Subclass 188 Visa (Investor Stream)
BPW Group (Business Plan Writers) are expert advisors in migration visa business plans for Subclass 188 (Investor Stream) visas in Melbourne, Brisbane, Sydney, Gold Coast, Sunshine Coast and Cairns.
The Australian economy is open for business, but you need a special visa. Potential investors can apply for numinous types of visas when looking to invest in our country and achieve permanent residency through the SC888 visa. Below is an outline of the application process:
Visa type
Business Innovation and Investment (Provisional)
What it lets you do
- Stay in Australia for up to 4 years and 3 months
- Carry out business and investment activity in Australia
Minimum requirements
- You must be nominated by an Australian state or territory government
- You must be under 55 years old unless the requirement is waived by the state or territory government (if your investment will be of exceptional economic benefit)
- For at least 1 of the 5 financial years before you were invited to apply, you must have directly managed:
A qualifying business in which you and/or your partner had at least 10% ownership interest; or
An eligible investment of at least AUD$2.5million owned by you or your partner
- For the 2 financial years immediately before you were invited to apply, you and/or your partner must have business and personal assets with a net value of at least AUD$2.5million which:
Have been lawfully acquired;
Are available for transfer to Australia within 2 years of visa grant
- After lodging your visa application, you must make a complying significant investment of at least AUD$2.5million (with funds that were accumulated from your and/or your partner’s qualifying businesses or eligible investments) in the following:
at least AUD$500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies
at least AUD$750,000 in approved managed funds (the managed funds must invest in emerging companies listed on the Australian Stock Exchange)
a ‘balancing investment’ of at least AUD$1.25million in managed funds
Note: The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate. Direct investment in residential real estate is prohibited. Indirect investment in residential property through managed funds is strictly limited.
- You must not use investments as security or collateral for a loan
- Liability limited by a scheme approved under Professional Standards Legislation
- You must continue to hold the complying significant investment for the duration of your visa
- You must have at least 3 years’ experience managing qualifying businesses or eligible investments
- You must have a successful record of eligible investment or qualifying business activity
- You must have demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity
- You must score at least 65 points on the points test
- You or your partner must not have had any involvement in unacceptable business or investment activities
- You must have a genuine intention to live in the nominating state or territory for at least 2 years
- You must have a realistic commitment to continue to maintain business or investments activity in Australia after the complying significant investment matures
- All applicants over 18 must have at least functional English (otherwise a second instalment is payable):
IELTS of at least 4.5 for each component
PTE of at least 30 for each component
- You and your family must meet health and character requirements
- You must not have an adverse immigration history
Steps
- Lodge an EOI with the state or territory government
- Lodge the visa application after you receive an invitation to apply from the state or territory government
Costs (as at 03/2022)
Our professional fees: TBA
Outlays:
- Visa application: $6,085
Additional applicant over 18: $3,045
Additional applicant under 18: $1,520
- Second instalment:
Primary applicant: $9,795
Secondary applicants: $4,890
- State or territory government may charge a fee to consider your EOI
- Medical examinations, police checks, translation costs, etc
*Please note the above fees are estimates only and may be subject to change
The Business Plan Writers team have expanded their knowledge of business plans over the past decade by executing strategic, tailored, and successful documents for all industries including working with migration visas. Our professional service ensures that we provide you a plan which is designed around your specific needs as well has being achievable in its implementation phase.
Get in touch with one of our consultants and Contact Us via one of our locations around Australia including Cairns, Brisbane, Gold Coast, Melbourne, Sunshine Coast and Sydney.
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