888 Visa - Investor Stream | Best Immigration Lawyers

What is the Investor Stream of the 888 Visa?

The Investor Stream of 888 Visa is a permanent residency visa that allows Provisional Investor Stream of the 188 Visa holders to continue their investment activities and live in Australia indefinitely. You can either be in or outside Australia when applying and when the decision is made.

Am I eligible to apply for the Investor Stream of the 888 Visa?

What are the requirements for the Investor Stream? You may meet the requirements if you

hold the Investor Stream of the Business Innovation and Investment (Provisional) Visa
are nominated by an Australian State or Territory government agency before applying for the visa
have owned and directly managed a designated investment in Australia for 4 years before you apply the permanent visa
have lived in Australia for a minimum of 2 years before you apply
have followed Commonwealth and States or Territories laws where your business operated
do not have any previous visa cancellations and have complied with conditions of your previous visa
meet health and character requirements
meet functional English language requirements. See below tab for more information on this requirement

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Functional English Evidence Requirements

You will meet the functional evidence requirement if you meet one of the following:

hold a valid passport issued by the United Kingdom, the United States of America, Canada, New Zealand or the Republic of Ireland
Your English has been assessed as functional by an Australian Adult Migrant English Program service provider
You completed a degree, a higher degree, a diploma or a trade certificate in an institution in or outside Australia that required at least 2 years of full-time study in English
you undertook your education at:
- Institution: a primary school and secondary school where all instruction was in English in or outside Australia

Study Time: All years of primary and at least 3 years of secondary study

Institution: a secondary school in or outside Australia where all instruction was in English

Study Time: At least 5 years of study

Institution: an institution in Australia where all instruction was in English

Study Time: At least 1 year of full-time study towards an award

Institution: an institution in Australia where all instruction was in English Study Time: The part-time equivalent of 1 year of full-time study towards an award
in the 12 months before you applied for the visa, you scored one of the following:
IELTS: An average band score of at least 4.5 based on the 4 test components
TOEFL iBT: A total band score of at least 32 based on the 4 test components of speaking, reading, writing and listening
PTE Academic: An overall band score of at least 30 for each of the 4 test components
CAE: An overall band score of at least 147 for each of the 4 test components

What are the benefits of the 888 Visa – Investor Stream?

With the Investor Stream of the Business Innovation and Investment (Permanent) Visa you can:

live, work and study in Australia permanently
enrol in Australia’s public health care scheme (Medicare)
sponsor your eligible relatives to come to Australia
travel to and from Australia for 5 years
apply for Australian Citizenship if you are eligible

What are the costs of the 888 Visa?

The Department of Home Affairs visa cost for the main applicant of the Business Innovation and Investment (Permanent) Visa is AUD $2,590

How long does it take to get the Investment Stream of the 888 Visa?

The Department of Home Affairs assesses applications on a case-by-case basis and processing times are not available for Investment Stream. Completing application with necessary documents, responding to any requests quickly and providing required information can help expedite the process.

Frequently Asked Questions for Investor Stream

Can I include my family members to Australia on the 888 Visa - Investor Stream?

Yes, you can include your family members when you apply or any time before a decision is made.

What is a designated investment for the Investor Stream?

Designated investment stands for the invested AUD $1.5 million in an Australian state or territory when you applied for your provisional visa.

Why choose us for the Business Innovation Visa?

At Best Immigration Lawyers we have assisted many 888 Visa applications in NSW and Victoria for investors. Our firm specialises in immigration law and has experienced legal professionals and resources required to provide you with the guidance and representation that is needed to ensure you reach your immigration goals. Please call us on 0292830888 or book a meeting online or for professional assistance.