Visa 888 - Business Innovation and Investment Investor Stream (Permanent)

Investor Stream

This visa is available for holders of the 188 Business Innovation and Investment – Investor Stream visa.

State nomination criteria

Western Australian State nomination criteria includes:

  • you were the primary applicant for your 188 Business Innovation and Investment (Provisional) visa (or, a government bond investment held jointly will allow either the primary or secondary applicant to meet the criteria for the Subclass 888)
  • you have held your Designated Investment for at least four years OR your investment is due to mature within the next three months
  • you will maintain your funds in Western Australia on maturity of your treasury bonds
  • you have been resident in Western Australia for a total of at least two years during the last four years – applicants are expected to have purchased a residence in Western Australia
  • unless the Government of Western Australia has negotiated a change to your business proposal, you must have met the conditions of the State Nomination Agreement of your provisional business visa, including:
    • total capital transfer to WA
    • investment in Treasury Bonds

Next steps