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Subclass 888 · Permanent

Business Innovation and Investment (Permanent) visa (Subclass 888)

Updated May 2026

Overview

The Subclass 888 is the permanent residence stage for holders of a provisional Subclass 188 visa who have met the business or investment requirements of their stream. It grants permanent residence to the business owner or investor and their family.

The 888 is the permanent payoff for the 188 — granted once you’ve met your stream’s business or investment conditions. Because the program has changed, transitional arrangements for existing 188 holders matter; we map your exact path to the 888.

Who is eligible

Costs

Fees change with annual indexation. See the official Visa Pricing Estimator for the current figure.

Processing times

See the official global visa processing times .

How to apply

  1. Meet the 188 conditions. Operate the qualifying business or maintain the qualifying investment for the required period.
  2. Evidence the requirements. Compile financial statements, ownership and residence evidence.
  3. Lodge the 888. Apply for permanent residence once eligible.

Frequently asked questions

Who can apply for the 888 visa?

Holders of a provisional Subclass 188 visa who have satisfied the business or investment requirements of their particular stream.

Is the 888 permanent?

Yes. It grants permanent residence to the main applicant and included family members.

What if program rules changed after I got my 188?

Transitional arrangements often apply to existing 188 holders. We assess your specific stream and timeline against the current rules.

Related visas

Sources

Your move to Australia

Thinking about the Subclass 888 visa?

A no-cost first call to map your options. Transparent flat-fee pricing if we proceed — no hourly surprises, no false promises.