188B/888B Investor Stream

Investor Stream (Subclass 188B)

This temporary visa requires you to invest AUD1.5 million in an Australian state or territory and maintain business and investment activity in Australia.

 

188B Main Advantages

  • No English Level requirements;
  • Does not require the applicant to own a business;
  • No pressure for entrepreneurship and business operations after arriving in Australia;
  • Able to invest in government designated bonds, high security;
  • 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.

188B Basic Eligibility 

  • Need to be invited to apply through EOI;
  • nominated by an eligible government organisation;
  • Under age of 55 years old (unless gained state government exception);
  • Previous success in investment history or business.

188B Business Investment Stream Details:

Stay period  Up to 4 years and 3 months
What you can do with this visa 
  • Carry out business and investment activity in Australia;
  • Stay in Australia for up to 4 years and 3 months;
  • Apply for a permanent Business Innovation and Investment (Permanent) visa (subclass 888) Investor stream.
Requirements Must:

  • Make an investment of AUD1.5 million in an Australian state or territory;
  • Score at least 65 on the points test;
  • Have net business, investment and personal assets of at least AUD2.25 million.
Cost 

    Main Applicant:

  • From $4,985 AUD.

    Sub Applicant:

  • over 18 years of age: AU $2,495.00;
  • under 18 years of age: AU $1,245.00.
Conditions  Not marry before first entry.
Processing times 
  • 75% of applications: 19 months;
  • 90% of applications 21 months.

(Note: above fees are subject to the final fee charged by the Australian Immigration Department)

188B 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.

 

Investor Stream (Subclass 888B)

This visa lets holders of business innovation and investment (Provisional) Visa (subclass 188) to continue business activities in Australia indefinitely.

 

888B Investor Stream Details

Stay period  Permanent
What you can do with this visa 
  • Continue your investment activities started under your Business innovation and investment (provisional) visa;
  • Stay in Australia permanently;
  • Work and study in Australia .
Requirements
  • Must hold business innovation and investment (provisional) visa in the investor stream;
  • Meet certain investment requirements related to your provisional visa;
  • Have a current nomination from an Australian state or territory.
Cost      Main Applicant:

  • From $2,405 AUD.

Sub Applicant:

  • over 18 years of age: AU $1,205.00;
  • under 18 years of age: AU $600.
Conditions  No conditions attached.
Processing times  Unavailable due to low volume of applications.

(Note: above fees are subject to the final fee charged by the Australian Immigration Department.)

888B Visa Application Process

1. Apply for and gain state government guarantee;
2. Apply visa application;
3. Gain Permanent Resident Visa approval.