BUSINESS INNOVATION AND INVESTMENT PROVISIONAL
This is a 4-year visa for business people and willing investors seeking to establish business operations in Australia and obtain permanent residence through their business activities. To become eligible for permanent residence (under the subclass 888 Permanent Australian visa pathway) you must either hold an ownership interest in an Australian business or maintained your investment for 4 years. After 3 years on the subclass 188 visa, it can be extended in Australia for 2 more years allowing you further time to meet requirements to move to permanent residence.