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Australia Subclass 188B
Investor
Australia Subclass 188B
Investor
Business Innovation and Investment (provisional) visa (subclass 188) Investor Stream targets successful investors with investment experience in real estate, stock, funds and other fields. It requires applicants to invest at least AUD 1.5 million in an Australian State or Territory and maintain business or investment activity in Australia. After fulfilling certain requirements, holders of this visa can apply for Australian permanent residence through Business Innovation and Investment (permanent) visa (subclass 888) Investor Stream.
Time to residency
2.5-3years
Residency requirement
At least 2 years in the state where the applicant is nominated
Visa-free travel
185 countries and regions
Taxation
No inheritance tax
Passport rank
7th in the world
Established time
Program launched in 1981
Application Requirements
To obtain a 188B temporary visa, you need to fulfill following requirements:
1. The main applicant should be under the age of 55, accompanying children should be unmarried full-time students under the age of 20.
2. In the past two fiscal years, the family net worth should be at least AUD 2.75 million.
3.At least 3 years of successful investment experience, and one year in the past 5 years with more than 10% of the shares in the business or an investment market value of AUD 2.5 million.
4. Profits more than AUD 1 million through the above-mentioned business or investment;
5. Invest AUD 2.5 million in designated investment (private equity fund/ equity fund/ other corporate debt fund).
6. A minimum score of 65 in EOI.
Program Benefits
A mature immigration route for over 40 years, clear path towards permanent residence and citizenship.
5-year visa guarantee flexibility for household arrangement after successful application.
Children can enjoy free public education of Australia.
