Subclass 888

1. Business Innovation Stream (888):

   • Requirements:
     • Hold a Subclass 188 Visa in the Business Innovation stream.
     • Demonstrated a successful business in Australia.
     • Complied with the ongoing business and residence criteria.
   • Investment:
     • Must have held a designated investment in Australia for a specified period.
     • Continuation of business operations in Australia.

2. Investor Stream (888):

   • Requirements:
     • Hold a Subclass 188 Visa in the Investor stream.
     • Continued investment in Australia.
     • Satisfactory record of managing investments.
   • Investment:
     • Maintain the designated investment in Australia for a specific duration.
     • Managed investments for the requisite period.

3. Significant Investor Stream (888):

   • Requirements:
     • Hold a Subclass 188 Visa in the Significant Investor stream.
     • Continue to meet ongoing compliance and investment criteria.
   • Investment:
     • Maintain complying significant investments in Australia.
     • Continued commitment to designated investments.

4. Premium Investor Stream (888):

   • Requirements:
     • Hold a Subclass 188 Visa in the Premium Investor stream.
     • Maintain the designated premium investment for the prescribed period.
   • Investment:
     • Continued commitment to premium investments in Australia.
     • Active involvement in business and investment activities.

5. Entrepreneur Stream (888):

   • Requirements:
     • Hold a Subclass 188 Visa in the Entrepreneur stream.
     • Ongoing entrepreneurial and residency criteria.
   • Business Activities:
     • Provide evidence of continued business activities in Australia.
     • Show benefits to the Australian economy.

  Key Points:

• The Subclass 888 Visa is a permanent residency visa for successful business owners, investors, and entrepreneurs.
• Applicants must apply separately for the Subclass 888 Visa under their specific stream.
• Compliance with visa conditions and requirements is crucial for a successful application.
• Holders of Subclass 888 Visa can live and work in Australia permanently.