Business & Investment Visas
Australia’s Business Innovation and Investment Program (BIIP) was permanently closed to new applications on 31 July 2024, but existing 188 visa holders can still transition to permanent residency via subclass 888.
New applicants with strong business, research, or entrepreneurial backgrounds can now explore the National Innovation visa (subclass 858) — an invitation-based permanent pathway for exceptional talent and investors.
Unlock Your Australian Business Potential
Discover Business Opportunities Down Under
Navigating the business visa landscape can be daunting. At AusMigration Move, we make it straightforward. Our experienced team will guide you through every step to set up and expand your business in Australia.
Enjoy the benefits of Australia’s strong economy, booming markets, and friendly business climate. Whether you’re ready to invest or launch a new startup, we’ll ensure you have what you need to succeed.
PATHWAYS SECTION
Subclass 888
Permanent Pathway for Existing 188 Holders
Business Innovation and Investment (Permanent) Visa. Available for current provisional visa holders who meet stream criteria (Business, Investor, SIV, Entrepreneur).
National Innovation Visa (858)
For Entrepreneurs & High-Calibre Talent
Invitation-only visa for innovative business leaders, investors, researchers, and creatives delivering benefit to Australia.
Refund Options (BIIP Closure)
Refunds for Withdrawn BIIP Applications
If you applied for a 188 visa before 31 July 2024, you may be eligible for a refund of the Visa Application Charge under specific conditions.
PR Planning Consultation
Strategic PR Roadmap
Book a consultation to review your PR eligibility under 888 or 858 pathways.
Eligibility Summary (888 & 858)
Subclass 888 (For 188 Holders)
- Must hold a 188 visa (any stream)
- Meet business ownership/investment criteria
- Health & character requirements
- Demonstrate performance or compliance with conditions
- State nomination (where required)
National Innovation Visa (858)
- Internationally recognised achievements or innovation impact
- EOI + invitation required
- Demonstrated value to Australia
- Endorsement from industry or state body
- Health & character requirements
Our Process
Step 1
Your journey starts with a consultation. We’ll discuss your goals, assess your background, and clarify the migration options available to you. This first step ensures you have a clear understanding of your application.
Step 2
Next, we will help you gather all of the necessary documents and information needed for your application. We’ll guide you through this process to ensure nothing is overlooked.
Step 3
Once your documents are ready, we’ll complete the application on your behalf. Our experienced team will ensure everything is accurate and submitted on time for the best chance of approval.
Step 4
Finally, we’ll assist you through the waiting period until a decision is made on your application. You’ll receive timely updates from us, so you’re never left in the dark about your progress.
Why Choose AusMigration Move for Your 888 & 858 Visa?
- MARN Registered Agent (2518775) – trusted, licensed advice.
- Expert in Employer Sponsorships – end-to-end assistance for both employers and applicants.
- Tailored Guidance – eligibility checks, skills assessment, and nomination strategy.
- Transparent Service – upfront advice, fixed fees, no hidden costs.
- Successful Track Record – guiding skilled workers into permanent residency pathways.
Frequently Asked Questions
Can I still apply for a new 188 visa?
No. BIIP closed permanently to new applications on 31 July 2024.
Can I apply for PR as a 188 holder?
Yes. You may transition to PR through the 888 visa once you meet eligibility.
I’m an entrepreneur or researcher — what should I apply for?
The National Innovation visa (subclass 858) is now the main pathway for high-achieving innovators and entrepreneurs.
Are there state nomination requirements?
Some streams under subclass 888 still require nomination by a state or territory government.
Can I get a refund if I withdraw my 188?
You may be eligible under the BIIP closure refund scheme; seek professional advice before withdrawing.
Disclaimer:
The information provided on this page is for general educational purposes only and is not intended as legal or migration advice. Visa eligibility criteria, policy settings and legislation may change without notice. You should not rely solely on this information to make migration decisions.
Not Sure Which Skilled Visa Is Right for You?
Skilled migration pathways are complex and highly competitive. We can assess your eligibility and guide you toward the most suitable skilled migration option.