Subclass 188 Visa (Significant Investor Stream)
Business Plan Writers (BPW Group) are highly skilled consultants that develop business plans for Subclass 188 migration visas in Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast and Cairns.
There are a number of migration visas that potential investors can apply for when looking to invest in the Australian economy. Each visa has its own set of requirements that can allow a possible transition to Permanent Residency (PR) through a SC888 visa. Below is a summary of Subclass 188 Visa (Significant Investor Stream):
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 or Austrade
- If nominated by a state or territory government, you must have a genuine intention to reside in the nominating state or territory
- After lodging your visa application, you must make a complying significant investment of at least AUD$5million as follows:
at least AUD$1million in venture capital and growth private equity funds which invest in start-ups and small private companies
at least AUD$1.5million 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$2.5million 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
- You must have a genuine intention to hold the complying investment for the duration of your visa
- You or your partner must not have had any involvement in unacceptable business or investment activities
- 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: $8,925
Additional applicant over 18: $4,465
Additional applicant under 18: $2,235
- 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 business plans for all industries including working with migration visas. Our business plans are designed from years of migration visa knowledge that allows the implementation of tailored and successful business plans.
Contact Us today in Brisbane, Melbourne, Gold Coast, Sunshine Coast, Sydney, and Cairns and speak to one of our highly skilled consultants to understand the right visa pathway to take.
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