Significant Investor Visa – Subclass 188

WHO IS ELIGIBLE FOR THIS VISA?

• Be nominated by a State or Territory government or Austrade before being invited to apply for this visa;
• You must make a complying significant investment of at least AUD5 million, and have a genuine intention to hold that investment for the life of your provisional visa. It must be invested in the following proportions:
  • at least AUD1 million in venture capital and growth private equity funds which invest in start-ups and small private companies
  • at least AUD1.5 million in approved managed funds. The managed funds must invest in emerging companies listed on the Australian Stock Exchange
  • a ‘balancing investment’ of at least AUD2.5 million in managed funds
• 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.
• There are no upper age limits;
• There is no need to satisfy the points test;
• You need to show you have AUD 5million, lawfully acquired and unencumbered, for which you can use towards your Complying Significant Investment;
• You must invest at least AUD 5 million into complying investments in Australia before visa grant;
• Significant Investments can be made only by you or you together with your spouse or de-facto partner;
• You need to be able to prove the source of funds is lawfully acquired.