The Permanent Residency Visa 888C in Australia is for investors who already hold a Visa 188C (Significant Investor Visa) and wish to continue their investment or business activities in Australia. The investor's spouse and children will also be granted visas along with the primary applicant.
After obtaining Visa 888C, investors can apply for Australian citizenship once they meet all the necessary requirements.
The applicant and their family must not engage in illegal business activities and must fully comply with Australian laws.
The investor must intend to continue their investment and business activities in Australia.
The investor must reside in Australia for at least 40 days per year while the 188C visa is valid. For the spouse, the requirement is at least 180 days per year.
To maintain the 188C temporary visa, the applicant must maintain a minimum investment of 5,000,000 AUD (approximately 85 billion VND) over a period of 5 years, with specific conditions as follows:
Specific processing times for the 888C visa: Approximately 75% of visas are granted within 37 months, and about 90% of visas are granted within 38 months.
To apply for the 888C visa, you need to prepare the following documents:
Personal Documents:
Proof of Nomination:
Proof of Investment:
Proof of Compliance:
Documents/Procedures for Accompanying Family Members (if applicable):
(This applies if the accompanying family members aged 18 and over do not meet the IELTS requirement of 4.5. The applicant has not paid this fee during the temporary 188C visa application)
With extensive experience in investment immigration and global golden visa programs, Second Citizenship is proud to be a trusted partner helping clients successfully obtain the Subclass 888C Significant Investor Visa, Australia’s premier permanent residency pathway for high-value investors..
The 888C visa is not only a financial investment but also an investment in your future, offering access to one of the most stable economies in the world, a high-quality living environment, and comprehensive opportunities for personal and business growth.
At Second Citizenship, we understand that every investment case is unique. Our professional team — including Australian immigration lawyers, financial advisors, and citizenship consultants — provides comprehensive support and personalized guidance throughout the entire process until you achieve your desired outcome.
If you currently hold a Subclass 188C visa and are ready to transition to permanent residency, or are planning to invest under the 188C or 888C visa streams, contact Second Citizenship today for a free consultation and tailored investment strategy.
To qualify for the 888C visa, you must currently hold a Subclass 188 visa under the Significant Investor stream, have maintained a complying significant investment of at least AUD 5 million during your provisional visa period (typically four years), and meet all additional criteria, such as having no outstanding debts to the Australian Government. In most cases, you must also be nominated by an Australian state or territory government.
The primary applicant must have lived in Australia for at least 40 days per year during the four years of holding the 188C visa, a total of 160 days. If the main applicant cannot meet this requirement, their spouse can substitute by residing in Australia for at least 180 days per year over the same period.
According to estimates from the Australian Department of Home Affairs, the processing time for the Significant Investor stream is approximately 26–27 months for 75% of applications, depending on the complexity of the case and the volume of applications received. You can check the latest processing times using the official visa processing time tool on the Department’s website.
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