This is a perpetual visa that permits you to live in Australia forever the subclass 888 visas have two qualification streams one is the Business Innovation Stream, and the other is the Investor Stream.
Normal Criteria for both Eligibility Streams hold a temporary Business Innovation and Investment visa one ought to meet the prerequisites of that visa remembering the particular necessities for the stream for which you previously applied are named by a state or domain government.
For Business Activity, one ought to have proof of at any rate 2 years consistent qualifying business and pledge to proceed with your business movement in Australia. For possession Interest in a primary business or organizations all through the time of in any event 2 years going before application Proprietorship enthusiasm from another past business abilities, visa candidate or visa holders may not be qualified to apply.
For Annual turnover in every one of the 2 yrs going before the application has kept up the immediate and nonstop contribution in the executives of the business for every day at a senior level, and has settled on choices influencing the general presentation and course of the business.
In any event AUD 300,000 in the year before application. In any event, AUD 200,000 all through the year preceding application was made, and keeps on having that and was legitimately obtained. For more related queries feel free to ask the same