888 Business Innovation and Investment Visas - The Gateway to Australia

 888 Business Innovation and Investment Visas answer your dreams of starting a new business in Australia or expanding an existing one. Approved by the Australian Department of Immigration and Border Protection, this visa allows you to live in Australia, grow your business, and continue earning money from overseas clients without being penalized by restrictive taxes and fees.

What is the 888 Business Innovation and Investment Visa?

The 888 Business Innovation and Investment Visa is designed for business entrepreneurs who want to start their businesses in Australia. Successful applicants will be granted a visa that will allow them access to the country's working holiday program. They will also be able to work, study, and live in Australia if they meet certain conditions.

The government of Australia has created the 888 Business Innovation and Investment Visa to help boost the local economy through entrepreneurialism.

Who is eligible for the 888 Business Innovation and Investment Visa?

1. You have a minimum net worth of US$2 million, including your personal residence; or

2. You have a minimum annual income of AUD$300,000 for the last two consecutive years; or

3. You bring in new investment capital into Australia of at least AUD$5 million (within five years); or

4. You set up an innovative, high-value business in regional Australia that will create at least 10 full-time jobs over five years.

5. A State/Territory Government nominates you.

6. You are under 45 years of age and seeking to establish yourself in Australia with the intent to start an innovative, high-growth business, invest significant capital in establishing or running such a business within four years, and employ 10 people within five years. This also applies if you apply for business innovation and investment visa 188.

Benefits of the 888 Business Innovation and Investment Visa

• The 888 Business Innovation and Investment Visa is a pathway for investors wishing to invest in Australia.

• It provides an opportunity for foreign nationals looking for a new entrepreneurial venture or those who have already established themselves as successful entrepreneurs in their home country who can set up and manage their own businesses in Australia.

• If your application is successful, you will be granted permanent residency status in Australia and full access to public education services.

• 888 Visa holders can bring family members who can work or study in Australia tool.

• 888 Visa holders have the same rights as permanent residents when accessing social security, Medicare, health care, disability care, aged care and other services.

• 888 Business Innovation and Investment Visas holders are entitled to the same tax deductions for their business investment as Australian residents.

Key points to remember when applying for the 888 Business Innovation and Investment Visa

Applications for the 888 Business Innovation and Investment Visas are now open. This visa is designed specifically for innovative entrepreneurs with a business idea that has not yet been developed or launched. To be eligible, applicants must show they can provide AU$2 million of investment in their own company as part of their application.

Applicants must also show they can access at least AU$150,000 in liquid assets. They will also need an Australian bank account already opened before applying. Suppose you want to make your application happen as quickly as possible. In that case, starting the process early is recommended so you have plenty of time to submit all required documents in time for your visa appointment date.


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