Australia Business & Investment Migration
Subclass 188b Visa
Investor Stream
For people who are willing to invest $2.5 million into complying investments in Australia.
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Duration and Conditions
This is a 5 year temporary visa. Once you have maintained an investment in Australia for at least 3 years and spend at least 24 months in Australia, you can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa
Visa Criteria
This option requires you to have managed investments or owned a business, and to be willing to invest AUD 2.5 million in complying investment. Specific criteria include:
- You have had business and personal net assets of at least AUD 2.5 million for the last 2 fiscal years
- Under 55 years of age, unless the nominating state or territory certifies that you will make an exceptional economic benefit; and
- Meet the pass mark in the Business Innovation and Investment Points test (currently 65)
- You must make an investment of AUD 2.5 million in complying investment
- You 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 last 5 fiscal years, you have either:
- Managed a business in which you hold a 10% shareholding; or
- Managed “eligible investments” of at least AUD 2.5 million
For grant of the visa, applicants must make an investment of at least AUD 2.5 million in a “complying investment”. A “complying investment” for the purposes of the Investor Visa must be made up of:
- At least $500 thousand in venture capital and growth private equity funds which invest in start-ups and small private companies
- At least $750 thousand in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.
- A ‘balancing investment’ of up to $1.25 million in managed funds that may invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes, annuities and commercial real estate
State/Territory Nomination
This visa is only available to applicants who are nominated by an Australian State or Territory government. To be nominated, you must lodge an Expression of Interest (EOI) through the SkillSelect system.
Eligibility for Permanent Residence
To qualify for a permanent Business Innovation & Investment (Residence) Subclass 888 visa, you would need to meet the following criteria:
- You have been in Australia on your subclass 188B visa for at least 3 years, within the 5 years prior to lodgement
- Maintained your investment in complying investment for the last 3 years.