Subclass 888 – Premium Investor Stream - Permanent Visa

Q: What is the processing time?

Generally, 3 –5 months, depending on evidence quality and caseload.

Transition from your 188D visa to permanent residency by maintaining AUD 15m in premium investments (Austrade invitation only).

📖 Book A Free Consultation

🔎 Quick Visa Facts

Visa/Subclass Subclass 888 – Premium Investor Stream

Who it suits High-net-worth individuals who held a 188D visa and maintained AUD 15m in complying premium investments

Stay period Permanent residency

Work rights Full work rights

Study allowance Permitted

Location rules Nationwide

Key risks Not maintaining investment structure, invitation-only restrictions, compliance issues

Visa Overview

The Subclass 888 – Premium Investor Stream is for holders of the Subclass 188D visa, offered only by invitation from Austrade, who have invested AUD 15 million in premium complying investments. It provides permanent residency once residence, investment, and compliance requirements are met.

🎯 Key Benefits

Eligibility Criteria

Hold a valid Subclass 188D Premium Investor visa.

Maintain AUD 15m in complying premium investments in Australia.

Be nominated by Austrade through an invitation-only process.

Meet residence requirement (generally resided in Australia for at least 1 year during the investment period).

Comply with Australian financial and regulatory obligations.

Meet health and character requirements (including dependants).

🔍 Step‑by‑Step Application Process

Follow these steps to apply for the Subclass 888D visa:

Check Eligibility

ensure you held a Subclass 188D visa and maintained AUD 15m in premium investments.

Confirm Austrade invitation and compliance with investment conditions.

Prepare investment evidence

(fund manager statements, bank records, government-approved investment reports).

Gather supporting documents

passport, AFP check, health insurance, identity, and family documents.

Submit your application online via ImmiAccount.

Attach all required documents accurately.

Pay the Visa Application Charge (VAC) and await a decision.

📝 Required Documents

Passport and national ID documents

Evidence of Subclass 188D visa grant

Premium investment portfolio evidence (bank records, Austrade letters, fund manager reports)

ATO tax returns and compliance documents

Proof of residence in Australia (utility bills, leases, entry/exit records)

AFP National Police Check

Health insurance evidence

Family identity and character documents

Visa Fees & Processing Time

Type	Amount
Base Application Fees	AUD3,500.00
Additional Applicant 18 and over	AUD1,755.00
Additional Applicant Under 18 Fees	AUD875
Processing time:	typically 3–5 months, depending on caseload and evidence quality.

Family Members

You can include your partner and dependent children (including financially reliant over 18).

Family must meet health and character requirements.

Subsequent entrant applications are permitted after visa grant.

Common Mistakes & Red Flags

Not maintaining AUD 5m in complying investments for the required period.

Not receiving or maintaining an Austrade nomination.

Incomplete or inconsistent financial records

Not meeting residence requirement.

Missing AFP or health check evidence.

🧰 Resources & Tools

Discover free tools to help you plan, prepare, and lodge your visa with confidence

Download Premium Investor Stream Migration Pack

Download

ATO Compliance Explainer for Premium Investors

Discover

❓ Frequently Asked Questions
Subclass 888 Premium Investor Stream

Who can apply for Subclass 888?

Holders of a Subclass 188D visa who invested AUD 15m in premium investments with an Austrade invitation.

Is this visa invitation-only?

Yes. Austrade nominates individuals under the Premium Investor stream.

Do I need to maintain investments until the grant?

Yes. You must maintain AUD 15m in premium investments continuously until your visa is granted.

What is the residence requirement?

Generally, at least 1 year in Australia during the investment period.

What is the processing time?

Generally, 3–5 months, depending on evidence quality and caseload.

📞 Book a Free Consultation with a Migration Expert

Speak directly with a MARA-registered migration agent and have your Skilled Visa strategy explained step-by-step — at no cost.

Why Trust Visa Advisor?

Choosing the right migration partner can make all the difference.

Here’s why Visa Advisor is the trusted choice

Expert Guidance

MARA-registered agents with years of experience simplify your migration journey.

Transparent Pricing

Clear, upfront costs with no hidden fees—just honest advice.

Global Support

Flexible online and in-person consultations, wherever you are.

Smart Tools

Advanced visa finders and calculators to make decisions easier.

Proven Results

Trusted by clients for reliable, personalized migration support.

Disclaimer
The information on this page is for general guidance only and does not guarantee visa approval. All visa applications are subject to the discretion of the Australian Department of Home Affairs. For personalized guidance, please contact a registered migration agent at Visa Advisor.