you and your family to live, work, and study in Australia permanently.
Ongoing Business or Investment Activity
Continue your business or investment activities in Australia, helping you establish a long-term presence.
Eligibility for Citizenship
This visa opens the door to eventual Australian citizenship, based on residency requirements and other factors.
Family Members
You can include your partner and dependent children, who can also enjoy the benefits of living, working, and studying in Australia.
Requirements for Business Innovation and Investment Visa Subclass 888
Must demonstrate compliance with all Australian laws, including business regulations and tax compliance.
The applicant must have held a subclass 188 (Business Innovation and Investment (Provisional)) visa or 444 visa for at least 3 years.
Must meet the requirements for ongoing business or investment activities, depending on the stream.
Must comply with all conditions of the original subclass 188 visa, including the holding of the required provisional visa for the mandatory time.
The applicant can include their partner and dependent children, ensuring they meet eligibility criteria for inclusion in the application.
Applicants must meet the specific requirements for residing in a designated regional area if applying under the Regional Stream.
Must meet certain income and business performance thresholds as per the subclass 188 visa conditions (if applicable to the stream).
We’re in Our Clients’ Hearts
Excellence speaks for itself—our clients’ emotions tell the story.
Nilesh and Nirav proved to be true immigration experts, turning the Subsequent Entrant visa 491 process for a sister-in-law into a genuinely smooth and delightful experience. Their exceptional knowledge and unwavering support made them the best possible agents to have in your corner.
Knowbal Migration provided exceptional support from student visa to Subclass 190 PR approval. Rishav was particularly outstanding — proactive, detail-oriented, and consistently followed up to ensure timelines were met. The team also efficiently handled a parents' visitor visa. A genuinely stress-free experience, highly recommended for reliable migration guidance.
Knowbal Migration and Education played a pivotal role in securing a 190 PR in Adelaide. Dhruv deserves special recognition for his thorough guidance and consistent support from start to finish, making the entire visa process smooth, efficient, and stress-free. Highly recommended.
Knowbal Migration delivered outstanding results for our family — securing a parents' visitor visa in just two days and the 191 visa within six months. Their highly skilled team was always responsive and supportive. Special thanks to Nirav Bhai for exceptional guidance throughout.
After a 17-year migration journey, Knowbal delivered the breakthrough Prarthit had long sought. Nileshbhai's compassion, expertise, and genuine commitment to clients' dreams — not just fees — sets Knowbal apart. The team goes well above and beyond, earning lifelong gratitude from those they serve.
Nilesh, Pragat, Trushen, and the entire Knowbal team provided genuinely trustworthy and wholehearted support throughout the 190 visa process. Their prompt actions, constant motivation, and dedication were truly appreciated. For anyone seeking a reliable migration agent, Knowbal is a team worth trusting completely.
Amazing experience with Knowbal Migration for visitor and 191 visa applications. Quick results, including a parents' visa in just 2 days. Skilled and responsive team. Special thanks to Niravbhai for excellent support.
The Knowbal Visa Application Process
We start by reviewing your study history, current visa status, and eligibility for the Temporary Graduate Visa. This personalised consultation helps us understand your situation and plan the best application approach for you.
Once we assess your case, you’ll be assigned a dedicated migration expert. This professional will be your main point of contact, guiding you through each step and answering your questions promptly.
Gathering and organising your documents correctly is critical. Knowbal helps you prepare all necessary paperwork, including your Confirmation of Enrolment, academic transcripts, proof of completion, health insurance, and identity documents to avoid delays or errors.
We lodge your visa application on your behalf with the Department of Home Affairs, ensuring everything complies with visa requirements and your information is accurately presented.
Throughout the processing period, Knowbal monitors your application and keeps you informed. Should the Department request additional information, we will assist you promptly to ensure a smooth process.
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Frequently Asked Questions
The Subclass 888 visa is the permanent residency visa for holders of the Subclass 188 visa (Business Innovation and Investment – Provisional). You need to have held your provisional visa for at least three years and meet specific business or investment activity requirements. You must demonstrate compliance with all the visa conditions under the 188 visa, including residency and income thresholds, before applying for permanent residency.
To qualify for the Subclass 888 visa, you must continue to operate a business or investment activity in line with the stream under which you applied for the 188 visa. For example, if you applied under the Business Innovation stream, you must show that your business has been successfully running for at least two years, meeting the income requirements. Ensure you maintain compliance with the conditions and demonstrate ongoing success in your business activities.
Yes, you can include eligible family members (such as a partner and dependent children) in your Subclass 888 application. Family members must meet the eligibility criteria for inclusion, including proving their relationship to the primary applicant and meeting character and health requirements. Be sure to consult with a migration agent to ensure the application for your family members is correctly submitted.
If your business does not meet the required income threshold, it may affect your eligibility for the Subclass 888 visa. You must demonstrate that your business has been operating successfully and meeting the minimum income or turnover requirements under the Subclass 188 visa conditions. If your business performance falls short, consider seeking advice from a migration agent to explore your options and improve your application.
Some common mistakes include failing to meet the residency requirements, not providing sufficient evidence of ongoing business or investment activities, and not meeting the income or turnover thresholds. Ensuring that your application is complete and meets the specific requirements of your visa stream is crucial. Working with an experienced migration agent can help you avoid these common pitfalls.
While a business failure may not automatically disqualify you, it can impact your ability to meet the eligibility requirements for the Subclass 888 visa. You must prove that you have met the conditions of your Subclass 188 visa, including business activity and income requirements. If you have experienced challenges, consulting with a migration expert can help you understand if your situation still qualifies for the Subclass 888 application.
If you applied for your Subclass 188 visa under the Regional Stream, you need to show that your business continues to operate within a designated regional area in Australia. Provide evidence of business activity, including financial statements, tax records, and proof of residency in the regional area for the required period. This evidence is essential to demonstrate compliance and eligibility for the Subclass 888 visa.
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