Business Visa – Significant Investor Stream
Subclass 888C
(Permanent)

Overview

  • As a permanent visa, Businss Visa – Significant stream (Subclass 888C) is the second and final stage of Business Visa – Significant Investor stream (Subclass 188C) and lets its holders to stay permanently in Australia whilst continuing their investment activities.

  • Even simpler than the first stage, Subclass 888C visa involves no Expression of Interest (EOI), but does require nomination from state/territory government or Austrade.

  • You may include your family in your visa application so your entire family can migrate together.

Process

Step 1 Apply for state/territory nomination

Step 2 – Submit application for Subclass 188C visa once nomination is approved

Eligibility

Obtain nomination from state/territory government or Austrade

Have not had involvement in unacceptable business or investment activities

Meet health and character requirements

Have functional English (or a second instalment of application fee applies)

Have a realistic commitment to continue your business or investment activity in Australia.

Residence: 40 days per year for primary applicant or 180 days per year for secondary applicant (unless COVID-19 concessions apply), which means primary and secondary applicants can ‘swap’ where the seconday applicant for Subclass 188A visa can now become the primary applicant for Subclass 888A visa in order to meet the residence requirment

Investment: Have held the investment for at least 4 years

Tell the Immigration of any funds you transferred from one investment to another.

If any part of your investment is or was a direct investment in an Australian proprietary company, then:

  • if the period of the direct investment was less than 2 years, the company must have been a qualifying business for the whole period, or
  • if the period of the direct investment was 2 years or more, the company was a ‘qualifying  business’ for at least 2 years, or
  • if the company has been unable to operate as a ‘qualifying business’, you must have made a genuine attempt to do so

Special Notes

Qualifying Business

A qualifying business:

  • is operated for the purpose of making profit through the provision of goods, services or goods and services (other than the provision of rental property) to the public; and

  • is not operated primarily or substantially for the purpose of speculative or passive investment.​

COVID-19 Concessions

Arrangements are in place for provisional visa holders who may have been disadvantaged as a consequence of the COVID-19 pandemic. During the ‘Covid-19 concession period’ which commenced 1 February 2020 and is ongoing, time spent overseas will count as time being in Australia if:

Location

Applicants may be in or outside Australia at the time of application and visa grant.

Duration of Stay

This is a permanent visa that allows you to stay permanently in Australia. However, its travel facility expires after 5 years so you will need to apply for Resident Return Visa (Subclass 155 & 157)  or Australian citizenship (if eligible) if you wish to travel overseas and back to Australia after the expiry date.

Tricks and Common Reasons for Refusal

1 – Unfamiliarity with How the Australian Immigration Works and Its Mentality

In many cases, applicants prepare and submit their supporting documentation in a disorderly way, giving the Immigration a hard time digging through tons of paperwork to get things in the right order when picking up a new visa application. This will potentially lead to endless back-and-forth clarification and explanation, wasting both sides lots of time and can even result in a refusal of Subclass 888C visa.

This is common since applying for a visa, especially a permanent one, is the very first time to most applicants. For this reason, our team have developed our own system for labelling, coding, structuring and, where necessary, cross-referencing documentation so your application can be submitted in the most presentable and logical manner. Making your application stand out among all competitors has been our goal from day one.

2 – Careless Yet Costly Mistakes

Applying for migration is seen as a delicate work of art due to the staggering amount of attention, paperwork, and details involved. A seemingly minor/harmless error such as a typo in your résumé, a date entered wrong, or a tick in the wrong box in the lengthy visa application form can prove costly as the Immigration processes all visa applications strictly in accordance with migration law, in particular Migration Act 1958 and Migration Regulations 1994. Even a small error can be regarded as failing to satisfy a visa requirement and therefore lead to a visa refusal. To minimise such incidents, our team pay extra attention while editing and drafting every client’s paperwork and always proofread and also conduct a final review of documentation before submission.

3 – Applications Not Being Decision-ready

Another common reason of refusal for Subclass 888 visa is submitting an application without all the required documentation. This happens incidentally when the application was prepared carelessly, or intentionally when the applicant was trying to rush an application for whatever reason (e.g. meeting a cut-off date of a major migration policy change, which happens almost each and every year and often catches people off guard). Even with nearly 20 years of experience, we handle each application meticulously as our first to ensure nothing slips through the cracks. Should a sudden change of policy hit and impact you, we are more than capable of advising you what documents are mandatory at the time of submission and what can wait so you are not in danger of a straight-up visa refusal upon submission.

Benefits

With this visa, you may:

  • migrate to Australia together with your family

  • stay and live in Australia permanently

  • potentially bring your extended family members to Australia permanently on parent visa or visa intended for other relatives

  • access various government benefits, including but not limited to:

    • pension

    • unemployment and job-seeking benefits

    • cocession cards for commuting

    • benefits associated with new-born baby

    • interest-free school loan

  • travel overseas and back to Australia without limitations for any purposes (e.g. overseas holiday, visiting family and/or attending family matters in home country)

  • access Australia’s public health care scheme (Medicare) which essentially provides free medical consultations, operations and hospitalization for a wide range of medical conditions

  • study in Australia without any limitations

  • attend free English language course provided by Australian government

  • apply for Australian citizenship when eligible

Application Fees​

You may include your family in the application so your family can migrate to Australia together.

First Instalment

  • Main applicant: $2935

  • Each secondary applicant aged 18 or over: $1470

  • Each secondary applicant under 18: $730

Second Instalment

For each secondary applicant at least 18 is assessed as not having functional English at the time of application, a second instalment of $4890 applies.

Please note: you may incur third-party charges, for example, for assets valuation, translation, English test, police certificate and health exam.

Processing Time​

Kindly note the processing time constantly varies. Please contact us for update.​

  • 75% of applications: 26 months

  • 90% of applications: 27 months

Our Unbeatable Services - How Exactly We Make It Hassle-free

consulting

  • Let’s face it – visa applications are complex, especially when you are not an expert in Australian immigration law - that is Migration Act 1958 and Migration Regulations 1994.

  • Simply put – our visa and immigration legal services are truly unbeatable.

  • This is because our immigration lawyers and registered migration agents in Melbourne do all of the 40 Things in Our Exclusive 5-step Services for you to:

    • give you a stress-free visa application journey;
    • maximise your chances of a successful application outcome.
  • Can you find such detailed and specific services elsewhere? We guarantee you can’t.

  • This way, you know your money really is well-spent.

Please note a client refers to a visa applicant, their family members or a sponsoring employer where applicable.

Florence Goh
Florence Goh
1729500074
Very thorough and thoughtful lawyer. Danny broke down the process digestably and is very understanding of our situation.
Jamie Tsirigotis
Jamie Tsirigotis
1729499990
Had a fantastic experience with the initial consultation. Danny was very thorough and precise in explaining possible visa options, and has a comprehensive system to allow clients to feel less overwhelmed by the application process. Would highly recommend!
Emi Ishida
Emi Ishida
1728973938
Despite my sudden call and inquiries (personal and confusing), Danny was very patient with me and has provided me with helpful advice and clarification which reassured me a lot. This phone advice was free of charge. I was very impressed and would recommend to someone who is seeking for professional advice/consultation for Australian visas.
Ujjwal Dutt Sharma
Ujjwal Dutt Sharma
1728366437
We have really short time of period to get stay and apply to another 482 but Danny He and Marcus Teng make it happen.Thank you so much Mates.
saroj chhetri
saroj chhetri
1726800316
Ya. Taibi
Ya. Taibi
1725844903
Awesome tema and Great professionals. I went with burning questions to Danny and he was so helpfull with the Matter. I would definetly go back if i needed any advice.
Lucy Lu
Lucy Lu
1725623309
Highly recommended migration agent. Answered all my questions patiently. Initially I was so worried, now I can finally have a peace of mind!
Timothy Lim
Timothy Lim
1725622375
The agent is really nice. He promptly answered my burning questions about a very complicated case related to my visa, and has helped me to solve my issues. I really appreciate his help, would definitely come back to him again!
Phenphisut Intra
Phenphisut Intra
1722589119
Danny is really helpful and gave us lots of useful info, thank you.
biljana budeska
biljana budeska
1722415758
I spoke with Danny today. He provided us with a lot of information and explained things with clarity. I highly recommend going through this company
Talha Farooq
Talha Farooq
1720667386
This review is for Danny, the gentleman who provided me an excellent consultation regarding my skilled visa application. His comprehensive guidance and in-depth knowledge were impressive, as he answered all my questions in great detail. Danny's clear explanations helped me understand the complex visa process, making me feel much more confident about my next steps. I highly recommend this visa consultancy firm for anyone seeking expert advice on their visa journey.
Julio Valencia
Julio Valencia
1718977401
I recently used Gold Medal Visa Agency to organize a partner visa, and I couldn't be happier with their service. From the moment we contacted them, their professionalism and dedication shone through. Their team was incredibly knowledgeable, guiding us through each step with clear instructionsThe communication was top-notch; they were always available to answer our questions promptly. The personalized approach made the entire process feel smooth and stress-free, despite the complexities involved in visa applications.Thank you Danny!!
sayali harde
sayali harde
1718619346
Danny has been super helpful and the consultation was very helpful.
Vineet Prabhakar
Vineet Prabhakar
1718619300
I had an insightful consultation with Danny He. He was very specific in terms of visa terms & conditions, requirements and the entire costing involved. Highly recommend Gold Medal Visa
Dua E Zehra
Dua E Zehra
1717562960
Highly recommended
Mark Leaser Correll
Mark Leaser Correll
1715159085
Had a good experience, helped with visa information and advice.
Rumaisah Zaman
Rumaisah Zaman
1715158983
Danny was my consultant. They're very knowledgeable and helped me a lot. They follow up and are very responsive, which I really appreciated
Jenny Kheng
Jenny Kheng
1714716548
My consultation with Danny was an incredibly informative session. He thoroughly answered all of my questions and also went through each step in detail, which clarified the entire process and made it clear what the next actions should be. I appreciate his professionalism, in-depth knowledge of migration law, and excellent customer service.
Jessy Wallace
Jessy Wallace
1712802673
Danny was fantastic to deal with and very thorough, thank you Danny and team!
Hungjing Tiong
Hungjing Tiong
1712548340
Danny is very professional and experience . He got the experience of very rarely encounter cases which other immigration consultants do not have .Thanks for Danny help . Highly recommended.Danny 非常专业和经验。他有许多罕见特殊情况的的案例经验, 是我质询好几家中介公司无法给予的解答。谢谢Danny . 非常推荐。
John Anderson
John Anderson
1711595086
Thank you Danny for your very professional service in the successful granting of my Vietnamese wife Phuong's Temporary Partner Visa 820. It has taken 10 months of hard work by myself & Phuong together with your detailed checklists & advice to guide us in what we had to do to prepare all the documents. And that was with two additional detailed submissions requested by DHA after our initial application in Aug 2023. It is a far more rigorous and exhausting process than I envisaged before the start and I was pleased to have your assurances later that we had done an impeccable job & we just needed to be patient (despite having to delay our booked flights to Vietnam for Tet). But we seemed to trigger an approval after sending an attractive Australia Flag t-shirt loyalty photo of Phuong! Your knowledge of Aust Migration Law & the visa process is very thorough as evidenced on your website, and your up-front, one-only professional service fee was very fair & reasonable for the stage 1 820 Visa that was granted after 8 months. We are pleased to give you a 5 Star review at this time to follow up our initial similar review. We look forward to continuing our excellent working relationship when we are eligible to start the stage 2 801 Permanent Visa process after another 16 months to further prove our loving & genuine relationship that will be a 3 year marriage then.
Harry Singh
Harry Singh
1711446653
Danny and team have always been prompt and precise with their responses to the type of inquiries I have put forth so far - very supportive and informative.I highly recommend this business.
Darren Grimshaw
Darren Grimshaw
1711154612
Danny and his team were extremely professional. They were always on hand to answer any of my questions and where extremely knowledgeable about migration Law. I would 100% recommend them to anyone who is looking for help to get they're visa.
Amar Abdella Oumar
Amar Abdella Oumar
1710981194
Danny was incredibly helpful when I seek advice about my partner visa application process. He diligently followed up and maintained communication via email and phone. I highly recommend Danny to anyone seeking assistance with their immigration journey.
Joseph Franco
Joseph Franco
1710833362
I'm Very happy for them there Very profesional and helpful
Akash Agrahari
Akash Agrahari
1710461726
Danny is really professional and gives the best advice, If you are looking for someone who will take care of your immigration needs and be available to answer your calls promptly, look no further than Gold Medal Visa.
Neville Hazell
Neville Hazell
1709454699
I've had an initial consultation with Danny. I was very pleased that this was in person - this is the best way to establish a rapport. Throughout the interview he was very professional, he paid careful attention to my preparation and was very clear with his guidance. He specified the next steps and critical path, showing his knowledge and experience. I was fully satisfied with this consultation.
Krisha Patel
Krisha Patel
1707562482
Was really really helpfulDid clear all my queriesMet Danny and he did clear everything in my head was really a calm and composed meeting and felt that I had options to select and no pressure from agenciesHighly recommended if you have to consult for any visa application this one should definitely be your top list
Usman Ali
Usman Ali
1707378258
Danny is easily one of the best consultants I’ve ever talked to. Willingly answered every question me and my wife had. Exposed us to a lot of different opportunities and helped clear our mind. Cheers mate and we’ll see you soon!
Pawani Liyanage
Pawani Liyanage
1707293917
Danny is definitely the right person to help you with your journey here in Australia. He is quick to respond and with his positive attitude he always make sure you understand everything before proceeding any further steps. Also the company fees are extremely reasonable. I am highly recommended.
Sander Savrimuthu
Sander Savrimuthu
1706859241
Danny is a legend, he knows his jobs very well. Highly recommended.
Sarona Faamate
Sarona Faamate
1706587366
We have spent 1 hour of consulting with Mr Danny and I should say we have satisfied with the service provided and we received a lot of answers we have been looking for & new knowledge particularly on PR. The time frame was absolute professional and the way he shared his professions regarding our situation was satisfying. I absolute recommend Danny and his rare service. Thank you so much Danny for helping us understand clearly to sort of visas we really need to look into. Looking forward to hear from you along the way😊 God bless!
Gabe Olver
Gabe Olver
1704703421
Danny was great! We explained our situation and he took everything on board and provided in depth detail about each Visa and provided us with a game plan that made it very easy for us to follow. Highly recommend!
Isabella Ingrassia
Isabella Ingrassia
1703229625
Danny was really helpful in explaining the step by step process of applying to the partner visa. He answered all of our questions and made the process very clear.
Abdo Jouda
Abdo Jouda
1701736237
Great consultation session with Danny, very clear and aware of the laws and requirements.Prepared and ready to answer any question.
Rosalie PEREZ
Rosalie PEREZ
1701670674
I highly recommend goldmedal visa for all our immigrations assistance and concerns..Danny is very approachable and very patient .He managed to answer all my questions and i was enlightened.
Saboor Abdul
Saboor Abdul
1700459832
Have a really great experience with them. They are super professional. Thanks Gold Medal Visa
Benjaporn Theepapan
Benjaporn Theepapan
1700456538
Good service mind and professional when having a consult
Shalni Devi
Shalni Devi
1698713833
Appreciate the consulting done by Gold Medal Visa. Points explained were clear and easy to understand. Great knowledge of other supporting visa and very professional in conducting consultation. Grantee to utilize the services provided.
Maker Gurech
Maker Gurech
1698625568
Today consultation with Gold Medal Visa was so brilliant and fruitful. Danny was so professional and I would recommend his Gold Medal Visa services to people wanting to reunite with their partners and families in Australia. Congratulations Danny for good immigration services you are providing to people all over in Australia.
niya fang
niya fang
1698366015
Danny has a very professional working attitude and is always active in answering any questions. His work efficiency is extremely commendable. We have a lot of trust in this team.
Sandeep kaur
Sandeep kaur
1697512185
I am really grateful for the help and support I received from Gold Medal Visa team. I would recommend to everyone those are looking for a immigration consultant please contact them. I do appreciate how Danny helped me on weekend and lodged my visa within 4 days usually it takes couple of weeks or more to get all the paperwork done. The assurance and commitment to their clients is genuine and true. Thanks again.
Sara Gomes
Sara Gomes
1697157903
Danny was very helpful and clarified all my questions regarding the skilled visa. I felt more confident and less overwhelmed with the process.
Kingsley felix
Kingsley felix
1697057629
Danny is great guy who’s good at what he does, he has lot of patience when dealing with Clients, I recommend him.
Chaturika Jayasinghe
Chaturika Jayasinghe
1696829440
Thank you so much Danny for your awesome visa consultation.
Shivankar Reddy
Shivankar Reddy
1696556803
Highly recommend to everyone
Arun Parvathyraj
Arun Parvathyraj
1694407330
Great consultation
Jordan Dawson
Jordan Dawson
1694167287
Danny at Gold Medal Visa’s was very helpful. His professionalism made the application process very straight forward. Definitely recommend.
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