Australia Business Innovation and Investment Permanent visa (Subclass 888)

Documents Required for Subclass 888

  1. Completed nomination form from a State/Territory Government in Australia. If the nomination issued for your Provisional Visa has not been withdrawn, then the original nomination can be relied upon when applying for the Permanent Visa.
  2. Documents proving commitment to business and investment activity including:
    1. A one-page summary of your long-term business or investment intentions in Australia.
    2. Documentary confirmation that you have conducted an investigation into the business or investment environment in Australia.
    3. Proof of conduct related to the laws of the Commonwealth and State/Territory in which you run your business submitted in the form of:
      • A written declaration confirming compliance with laws of the Commonwealth and State/Territory in which you run your business, or
      • Details of incidents and instances where you were in breach of laws of the Commonwealth and State/Territory in which you run your business.
  3. Proof of identity consisting of a passport sized photo and certified copies of current passports or travel documents of all the persons who have been included in the application.
  4. Documents regarding any change in circumstances such as change of name, civil status, death of partner or family member, and proof of genuineness of any relevant de-facto relationship.
  5. Documents that prove the identities of dependents not holding a provisional visa.
  6. Evidence of financial dependency of all your family members above the age of 18 years.
  7. Documents proving good character and English proficiency.
  8. Documents related to business organization, business ownership, management, taxation, employees, net assets, designated investments.
  9. All other documents related to the desired stream of application of the visa.

Fees for Subclass 888

Business Innovation and Investment (Permanent) (Subclass 888)

Application Charge AUD 2255
Additional Applicant charge(above 18 years of age) AUD 1130
Additional Applicant charge(below 18 years of age) AUD 565

Processing Time for Subclass 888

The processing time for Visa sub class 888 is nine months for both low risk and high passport holders.