The requirements for the Business Innovation and Investment (Permanent) (Subclass 888) visa are listed below:
- You must already hold a Subclass 188 (Business Innovation or Investment) visa.
- You must have successfully run a business or have investments in Australia under your previous visa.
- Meet the minimum turnover, asset, or investment requirements as per your visa stream.
- Have maintained ownership and management of your business or investment during your stay.
- Must have a police clearance certificate and meet health requirements.
- Submit your application while your 188 visa is still valid.