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Business Investment Visa (sub class 188b)
188B visa is only available to applicants who are nominated by an Australian State or Territory government. This is a 4-year temporary visa, for people who want to make a designated investment in an Australian state or territory. After maintained an investment in Australian for 4 years, the applicant can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa. The applicants can either be in Australia or overseas to lodge this visa.
Point CalculatorRequirements:
- The applicant has had business and personal net assests of at least AUD 2.25 million for the last 2 fiscal years
- The applicant has had business and personal net assests of at least AUD 2.25
million for the last 2 fiscal years
- Under 55 years of age, unless the nominating state or territory certifies that the applicant will make an exceptional economic benefit; and
- The applicant must make an investment of AUD 1.5 million in Australian State or Territory bonds prior to grant of the visa
- Have 3 years of experience either managing a qualifying business or “eligible investments”, and have showed a high level of management skill
- For at least 1 of the 5 fiscal years, you have either:
- Managed a business in which you hold a 10% shareholding; or
- Manage “eligible investments” of at least AUD 1.5 million
Eligible Investments Include:
- Ownership interests in a business
- Cash on deposit
- Stocks or bonds
- Real estate
- Gold or bullion
- Loan to a business
Important Notice
Embassy/Consulate reserves the right to ask for additional documents or personal appearance for an interview in special cases. Submission of the above-mentioned documents does not guarantee that a visa is granted, so It's recommended to get the professional visa consultation. Submission of incomplete documentation or refusal to appear for a special visa interview may result in the rejection of your visa application.
Although the information on this website has been prepared with utmost care. However, regulations and requirements are subject to change.