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Updates:VISA Immigration Pty Ltd was founded under the Australian Corporations Act 2001... Read More

Investor Stream 188B

This option requires you to have managed investments or owned a business, and to be willing to invest AUD 1.5 million in Australian State or Territory Government bonds. Specific criteria include:

·         You have had business and personal net assets 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 you will make an exceptional economic benefit; and

·         Meet the pass mark in the Business innovation and investment point table sch 7D (currently 65)

·         You must make an investment of AUD 1.5 million in Australian State or Territory bonds prior to grant of the visa.

·         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 1.5 million

 

“Eligible investments” for the purposes of the Investor Stream include:

·         Ownership interests in a business

·         Cash on deposit

·         Stocks or bonds

·         Real estate

·         Gold or bullion

·         Loan to a business

·         State/Territory Nomination visa

To qualify for a permanent Business Innovation & Investment (Residence) Subclass 888 visa, you would need to meet the following criteria:

·         Applicant have been in Australia on your subclass 188B visa for at least 2 years, within the 4 years prior to lodgment.

·         Maintained your investment in Australian State or Territory bonds for the last 4 years.

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