188B Investor Stream Visa – Business Innovation and Investment (Provisional)

The Subclass 188B Investor Stream Visa offers high-net-worth individuals an opportunity to invest in Australia’s economy while enjoying the country’s renowned quality of life. Part of the Business Innovation and Investment Program, this visa is designed for investors with a proven track record in managing successful investments or businesses. It provides a pathway to permanent residency through the Subclass 888 Visa, subject to meeting residency and investment requirements.

Key Features of the 188B Investor Stream Visa

• Minimum Investment Requirement:
  • Applicants must make a designated investment of AUD 2.5 million into compliant investments in an Australian state or territory.
  • These investments contribute to Australia’s economic priorities, supporting businesses, innovation, and development.
• Investment Options:
  • Government bonds
  • Managed funds focusing on emerging companies, infrastructure, and innovation
  • Other eligible investments specified by the state or territory government
• Net Asset Requirement: Applicants must have net business and personal assets of AUD 2.5 million, lawfully acquired, and available for transfer to Australia.
• Proven Investment and Business Expertise: Applicants should demonstrate at least three years of experience in managing investments or businesses, with evidence of a successful track record.
• Provisional Visa: Valid for five years, allowing applicants to live, work, and study in Australia while maintaining their investments. Transition to Subclass 888 Permanent Visa is possible after meeting requirements.

Eligibility Criteria for Subclass 188B

• Age: Be under 55 years of age (unless a state or territory provides a waiver).
• Nomination: Be nominated by a state or territory government agency.
• Business/Investment Experience: Demonstrate at least three years of experience in managing investments or businesses.
• Investment Track Record:
  • Show a history of direct involvement in investments or business operations.
  • Achieve at least 65 points on the Business Innovation and Investment Points Test.
• Designated Investment: Commit to investing AUD 2.5 million into complying Australian investments.
• Net Assets: Have legally acquired net assets of at least AUD 2.5 million.
• English Proficiency: Demonstrate functional English (or pay an additional fee if this requirement is not met).
• Health and Character: Meet Australian health and character requirements.
• Residency: Spend at least two years in Australia during the five-year visa validity period to qualify for permanent residency.

Benefits of the Subclass 188B Visa

• Temporary Residency: Live in Australia for five years.
• Pathway to Permanent Residency: Transition to the Subclass 888 Visa after fulfilling investment and residency requirements.
• Family Inclusion:
  • Include your spouse/partner and dependent children in your application.
  • Family members enjoy the same rights as the primary applicant.
• Travel Freedom: Travel in and out of Australia without restrictions during the visa validity.
• Work and Study: Freedom to work and study in Australia while managing investments.
• Access to Public Services: Enroll in Australia’s public healthcare system, Medicare.

Steps to Apply for the 188B Investor Stream Visa

1. Expression of Interest (EOI): Submit an EOI through the SkillSelect system and be nominated by a state or territory government.
2. Prepare Supporting Documents:
   • Proof of net assets, investment history, and business management.
   • Identity documents, including passports and birth certificates.
   • Health and character certificates.
   • Documentation supporting the proposed investment.
3. Lodge Your Application: Apply online through ImmiAccount, pay the visa application fee, and submit all required documents.
4. Investment Placement: Upon approval, transfer the designated investment amount into complying Australian investments.
5. Await Decision: Track your application status through ImmiAccount.

Processing Time

Why Choose Global Vision Migration?

At Global Vision Migration, we provide expert guidance and end-to-end support for your 188B Investor Stream Visa application. Our services include:

• Detailed Consultation: Tailored advice based on your financial and investment portfolio.
• Document Preparation: Assistance with compiling and submitting necessary documentation.
• Liaison with Authorities: Coordination with state or territory nomination bodies.
• Ongoing Support: Assistance with investment management and transitioning to permanent residency.

Disclaimer: This content is for general guidance only and does not constitute legal advice. For the most accurate and up-to-date information, visit the 188B Investor Stream Visa – Business Innovation and Investment (Provisional).