188C SIGNIFICANT INVESTOR STREAM
This provisional visa is for people who invest at least AUD 5 million in Australian investments that meet certain requirements and maintain investment activity in Australia. 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 applicant or partner has at least AUD500,000 net asset.
The applicant must make an investment of at least AUD 5 million in a “complying investment”. A “complying investment” for the purposes of the Significant Investor Visa must be made up of:
1. At least $500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies
2. At least $1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.
3. A ‘balancing investment’ of up to $3 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
You and your partner must have had no history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia.
No points test.
No age limit.
No qualifications requirement.
Minimal English language ability.
Dependent Visas for eligible family members and further permanent Visas.
The Applicant can invest in a combination of investments, based on preference, interest rate, and high yield.
The Applicant can switch from one Investment to another complying investment during the Provisional visa.