Significant Investor Stream (Subclass 188C)
This visa is for people who invest AUD5 million in Australian investments that meet certain requirements and maintain business and investment activity in Australia.
188C Main Advantages
- No English Level requirements;
- No age limit;
- No score requirement;
- Fast approval speed;
- Residing requirements lose, you can apply for two extensions;
- Able to carry along family members who meet requirements with the application of residence and corresponding permanent resident visa;
- Visa holder is free to travel to and from Australia;
- During the period of holding the visa, children of the applicant are able to attend Australian public primary or secondary school for free.
188C Basic Eligibility
- Need to be invited to apply through EOI;
- nominated by an eligible government organisation;
- Have sufficient corporate and personal assets
- Previous success in investment history or business.
- Invest at least $5,000,000
188C Significant Investor Stream Details:
Stay period | Up to 4 years and 3 months | |
What you can do with this visa |
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Requirements | Must:
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Cost |
Main Applicant:
Sub Applicant:
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Conditions |
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Processing times | Unavailable due to low volume of applications. |
(Note: above fees are subject to the final fee charged by the Australian Immigration Department.)
188C Visa Application Process
1. Apply for EOI;
2. Apply for and gain state government guarantee;
3. Gain EOI invitation;
4. Complete asset audit;
5. Submit application materials;
6. Gain an interview or an interview-free notice and supply additional materials
7. Medical examination and payment of required fees;
8. Gain Visa.
Significant Investor Stream (Subclass 888C)
This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream stay indefinitely. It lets you continue your investment activities in Australia.
888C Significant Investor Stream Details
Stay period | Permanent | |||
What you can do with this visa |
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Requirements |
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Cost | Main Applicant:
Sub Applicant:
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Conditions | Not marry before first entry. | |||
Processing times | Unavailable due to low volume of applications. |
(Note: above fees are subject to the final fee charged by the Australian Immigration Department)
888C Visa Application Process
1. Apply for and gain state government guarantee;
2. Apply visa application;
3. Gain Permanent Resident Visa approval.