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Business & Talent Visas

Australia's business migration program changed in 2024. The Business Innovation and Investment program closed to new applicants, and the National Innovation visa now targets exceptional talent, including entrepreneurs and investors.

Subclass 858Subclass 888

Who this is for

  • Exceptionally talented professionals, researchers, entrepreneurs and investors
  • Existing Business Innovation and Investment (188) visa holders moving to permanent residence
  • Business owners exploring employer-sponsored options

Visa options

Subclass 858

National Innovation visa

Permanent visa for people with an internationally recognised record of exceptional achievement. By invitation after an Expression of Interest.

Subclass 888

Business Innovation and Investment (Permanent)

For existing 188 holders who meet the requirements of their stream.

Key requirements

  • Evidence of exceptional and internationally recognised achievement (858)
  • Ability to make an asset to Australia in your field
  • Business or investment requirements for existing 188 holders moving to 888

Good to know: The Business Innovation and Investment (188) visa is closed to new applicants. Speak to us about the best current option for your profile.

How we can help

  • Assess your profile against the National Innovation visa
  • Prepare a strong Expression of Interest
  • Help existing 188 holders meet 888 requirements

General information only, last reviewed October 2026. Requirements change often. Check the official Home Affairs pages or contact us for advice about your situation.

Talk to a registered migration agent

Tell us about your situation and we will explain your options clearly.

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