Business Skills Visas
— For Investors, Entrepreneurs & Business Owners
Australia’s business migration program offers permanent residency pathways for experienced business people and investors who establish or develop genuine business activity in Australia. Good Price Visa Services specialises in helping existing Subclass 188 holders apply for their permanent Subclass 888 visa — and advises new applicants on the business migration options available today.
- Business Innovation and Investment (Permanent) — Subclass 888
- All four streams covered
- State and Territory Nomination Advice
Important: The Subclass 188 Is Now Closed
The Australian Government permanently closed the Subclass 188 (Business Innovation and Investment Provisional) visa to new applications in July 2024. If you currently hold a Subclass 188, you can still apply for the permanent Subclass 888 once you have met the requirements. If you don’t hold a Subclass 188, we can advise you on alternative pathways.
Subclass 888 — The Four Streams
Business Innovation Stream
For those who have owned and operated a qualifying business in Australia for at least 2 years. Requires net business assets of at least AUD $200,000 and annual turnover of at least AUD $300,000.
Investor Stream
For those who maintained a designated investment throughout the required period and lived in Australia for at least 2 years in the 4 years prior to applying.
Significant Investor Stream
For those who held a Complying Significant Investment of AUD $5 million across approved investment categories.
Entrepreneur Stream
For those who held a Subclass 188 Entrepreneur visa, lived in Australia for at least 2 years, and progressed their endorsed entrepreneurial activity.
Don't Hold a Subclass 188? Alternative Options
- Become an Approved Business Sponsor
For internationally recognised leaders in target sectors
- Employer Sponsored Visas
For business owners entering Australia in a senior or specialist employed capacity
- State Nominated Skilled Visas
Some states nominate business owners under skilled programs
Contact us for current, personalised advice on business migration.
Common Questions
An Australian business visa allows experienced business owners and investors to live in Australia while managing a business or investment. For many applicants this leads to permanent residency through the Subclass 888 Business Innovation and Investment visa.
The Subclass 888 visa is mainly for people who already hold, or previously held, a provisional business visa and have met the business, investment or entrepreneurial requirements of that visa stream in Australia.
Yes. If you meet the business performance, investment and residency requirements of your stream, the Subclass 888 visa can grant you permanent residency, allowing you and your eligible family members to live in Australia indefinitely.
Most business visa streams require you to invest or commit a minimum level of funds in an eligible business or complying investment in Australia. The amount depends on the specific stream and state or territory nomination rules.
Yes. You can usually include your spouse or de facto partner and dependent children in your business visa application so they can also live, work and study in Australia.