For Investors, Innovators & Entrepreneurs Who Mean Business
👋 Let’s Start with the Basics: What is the Subclass 888 Visa?
If you’re already living in Australia with a Subclass 188 temporary visa and have been running a business or maintaining investments, then the Subclass 888, a permanent visa, is for you, as it grants you and your family the opportunity to settle permanently in Australia. 🎉
This visa proves that Australia doesn’t just welcome dreamers — it rewards those who take action. 🙌
🧭 Which Stream Fits You?
Here’s a quick breakdown of the visa’s five streams. Each one is tailored to a different kind of business talent.
| 💼 Stream Name | Who It’s For |
|---|---|
| Business Innovation | You’ve started or run a business in Australia |
| Investor | You’ve invested at least AUD 1.5 million in an Australian state/territory |
| Significant Investor | You’ve invested AUD 5 million in eligible investments |
| Premium Investor | You’ve gone big — AUD 15 million in premium investments |
| Entrepreneur | You’ve built a startup backed by an Australian state or territory |
✨ Tip: Know your stream before you begin — your requirements and journey depend on it.
✅ Are You Eligible?
If you can tick these boxes, you’re likely eligible:
✔️ You hold a valid Subclass 188 visa
✔️ You’ve met the business or investment benchmarks under your stream
✔️ You’re in good health and of good character
✔️ You’ve not breached any Australian laws
✔️ You show a genuine commitment to living in Australia
🔍 What Does Australia Look For? (Selection Criteria)
Australia wants visa holders who add real value. You’ll need to show:
🧾 Solid records of business or investment performance
🏠 That you’ve spent enough time living in Australia
📈 evidence of growth, revenue, or job creation (Business stream)
💸 Proof that your investment stayed put (Investor streams)
📍 Residency commitment — you’re not just “passing through.”
🪜 How to Apply: Step-by-Step Process
📝 Step: What You Need to Do
1️⃣ Hold a valid Subclass 188 visa (in the right stream)
2️⃣ Make sure you’ve met all your stream’s obligations
3️⃣ Gather your documents — more on this below
4️⃣ Apply online via ImmiAccount
5️⃣ Wait for updates; respond if immigration asks for info
6️⃣ If approved, welcome to Australian permanent residency! 🇦🇺
💡 Pro Tip: Keep all evidence ready. Even small details may reject your application.
📋 Must-Have Documents Checklist
Here’s what to keep handy for your application:
| 🗂️ Category | Documents You’ll Need |
|---|---|
| Identity | Passport, birth certificate, marriage certificate (if applicable) |
| 188 Visa Proof | Your visa grant letter and visa number |
| Business Records | Financials, tax returns, staff records, and ASIC registration |
| Investment Proof | Official bank or fund statements showing your investment |
| Australian Residency | Rental agreements, utility bills, or school enrolments |
| Police & Health | Police clearance, health check results |
💸 Fees & Timelines:
| 🧾 Item | Fee (AUD) | Notes |
|---|
| Main Applicant | AUD 3,455 – 4,045* | Depends on your stream |
| Partner (18+ years) | AUD 2,315 | Per adult included in your application |
| Child (under 18) | AUD 1,160 | Per child |
| Estimated Processing Time | 12–24 months | Subject to change, varies per case |
📌 Please check the latest updates on the official website.
💰 How much Money should you invest for eligibility
| Stream Name | Minimum Financial Commitment |
|---|---|
| Business Innovation | AUD 600,000 in business assets & operations |
| Investor | AUD 1.5 million in government bonds |
| Significant Investor | AUD 5 million in complying investments |
| Premium Investor | AUD 15 million in approved sectors |
| Entrepreneur | Must be funded by an approved entity |
🎁 Why This Visa is Worth It
Here’s what you’ll gain with the Subclass 888:
✅ Live permanently in Australia
✅ Access Medicare — Australia’s world-class public healthcare
✅ Send your kids to Aussie schools/universities as locals
✅ Sponsor your family for PR
✅ Apply for Australian Citizenship in future
✅ Enjoy complete business freedom
⚠️ Limitations & Challenges
While the benefits are great, there are a few things to watch out for:
🚧 High documentation burden — especially financial records
🕒 Long wait times for decision-making
💼 You must keep proving genuine commitment
💸 Investment risk — values must be maintained (especially for Investor streams)
🌐 Contacts
Contact with Trusted Immigration Consultant Services – Visas Adviser
Phone no.: +91 8744852222
Mail to: info@VisasAdviser.com
Visit: VisasAdviser.com
❓ Common FAQs — Quick Answers
🧠 Q: Can I apply without a Subclass 188 visa?
❌ No. Subclass 888 is only for the existing 188 visa holders.
🧠 Q: Do I need to stay in Australia permanently?
✔️ Each stream has minimum residency periods — check your stream rules.
🧠 Q: Can my partner and kids apply with me?
✅ Absolutely. They can be included in your application.
🧠 Q: What if my investment loses value?
⛔ It might affect your eligibility. Always maintain the minimum required level.
🧑💼 Expert Advice Corner
🧠 “Treat your Subclass 888 visa application like a business proposal — clear, documented, and well-organised. The government wants to see that you didn’t just invest — you added value.”
👉 Our Tip: Get help from a registered migration agent or business accountant who knows visa law inside out, like VisasAbroad