188C/888C Significant Investor Stream

Significant Investor Stream (Subclass 188C)

This visa is for people who invest AUD5 million in Australian investments that meet certain requirements and maintain business and investment activity in Australia.

188C Main Advantages

  • No English Level requirements;
  • No age limit;
  • No score requirement;
  • Fast approval speed;
  • Residing requirements lose, you can apply for two extensions;
  • 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.

188C Basic Eligibility 

  • Need to be invited to apply through EOI;
  • nominated by an eligible government organisation;
  • Have sufficient corporate and personal assets
  • Previous success in investment history or business.
  • Invest at least $5,000,000

188C Significant Investor 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) Significant Investor stream.
Requirements    Must:

  • Make an investment of AUD5 million that meets our requirements and maintain it for 4 years;
  • Genuinely commit to living in the state or territory that nominates you.
Cost 

   Main Applicant:

  • From $7,310 AUD.

   Sub Applicant:

  • over 18 years of age: AU $3,655.00;
  • under 18 years of age: AU $1,830.00.
Conditions 
  • Not marry before first entry;
  • Maintain investment.
Processing times  Unavailable due to low volume of applications.

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

188C 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.

 

Significant Investor Stream (Subclass 888C)

This visa lets holders of the Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream stay indefinitely. It lets you continue your investment activities in Australia.

 

888C Significant Investor Stream Details

Stay period  Permanent
What you can do with this visa 
  • Continue to conduct business and investment activity in Australia;
  • Stay in Australia permanently;
  • Work and study in Australia.
Requirements
  • Must hold a Business Innovation and Investment (Provisional) (subclass 188) visa in the Significant Investor stream or Significant Investor extension stream;
  • Have held your investment (made in connection with your provisional visa) for 4 years;
  • Have a current nomination from Austrade.
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  Not marry before first entry.
Processing times  Unavailable due to low volume of applications.

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

888C Visa Application Process

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