Business Innovation and Investment (Subclass 888)

The Business Innovation and Investment (Subclass 888) visa is an Australian residency pathway for business owners, investors, or entrepreneurs who have successfully managed and grown their businesses or investments in Australia. It allows eligible individuals to live, work, and operate their business or maintain their investments in Australia temporarily, with the potential to apply for permanent residency later. This visa encourages active involvement in business activities or investments that contribute to Australia’s economy and employment, while requiring applicants to meet specific criteria regarding their business performance, financial investments, and overall contribution to the country.