Who should apply for 888 Visa?
If you have held a temporary 188A, B, C, E visa for a consecutive time of at least four years or held a 188D visa for a continuous period of at least 12 months, you can apply for the permanent 888 visa.
English Skills
Any applicants aged 18 years old and above must have at least functional English skills or will need to pay the second instalment of visa application charge.
Visa Application
You can apply for the 888 visa from inside or outside of Australia.
Processing Times
888A VISA (BUSINESS AND INNOVATION Stream)
75 percent of applications processed in 25 months.
90 percent of applications processed in 27 months.
888B VISA (INVESTOR Stream)
75 percent of applications processed in 23 months.
90 percent of applications processed in 25 months.
888C VISA (SIGNIFICANT INVESTOR Stream)
75 percent of applications processed in 26 months.
90 percent of applications processed in 28 months.
888D VISA (PREMIUM INVESTOR Stream)
Processing times are not available.
188E VISA (ENTREPRENEUR Stream)
Processing times are not available.
Start to prepare your 888 Visa Application
| Comparison of 888 Visa Streams | ||||
| 888A VISA Business & Innovation | 888B VISA Investor | 888C VISA Significant investor | 888D VISA Premium Investor | 888E VISA Entrepreneur |
| · Proof of current nomination from a state or territory government agency
· Own and manage a business in Australia · The main business has an annual turnover of AUD300,000 · Meet the assets and employees requirement · Meet the residence requirement · Have a realistic commitment to continuing business activities |
· Designated investment must have been held continuously in your name
· Meet the residence requirement |
· Proof of current nomination from a state or territory government agency
· Commitment to your business and investment activity · Provide evidence you held a complying investment or a complying significant investment (as applicable) for the entire time you held your provisional visa · If you ‘switched’ investments at any time, evidence of the transfer of funds from one complying significant investment to another |
· Proof of current nomination from a state or territory government agency
· Commitment to your business and investment activity · Provide evidence you held a complying investment or a complying significant investment (as applicable) for the entire time you held your provisional visa · Provide evidence you held a complying investment or a complying significant investment (as applicable) for the entire time you held your provisional visa · If you invested in an Australian proprietary company, provide: evidence that the company was operating to make a profit through providing goods or services to the public evidence that the company was not operating as a passive or speculative investment, such as a landlord of residential property, gambling, share trading, or holding property for capital gain a shareholder certificate and a historic company extract from the Australian Securities and Investments Commission: audited accounts, including profit and loss statement, balance sheet, and all notes to the accounts, for each financial year of the investment (Your evidence must cover a period of: at least 2 years if your investment in the business was for 2 years or more, or for the whole period of the investment in the business if it was for less than 2 years) |
· Proof of current nomination from a state or territory government agency
· Commitment to your business and investment activity · Evidence of your successful record of entrepreneurship including – the number of people employed by your businesses during the 12 months before you apply, their citizenship or residency status and relationship to you, if any the annual turnover of your business any ongoing funding or investment in your entrepreneur activity including: the sale of your business for AUD2 million awards or recognition If invited for 188 before 1 July 2021 – A copy of your funding agreement A copy of your business plan If invited for 188 after 1 July 2021: Provide evidence of genuine intention to undertake, and continue to undertake, the complying entrepreneur activity in Australia. |
MANDATORY FORMS
Online form
ENGLISH SKILLS
English Language test results
CHARACTER
Form 80 Declaration of applicant(s) and those who are not migrating
Military Discharge Papers of applicant(s) and those who are not migrating
Police Check from Residence Abroad of applicant(s) and those who are not migrating
AFP Police Certificates of applicant(s) and those who are not migrating
IDENTITY – Applicant
Certified copy of applicant passport and national identity documents
Certified copy of applicant Birth Certificate
Certified copy of applicant Police Records in all countries of residence
Current CV of applicant
Recent passport-size photo of applicant(s) and those who are not migrating
IDENTITY – Partner & Dependents under 18 years or older
Proof of shared finances and home address with Partner (joint bank account statements, billing accounts in both names, joint leases or mortgages)
Certified copy of passport and national identity documents
Certified copy of Birth Certificate
Certified copy of Police Records in all countries of residence
Current CV
Proof of Functional English Skills
Recent passport-size photo
Health and Character documents
Form 47a – Proof of dependency for dependents
* Complete Form 1436 if adding an additional applicant after lodgement
Originally posted 2022-07-02 21:46:31.
