Investor visa streams (188 & 888) designed for individuals with significant investments and a commitment to Australia’s economy. [CURRENTLY CLOSED TO NEW APPLICANTS]
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Australia’s Business Innovation and Investment Program (BIIP) includes investor visa streams for individuals willing to make a designated investment or significant investment in Australia. These visas usually start with a Subclass 188 (Investor or Significant Investor stream) [currently closed to new applicants], with a pathway to permanent residence through the Subclass 888.
Designed for high-net-worth individuals who can demonstrate a successful investment history and are willing to make the required qualifying investments in Australia. Applicants must be nominated by a state or territory government and show a genuine commitment to maintaining investments in Australia.
You apply initially for a provisional 188 visa in the relevant investor stream. To transition to the permanent 888 visa, you must hold the required investments for the qualifying period and continue to meet the residency and compliance criteria set by the program.
If granted, you and your family can live, work, and study in Australia on a provisional visa, with a clear pathway to permanent residence through the 888 visa once the investment and residency requirements are met. Dependent children included in your application receive the same visa as you.
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A quick, personalised view of your pathways to Australia.
Eligibility — a clear Yes or No, based on your business background, investment history, assets, and state/territory nomination.
Visa options — whether the Subclass 188 (Investor or Significant Investor) stream, or another pathway, fits your situation best.
Business & investment criteria — what ownership, turnover, or investment history you need to demonstrate.
Assets required — the level of personal and business assets typically expected to qualify.
Documents — what financials, ownership records, and other supporting evidence you’ll likely need.
Timeline & fees — indicative processing times and the main government fees involved.
Most applicants begin with a Subclass 188 Business Innovation and Investment visa, which provides a temporary pathway to establish or invest in a business in Australia. Successful applicants can then transition to permanent residency through the Subclass 888 visa.
For individuals with at least AUD 2.5 million to invest in complying investments in Australia. Requires state or territory nomination and evidence of business or investment experience. Leads to permanent residency through the Subclass 888 once investment requirements are met.
For applicants investing at least AUD 5 million into complying investments in Australia. Offers greater flexibility on age, English requirements, and points. Provides a streamlined pathway to permanent residency via the Subclass 888.
The permanent residency stage. Available to holders of a Subclass 188 visa (Business Innovation, Investor, or Significant Investor stream) who meet the required business, investment, and residency criteria. Grants full PR benefits, including the right to live, work, and study in Australia indefinitely.
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