AUSTRALIA

INVESTOR STREAM VISA 188B

advantages

  • Ability to work, live or study in Australia
  • Safe living environment and one of the highest standard of living in the world
  • Ability to bring eligible dependents:
  • Spouse or de facto partner
  • Dependent children under 18
  • Dependent children between 18-23 years old
  • No English requirement
  • High standard education and healthcare system
  • Secure investment through government bonds
  • Pathway to Citizenship
  • Provisional visa > Permanent visa > Citizenship

REQUIREMENTS

  • Investment of at least AUD 1.5 million in an Australian State or Territory for at least 4 years
  • Have business and personal net assets of at least AUD 2.25 million*, owned by the applicant and/or spouse, in the 2 fiscal years preceding the filing date with evidence * AUD 3 million for Sydney
  • Have at least 3 years’ experience managing one or more qualifying businesses or eligible investments
  • Be under 55 years of age (exemption can apply)
  • Score at least 65 on the points test
  • You and all family members included in the application must meet Australian health and character requirements
  • Have a genuine intention to live for at least 2 years out of the 4 in the state or territory in which you have made a designated investment
  • In at least 1 out of the 5 fiscal years prior to submission, the applicant and/or spouse have:
  • managed a qualifying business which the applicant holds at least 10% ownership interest; or
  • managed ‘eligible investments’ of at least AUD 1.5 million

INVESTMENT OPTIONS

  • Make an investment of at least AUD 1.5millionin a State or Territory’s government bonds using unencumbered funds accumulated from a qualifying business or eligible investments

  • The investment must be held for at least 4 years from the date of its issue in the nominating State or Territory
    The investment may be changed, but if withdrawn, the visa will be cancelled.

PROCESS

  • Submit an Expression of Interest (EOI) via “Skill Select” online service in order to be nominated by a State or Territory Government

  • Upon receiving a nomination from a State or Territory government and an invitation to apply, submission of an online visa application within 60 days

  • Upon receiving the approval-in-principal of the visa application, the investor will be advised when to make the complying investment

  • Upon making the complying investment, the temporary visa will be issued
    The visa has a duration of 4 years and 3 months (which can be extended up to 8 years) with a minimum requirement for physical residency in Australia