Business Innovation and Investment (Permanent) visa (subclass 888) – Investor stream

To be eligible to apply for Victorian Investor stream (subclass 888B) visa nomination, you must:

• hold a Victorian nominated provisional Investor stream (subclass 188B) visa, and held it for at least 3 years, or
• have met the Victorian nomination conditions for Investor stream (subclass 188B) visa including:
  • live in Victoria
  • maintained complying investments of at least A$2.5 million in Victoria
• meet the Department of Home Affairs requirements.

To apply for Victorian Innovation stream (subclass 888B) visa nomination you must:

1. Prepare your evidence to support your application.
2. Review the Supporting Information.
3. Submit a nomination application via the Live in Melbourne portal.
4. Respond to any requests for further information within 2 weeks.

After you apply

1. The Skilled and Business Migration Program will assess your application.
2. We will email you if we require more information to support your application. You must respond within two (2) weeks.
3. We aim to finalise all applications within 20 business days.

Once you are nominated

1. You and your agent will be notified of our decision by email.
2. Submit your visa application to the Department of Home Affairs within 90 days.
3. 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.
4. Comply with your Victorian nomination obligations for subclass 888.

In your application, you will need to provide the following documents to show you meet the requirements: