Significant Investor stream (Subclass 188C)

Requirements:

  • Investments of AUD 5 million must be made into complying investments for the duration of the visa (up to 5 years)
  • The applicant must prove that the assets or funds used for the complying investment have been lawfully acquired
  • Must meet Australian health and character requirements
  • Physical residence for an average of 40 days/year for primary visa holders or 180 days per/year for secondary visa holders before applying for the permanent visa
  • Have a genuine and realistic commitment to live in the nominating State or Territory and continue business and investment in Australia

Benefits:

  • Ability to work, live or study in Australia
  • Safe living environment and one of the highest standard of living in the world
  • Ability to bring eligible dependents.
    • Spouse or de facto partner
    • Dependent children under 18
    • Dependent children between 18 -23 years old
  • High Standard education and healthcare system.
  • No English requirement
  • Pathway to Citizenship.
    • Provisional > Permanent > Citizenship

Investment Options:

  • Make a complying significant investment in the following proportions and have a genuine intention to hold that investment for the duration of the visa:
    • At least AUD 1 million in venture capital and growth private equity funds which invest in start-ups and small private companies
    • At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange
    • A ‘balancing investment’ of at least AUD 2.5 million in managed funds that may invest in a range of assets
  • If the investment is withdrawn, it must be re-invested into another complying investment within 30 calendar days

Process:

  • Submit an Expression of Interest (EOI) via “Skill Select” online service to be nominated by a State or Territory Government, or Austrade
  • Upon receiving a nomination from a State or Territory government and an invitation to apply, submission of an online visa application within 60 calendar days
  • Upon receiving the approval-in-principal of the visa application, the investor will be advised when to make the complying investment
  • Upon making the complying investment, the temporary visa will be issued
  • The visa has a duration of up to 5 years (and can be extended up to 9 years) with a minimum requirement for physical residency in Australia