The Australian 188B Investor Visa
The Australian 188B Investor Visa is an investment immigration program introduced by the Australian government in 1981. It was formerly known as the 165 visa and has a history of 40 years. Among Commonwealth countries, the Australian 188B Investor Visa is known for its policy continuity and stability. The 188B Investor Visa is designed for individuals with investment experience in areas such as real estate, stocks, and funds. By meeting the application requirements and investing AUD 2.5 million in compliant investments, while also fulfilling simple residency conditions, applicants can become eligible to apply for permanent residency and obtain an Australian Green Card after 3 years
The eligibility criteria for the Australian 188B Investor Visa
1. The primary applicant must be below 55 years of age
2. The family's net assets must be at least AUD 2.75 million for the past two financial years
3. The applicant should have at least three years of successful investment experience and either
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Possess a minimum of 10% ownership in a business for at least one year in the past five years, or
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Have a net investment value of at least AUD 2.5 million for the past five years
4. The applicant should have a track record of earning more than AUD 1 million through business or investment activities
5. The Business Innovation and Investment Points Test score should be at least 65 points based on the Expression of Interest (EOI) submitted
6. Invest AUD 2.5 million into compliant investments, such as private equity funds, venture capital funds, or other approved managed funds
The conditions for transitioning from the Australian 188B Investor Visa to permanent residency (subclass 888 visa)
1. Hold the 188B visa for a minimum of 3 years
2. Maintain the compliant investment of AUD 2.5 million throughout the duration of the 188B visa
3. The primary applicant or their spouse must have resided in the nominating state for a cumulative period of at least 2 years before submitting the permanent residency application
4. Compliance Investment Requirements
(1) 20% in Venture Capital (VC) funds (AUD 500,000)
(2) 30% in Small or Mid-Cap Stocks (AUD 750,000)
(3) 50% in Balanced Managed Funds (AUD 1.25 million)
Note: During the 888B stage of the application, the primary and secondary applicants can switch roles. In other words, the secondary applicant from the 188B visa can become the primary applicant for the 888B visa, satisfying the investment and residency requirements to apply for permanent residency.
The immigration process for the Australian 188B Investor Visa
Assessment and Positioning
Evaluate and position the immigration plan based on the applicant's information
Document Preparation
Prepare the necessary documents, including auditing, translation, property evaluation, notarization, etc., upon receiving state nomination
Interview or Non-Interview
After submitting the required documents, receive notification regarding whether an interview is required or not
Pre-Approval Letter
Upon passing the health examination and obtaining a clean criminal record, receive a notification to pay for English language training
State Nomination Submission
Provide the prepared documents and initial assessment plan to the lawyer for state nomination application
Submission to Immigration Department
Submit the application to the immigration department
Health Examination and Police Clearance
Complete the required health examination and provide a police clearance certificate as requested
Formal Approval Letter
After paying the English language training fee, receive the formal approval letter within approximately one week
Invitation Letter
Receive an invitation letter from the immigration department
Supplementary Document Request
Upon receiving a request for additional documents, update and supplement the materials according to the immigration officer's requirements
Investment Confirmation
Receive a letter confirming the investment and complete the investment of AUD 2.5 million within 70 days
Why choose Globevisa for 188B investment immigration in Australia?
Perfect product line makes you worry-free
It has opened more than 200 projects covering venture capital immigration, skilled immigration, passports, visa services, overseas education and overseas real estate, company registration, bank account opening, pension reunion and childbirth, identity renewal, etc., covering more than 40 countries and regions. With a complete vertical product line, tailor-made overseas plans for you.
The project development team makes you feel at ease
Globevisa International Project Development Center is composed of more than 100 people from more than 20 countries around the world, including professional business experts and investment experts. It always adheres to the principle of taking the law as the foundation, taking safety, effectiveness and risk as the principle, and taking project safety as the benchmark to do our best. Efforts are made to ensure the security of customer assets and identity acquisition, so that customers can rest assured.
Online service allows you to communicate without worry
Globevisa provides customers with a VIP member center system, online query of project progress and cost details, which is convenient and fast. Independent research and development of IM customer communication APP, using advanced data encryption technology. Protect customer privacy throughout the process. Exclusive consultant one-on-one service, private conversation, encrypted group chat. Safety first, privacy first.
Good relationship allows you to submit worry-free
In order to enable customers to obtain immigration information in a more timely manner, Globevisa has maintained good relations with governments, embassies, overseas banks, funds, etc. for a long time. Our professionalism and credibility have been praised by many overseas governments. At the same time, government officials also Went to Global China many times to have one-on-one in-depth exchanges with our customers.