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The 188B Investment Visa offers a path for experienced investors looking to establish themselves in Australia through a substantial investment in an Australian state or territory. This visa is a 5-year temporary visa aimed at individuals who wish to make a designated investment in Australia, with the ultimate goal of obtaining permanent residency.
To qualify for the 188B Investment Visa, applicants must:
👉 Be nominated by an Australian State or Territory government: Nomination is a critical requirement, and applicants must demonstrate that they meet the criteria established by their chosen state or territory.
👉 Make a designated investment in Australia: Applicants must commit to an investment specified by the government, typically in state or territory bonds.
👉 Reside in Australia for at least two years: Applicants are required to live in the state or territory that nominated them for at least two years during the visa period.
After maintaining their investment in Australia for at least 4 years, holders of the 188B Investment Visa may be eligible to apply for the Business Innovation & Investment (Residence) Subclass 888 Visa. This visa provides a pathway to permanent residency, contingent on meeting specific investment and residency criteria.
Applicants can apply for the 188B Investment Visa while they are:
👉 In Australia: If applying from within Australia, the applicant must hold a Substantive Visa or a Bridging A, B, or C visa.
👉 Outside Australia: Overseas applicants may also lodge their applications, provided they meet all eligibility requirements.
The 188B Investment Visa is a strategic visa for experienced investors who are interested in contributing to Australia’s economy through a substantial, long-term investment. This visa serves as a pathway to permanent residency in Australia for those meeting specific criteria.
To qualify for the 188B Investment Visa, applicants must meet several essential criteria:
Minimum Net Asset Requirement: Applicants must demonstrate business and personal net assets of at least AUD 2.5 million for the last two fiscal years.
Age Requirement: Applicants must be under 55 years of age, unless the nominating Australian state or territory certifies that their investment will make an exceptional economic contribution.
Complying Investment: A designated investment must be made in the nominated state or territory, meeting specific government guidelines.
Business or Investment Management Experience: Applicants must have a minimum of three years of experience managing either a qualifying business or eligible investments, demonstrating a high level of management skill. This experience must also include one of the following:
✔️ Business Management: Managed a business in which they held at least a 10% shareholding for at least one of the last five fiscal years.
✔️ Investment Management: Managed eligible investments totaling at least AUD 1.5 million for at least one of the last five fiscal years.
Eligible Investments: Investments must meet certain criteria, and include:
✔️ Ownership interests in a business
✔️ Cash on deposit
✔️ Stocks or bonds
✔️ Real estate
✔️ Gold or bullion
✔️ Loans to a business
After holding the 188B Investor Visa and meeting specific conditions, applicants can apply for permanent residency through the Subclass 888 Visa. The requirements include:
👉 Residency: Applicants must have lived in Australia on their Subclass 188B Visa for at least two years within the four years before lodging their Subclass 888 application.
👉 Investment Maintenance: Applicants must maintain their investment in Australian state or territory bonds for the entire four-year period preceding the Subclass 888 application.
The 188B Visa provides a streamlined pathway for investors who wish to gain permanent residency in Australia while actively contributing to the local economy. By fulfilling the investment, residency, and management experience criteria, visa holders can eventually secure their place in Australia as permanent residents.
