Investor Stream – Subclass 188 (Provisional)

Who Is Eligible For This Visa?

• Be nominated by a state or territory government before being invited to apply for this visa;
• Age must be under 55 or the nominating jurisdiction must provide their support to waive the age requirement;
• Meet the points test pass mark, set as 65;
• Have at least 3 years’ experience of direct involvement in managing a qualifying business or eligible investment and have an overall successful record.
• Make a designated investment at least AUD1,500,000 in to a state or territory government bond and hold it for 4 years in order to be eligible for permanent visa (subclass 888).
• For at least one of the 5 fiscal years immediately before the application is made: – you have maintained direct involvement in either managing a qualifying business in which you (or you and your spouse or de facto partner together) had an ownership interest; or
  – you have maintained direct involvement in managing your (or your and your spouse or de facto partner’s combined) eligible investments, the total value of which was at least AUD 1,500,000
• Have a realistic commitment to establish or participate in a qualifying business in Australia and maintain a substantial ownership and direct and continuous involvement in the management of that business.
• There is no business turnover requirement.
• You, your partner, or you and your partner together, have busiess and personal assets with a net value of at least AUD2,25 million for the 2 fiscal years immediately before you are invited to apply.