188 Significant Investor stream (C)

Purpose

This provisional visa requires you to invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.

Stay

Up to 4 years and 3 months.

With this visa, you can…..

  • Carry out investment activity in Australia
  • Bring eligible members of your family with you
  • Apply for a permanent Business Innovation and Investment (Permanent) visa (Subclass 888) Significant investor stream

Most attractive benefits of this visa

  • There is no age or English requirements
  • No point test required
  • You are only required to stay in Australia for 160 days out of 4 years to get the permanent 888 visa
  • You can obtain a two years extension if the 160 days requirement is not met

Main criteria

  • Nominated by an Australian State or Territory
  • Invitation to apply through skillselect
  • make a complying significant investment of at least $5M when we invite you to, and have a genuine intention to hold that investment for 4 years.

To be granted this visa, you must make (on or after the time of application for this visa), a complying significant investment of at least AUD5 million when we invite you to, and have a genuine intention to hold that investment for at least 4 years. It must be invested in the following proportions:

at least AUD500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies

at least AUD1.5 million in approved managed funds. The managed funds must invest in emerging companies listed on the Australian Stock Exchange

a ‘balancing investment’ of at least AUD3 million in managed funds

The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate.

We prohibit direct investment in residential real estate. We strictly limit indirect investment in residential property through managed funds.

You must not use investments as security or collateral for a loan.

  • Proving that you have never involved in any unacceptable business or investment activities.
  • Reside in the state responsible for your nomination
  • You residing in Australia at least 40 days every year, or
  • Your partner residing in Australia at least 180 days every year