Subclass 888
Business Innovation and Investment (permanent) visa (subclass 888)
A visa listed by the Department of Home Affairs. Open its official page for current streams, requirements and application availability.
Overview
A visa listed by the Department of Home Affairs. Open its official page for current streams, requirements and application availability.
General factual information. This page does not assess your eligibility and has not been reviewed by a lawyer or registered migration agent.
Requirements
Open the official visa page for its current requirements and stream details. A listing here does not mean applications are open.
Requirements on Home AffairsDocuments & forms
Home Affairs lists the documents for each stream. Your practitioner can prepare a checklist for your matter.
Browse official form linksForms commonly used with this visa
- Form 47bu: Application for a Business Skills (permanent) visa — Application for a Business Skills (permanent) visa.
- Form 80: Personal Particulars for Assessment Including Character Assessment — Personal particulars and character — commonly requested by the department.
- Form 1221: Additional Personal Particulars Information — Additional personal particulars, if the department requests it.
- Form 922: Notification of address or change of address for Business Skills visa holders — Notification of address for Business Skills visa holders.
- Form 956: Appointment of a registered migration agent, legal practitioner or exempt person — If you appoint a registered migration agent or legal practitioner.
- Form 1022: Notification of Changes in Circumstances — To notify a change in circumstances after lodgement.
- Form 1023: Notification of Incorrect Answer(s) — To correct an incorrect answer after lodgement.
Factual associations from a dated snapshot. The official visa page lists what an application actually requires.
Open official visa documents and instructions
General preparation checklist — a printable, official-linked list of common steps and documents. It is not advice.
Published processing times and charges
Official global processing times
| Stream | 25% of applications | 50% | 75% | 90% |
|---|---|---|---|---|
| Business Innovation | 4 Months | 5 Months | 6 Months | 7 Months |
| Investor | 3 Months | 4 Months | 4 Months | 5 Months |
| Significant Investor | 90 Days | 4 Months | 5 Months | 7 Months |
Aggregate figures for applications decided in the period ending 2026-06-30, published 2026-08-04. They describe past decisions and never an individual timeframe. Current official processing times ↗
Visa application charge (published table)
| Published entry | Base applicant | Additional applicant 18+ | Additional applicant under 18 |
|---|---|---|---|
| Business Innovation and Investment (Permanent) visa (subclass 888) - Investor stream | $4,375 | $2,195 | $1,090 |
| Business Innovation and Investment (Permanent) visa (subclass 888) - Significant Investor stream | $4,375 | $2,195 | $1,090 |
| Business Innovation and Investment (Permanent) visa (subclass 888) - Premium Investor stream | $4,375 | $2,195 | $1,090 |
| Business Innovation and Investment (Permanent) visa (subclass 888) - Entrepreneur stream | $4,375 | $2,195 | $1,090 |
| Business Innovation and Investment (Permanent) visa (subclass 888) - Business Innovation stream | $4,375 | $2,195 | $1,090 |
Generic published amounts as at 2026-07-01. Government charges are separate from any professional fee, and surcharges or exemptions may apply. Current official pricing ↗
Updates & sources
Australian Government Department of Home Affairs
Source link checked: 9 September 2026. This records a source check, not a guarantee that the information has not changed.
Changes are reviewed before publication. Manage source update preferences or report a correction.