The 887 visa is a permanent visa (indefinite stay) for people who have lived and worked in specified areas of regional Australia.
It is a pathway to Permanent residency (PR) for people who hold a subclass 489, 495, 496, 475 or 487, or a Bridging visa A or B after applying for a subclass 489, 495 or 487 visa
have lived in a specified regional area of Australia for at least two years
have worked full time in a specified regional area for at least one year
Cost:From AUD 415
75% of applications: 24 months
90% of applications: 28 months