188D Premium Investor (PIV) Stream
Only applicants who have been nominated by Aus trade are eligible for this visa.
This is a four-year temporary visa for persons who intend to invest at least AUD 15 million in Australia’s complying investments. The candidate can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa after making a one-year investment in Australia.
To apply for this visa, the applicants can be in Australia or abroad.
If the applicant is currently residing in Australia, they must have a Substantive Visa or a Bridging A, B, or C visa.
Prior to receiving the visa, applicants must invest at least AUD 15 million in a “premium investment.” For the purposes of the Premium Investor Visa, a “premium investment” is defined as:
-There are no residency requirements.
– A 12-month fast-track to permanent residency is available.
Update: COVID-19 Concessions for Business visas (SC188 and SC888)
Other 188 Visa eligibility streams:
A. Business Innovation – for entrepreneurs looking to start a business in Australia.
B. Investor – for those willing to put down $1.5 million in Australian State or Territory bonds.
C. Significant Investor – for individuals ready to invest $5 million in complying with Australian investments.
D. Premium Investor — for high-net-worth individuals who are willing to invest at least $15 million in premium Australian investments.
E. Entrepreneur – for those who have received a funding arrangement from a third party for at least AUD200 000 to carry out a complying entrepreneur activity.
It’s important to remember that business migration is complicated, and evaluating whether or not you’ll qualify can be challenging. Additionally, you may be eligible for a variety of company migration categories.