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Australia Subclass 188C
Significant Investor
Australia Subclass 188C
Significant Investor
Applicants for Business Innovation and Investment (Provisional) visa (subclass 188) Significant Investor Stream are only required to invest at least AUD 5 million in Australian investments that meet certain requirements to get a 5-year visa. Holders of this visa can apply for Australian permanent residence through Business Innovation and Investment (Permanent) Visa (subclass 888) Significant Investor Stream.
The program targets high-net-worth individuals. Apart from the investment requirement, other requirements are all easy to meet. There are no requirements of business start-up or work experience. What’s more, successful applicants only need to fulfill the easily-met residency requirement to obtain Australian permanent residence in the future.
Time to residency
12-16 months
Residency requirement
40 days (principal applicant)/180 days (spouse)
Visa-free travel
185 countries and regions
Taxation
No inheritance tax
Passport rank
7th in the world
Established time
Program launched in 2012
Application Requirements
To obtain a 188C temporary visa, you need to fulfill following requirements:
1. The net assets under the couple's name and that of the family should be no less than AUD 5 million.
2. Investing AUD 5 million in designated Australian investments (private equity fund/ equity fund/ corporate credit fund), and the capital should be transferred from the reported family net assets.
3. Accompanying children shall be aged under 20 (children aged over 18 shall be unmarried and provide proof of full-time attendance).
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.
