A permanent visa that lets you continue to own and manage a business in Victoria.
Cost: No fee
Nomination processing time: 20 business days
Read the Supporting information page for more information on the subclass 888A visa.
Who can apply?
To be eligible to apply for Victorian Business Innovation stream (subclass 888A) visa nomination, you must:
- Hold a Victorian nominated provisional visa, either a:
- Business Innovation stream (subclass 188A) visa,
- Business Innovation Extension Stream (subclass 188X) visa,
- a Special Category (subclass 444) visa, or
- in certain cases, a Temporary Work (Skilled) (subclass 457) visa.
- Have met the Victorian nomination conditions for Business Innovation stream (subclass 188A) visa including:
- live in Victoria,
- manage and operate your business in Victoria, and
- have met your business performance requirements.
- Meet the Department of Home Affairs requirements including minimum financial requirements.
What requirements apply to me?
What requirements apply to me?
If you are applying for Victorian nomination for the subclass 888 visa, you must meet the requirements at the time you were nominated by the Victorian Government for your subclass 188 provisional visa.
The table below outlines the requirements you must meet:
Date Nominated | Core Nomination Criteria | Other requirements |
1 July 2022 – 30 June 2024 |
Not eligible: property development, gift stores, convenience stores, dollar stores, franchises (unless the franchise brand has not operated in Australia). | Exporting
Change of business requirement
Investment Must invest $500,000 into eligible Victorian business and maintain the investment for at least 1 year, immediately preceding the permanent visa (subclass 888) nomination application. |
1 Jan 2021 – 30 June 2022 |
| Exporting
Change of business requirement
Residence in Victoria
|
1 July 2020 – 31 December 2020 |
| Exporting
Change of business requirement
Residence in Victoria
|
22 July 2019 – 30 June 2020 |
| Exporting
Change of business requirement
Residence in Victoria
|
1 Jan 2015 – 21 July 2019 |
| Exporting
Change of business
Residence in Victoria
|
How to apply?
To apply for Victorian Business Innovation stream (subclass 888A) visa nomination you must
- Prepare your evidence to support your application.
- Review the Supporting Information.
- Submit a nomination application via the Live in Melbourne portal
- Respond to any requests for further information within 2 weeks.
After you apply
- The Skilled and Business Migration Program will assess your application.
- We will email you if we require more information to support your application. You must respond within two (2) weeks.
- We aim to finalise all applications within 20 business days.
Once you are nominated
- You or your agent will be notified of our decision by email.
- Submit your visa application to the Department of Home Affairs within 90 days.
- Keep your contact details up to date so we can provide you important services.
- We have a dedicated Relationship Management team that may contact you to assist you to navigate the Victorian business environment.
- Comply with your Victorian nomination obligations for subclass 888 .
What you’ll need
In your application, you will need to provide the following documents to show you meet the requirements:
- Passport,
- evidence that you live in Victoria,
- 3 photos of the business (external and internal), products or service,
- export activity information (if applicable),
- a balance sheet and profit and loss statement for the last 2 years, and
- evidence that you or your partner have Functional English or have completed an English course funded by the Department of Home Affairs AMEP or you are operating a High Performing Victorian Businesses.
For more information on what is considered a High Performing Victorian Business, see the Business Innovation stream (subclass 888A) - Supporting information page.