Subclass 888 – Significant Investor Stream -Permanent Visa

Q: What is the processing time?

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

Transition from your 188C visa to permanent residency by maintaining AUD 5m in complying investments.

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🔎 Quick Visa Facts

Visa/Subclass Subclass 888 – Significant Investor Stream

Who it suits High-net-worth investors who held a 188C visa and maintained AUD 5m in complying investments

Stay period Permanent residency

Work rights Full work rights

Study allowance Permitted

Location rules Nationwide

Key risks Not maintaining investment structure, missing residence requirement, incomplete compliance records

Visa Overview

The Subclass 888 – Significant Investor Stream is for holders of the Subclass 188C visa who have invested AUD 5 million in complying investments in Australia. It provides permanent residency once residence, investment, and compliance requirements are satisfied.

🎯 Key Benefits

🔍 Step‑by‑Step Application Process

Follow these steps to apply for the Subclass 888 visa:

Check Eligibility

ensure you held a Subclass 188C visa and maintained AUD 5m in complying investments.

Meet residence requirement

(generally at least 40 days per year in Australia as the primary applicant, or 180 days for secondary applicant if applicable).

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.

Eligibility Criteria

Hold a valid Subclass 188C Significant Investor visa.

Maintain AUD 5m in complying investments in Australia for the required period.

Meet residence requirement: primary applicant must generally reside at least 40 days per year in Australia (or spouse can meet 180 days per year).

Comply with Australian tax and regulatory obligations.

Meet health and character requirements (including dependants).

📝 Required Documents

Passport and national ID documents

Evidence of Subclass 188C visa grant

Complying with investment portfolio evidence (fund manager reports, bank records)

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.

Failing to meet the residence requirement.

Incomplete or inconsistent financial records

Not complying with ATO or fund manager reporting requirements.

Missing AFP or health check evidence.

🧰 Resources & Tools

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

Download Significant Investor Pack

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Check Your Points

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Check You Eligibility

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❓ Frequently Asked Questions
Subclass 888 Significant Investor Stream

Who can apply for Subclass 888?

Holders of a Subclass 188C visa who maintained AUD 5m in complying investments.

What is the residence requirement?

Generally, at least 40 days per year for the primary applicant, or 180 days per year if satisfied by the spouse.

Do I need to maintain my investments until the grant?

Yes. You must maintain AUD 5m in complying investments continuously until your visa is granted.

Can I include my family?

Yes, partners and dependent children can be included.

What is the processing time?

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

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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.