🇦🇺 Australia · Investor

Subclass 888 — Business Innovation and Investment (Permanent) [transition only] — requirements, costs & how to apply

Official source Updated 2026-06-08 · Government page ↗

Who is eligible

Minimum investment€917,265
Work experience2+ years
Criminal recordClean record / police clearance
Medical examRequired
Age range18–55

Costs

Application / consular fee€2,446

Duration & renewal

Initial stay: 48 months. Citizenship possible after 4 years.

How to apply

  1. Confirm you meet the eligibility above.
  2. Gather documents and apply via the official portal: https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/business-innovation-and-investment-888.

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Informational only, not legal or immigration advice. Requirements change — always confirm on the official government source linked above before applying. Last verified 2026-06-08.

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