Processing times for 888 Business Innovation and Investment (Permanent Visa).
The Australian immigration website states “There are no standard processing times available for this stream“. However, an FoI report shows that the average processing time in 2018-19 was 263 calendar days (almost 10 months).
The released times for the 888 Business Innovation and Investment (Permanent) visa, in both 2017/18 and 2018/19, are:
2018-19 subclass 888 (BII) processing time.
The average processing time was 263 days.
75% were finalised in under 300 days.
564 of these visas were decided in 2018/19.
2017-18 subclass 888 (BII) processing time.
The average processing time was 218 days.
75% were finalised in under 274 days.
289 of these visas were decided in 2017/18.
Source: FoI: FA 19/06/00889
There are 5 Streams in the subclass 888 Business Innovation & Investment visa.
These are:
Business Innovation
Investor
Premium Investor
Significant Investor
Entrepreneur
Each stream has the processing time quoted as: “Unavailable due to low volume of applications“.
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