Existing holders and pending cases · Official sources checked 16 October 2026. Professional approval for publication pending.
Who this may suit
Existing subclass 188 holders and people with pending legacy business-visa applications.
Key considerations
- The Business Innovation and Investment Program closed to new applications on 31 July 2024. Do not treat old eligibility pages as a route for a new 188 application.
- Eligible existing 188 holders may still have a subclass 888 pathway. The relevant stream, grant date and requirements need individual review.
- Pending applications, extension options and withdrawal or refund questions should be assessed separately before a decision is made.
How we can help
We review your grant history, business or investment records and next deadlines, then help clarify the evidence and options relevant to your existing pathway.
Questions to consider
Does the closure cancel my existing visa?
The closure of new applications does not itself mean an existing visa is cancelled. Check your own grant and conditions.
Can I still pursue subclass 888?
Eligible existing holders may do so if they meet the relevant stream’s requirements.
Your next step
Discuss your circumstances with Ausdirect before making an application or committing to a pathway.
Reference informationHome Affairs: Business Innovation stream Home Affairs: BIIP closure context