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With Australia being one of the wealthiest countries in terms of Gross Domestic Product (GDP), it has become a hotspot for business and investment opportunities for non-Australians who wish to be permanent residents (and eventually, citizens) and continue doing business and investment activities here in the Land Down Under.
If you are currently holding a provisional visa under subclass 188, your next best step is to acquire an 888 visa to become a permanent resident. Your excitement at the prospect of being granted this visa may prompt you to ask, what is the processing time for 888 visa?
In this blog post, weâll tackle visa subclass 888 processing time and other critical information you need to know.
But first, learn about the specific requirements in order for you to apply and successfully be granted an 888 visa in Australia. These general application requirements are as follows:
There are five different streams under Business Innovation and Investment (Permanent) visa Subclass 888. These include Business Innovation, Investor, Premium Investor, Significant Investor, and Entrepreneur. For individual processing times for each stream, refer to the table below.
| 888 Visa Stream | Processing Time for 75% of Applications | Processing Time for 90% of Applications |
| Business Innovation Stream | 24 months | 27 months |
| Investor Stream | 23 months | 24 months |
| Premium Investor Stream | Unavailable | Unavailable |
| Significant Investor Stream | 26 months | 27 months |
| Entrepreneur Stream | 41 days | 41 days |
If youâre still thinking of applying for a business and investment visa and don’t have a provisional visa yet, hereâs the estimated visa processing times for Business Innovation and Investment (Provisional) visa subclass 188.
| 188 Visa Stream | Processing Time for 75% of Applications | Processing Time for 90% of Applications |
| Business Innovation Stream | 29 months | 35 months |
| Investor Stream | 36 months | 38 months |
| Premium Investor Stream | Unavailable | Unavailable |
| Significant Investor Stream | 18 months | 26 months |
| Entrepreneur Stream | 5 months | 5 months |
Talk to one of our Visa Experts Now.
While there are percentages and estimates about 888 visa processing times, they still vary and depend on key factors. Processing your 888 visa application can become longer or shorter based on the following circumstances:
While certain considerations such as application volume and time it takes agencies to verify individual health and character criteria are something unavoidable, seeking professional assistance from 888 visa specialists will still help ensure you submit all correct documents and notify you promptly if there is a request from the Department for you to submit supporting
documentation.
At Parish Patience Immigration Lawyers, we have some of the best migration agents and legal specialists to handle your case and guarantee a smooth-sailing visa application process. Here are more reasons why you should entrust your visa application processing to an immigration expert from Parish Patience:
Experience first hand the expertise and qualifications of licensed immigration lawyers and registered migration agents from a law firm thatâs been existing since 1888. Our long history of client service has enabled us to work alongside various clients with diverse backgrounds and unique visa requirements and concerns.
With our extensive professional experience comes a great number of success stories of individuals and families fulfilling their dreams of permanent residence and Australian citizenship. You can become the next applicant whom we can help attain your PR and citizenship dreams!
We offer a free consultation service if you have any questions regarding your visa application, whether itâs for a temporary or permanent visa. Our client-first approach means you can be assured that your goal becomes our mission, and that you will be guided accordingly throughout your visa application journey.
As a major first step, talk to one of our staff to discuss your unique situation. Book a consultation today and receive proper legal advice from seasoned professionals.
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Net Assets 888 August 3, 2023Our customers are always happy to share their thoughts with us.
Here is what some of them had said!
The team at parish Patience Immigration Lawyers were incredibly helpful throughout the application process. Their assistance made our lives so much less stressful and their expertise cleared up any confusion we had. They remained engaged with us the whole time and quickly responded to any questions with thoughtful, detailed answers. Special thanks to Usman Ali and Shan . We highly recommend the team at Parish patience immigration lawyer for anyone considering help regarding any kind of visa .
Highly recommended lawyers! Extremely professional and reliable service, with outstanding outcomes. A special thanks to Mr Thong and Marlene, for helping us with our difficult case. Not only did they ensure that everything was ready to go, but their professionalism came in favor when we were granted our visa within just under 6 months!
Thong and Marlene helped my partner gain permanent residency in Australia. We did the application ourselves but it turned out lots of information we needed to provide was missing. Thong and Marlene picked our case up and helped amend it. I really appreciate their help and guidance and look forward to contacting them again in the future. I am pleased by their efforts and professionalism.
Successfully handled my case. He had been prompt, caring and very professional in dealing with my case. I am glad to have received very strong support, guidance and service from them. I would highly recommend Parish patience immigration lawyers. I wish the best for their future prospects.
I’m really thankful for the guidance and assistance I’ve received regarding my Partner visa from Shan and his assistance Asha at Parish Patience. They handled my matter professionally and there were clear instructions from the beginning till end. I got my partner visa 820 granted in less than 7 months, thanks to their knowledge and expertise. I wish them all the best and highly recommend Parish Patience Immigration Lawyers for any sort of immigration matters.
If you need to apply for a visa and want every aspect of your application process as smooth as possible, speak to the best migration lawyer Sydney from Parish Patience. With the law firmâs long history of fulfilling dreams of permanent residency for our clients, rest assured that you and your visa application are in the hands of top immigration lawyers Sydney who will make it their sworn duty to fight for your case right from the start. Contact us today!
Have more questions related to 888 visa processing times?
We tackled some more common questions below.
It is a permanent resident visa for existing 188 visa holders who are seriously committed to continuing their business operations and investment activities in Australia.
You must receive nomination from the State to invest at least AUD $2.5 million and meet all other eligibility criteria, such as residency, a âfunctionalâ English aptitude, health and character requirements, etc.
The shortest 888 visa processing time is for the Entrepreneur stream at 41 days. The longest visa 888 processing time, meanwhile, is for the Significant Investor stream, which is estimated at 26 months for 75% of applications and 27 months for 90% of applications.
Yes, a subclass 888 visa is a permanent visa. If you intend to apply for PR under this visa, you must hold a provisional visa under subclass 188, submit the necessary documentary requirements, and satisfy all other eligibility criteria.
