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Australia Significant Investor Visa
Significant Investor stream (Subclass 188C)
Benefits
Ability to work, live or study in Australia
Safe living environment and one of the highest standard of living in the world
Ability to bring eligible dependents.
Spouse or de facto partner
Dependent children under 18
Dependent children between 18 -23 years old
High Standard education and healthcare system.
No English requirement
Pathway to Citizenship.
Provisional > Permanent > Citizenship
Requirements
Investments of AUD 5 million must be made into complying investments for the duration of the visa (up to 5 years)
The applicant must prove that the assets or funds used for the complying investment have been lawfully acquired
Must meet Australian health and character requirements
Physical residence for an average of 40 days/year for primary visa holders or 180 days per/year for secondary visa holders before applying for the permanent visa
Have a genuine and realistic commitment to live in the nominating State or Territory and continue business and investment in Australia
Investment Options
Make a complying significant investment in the following proportions and have a genuine intention to hold that investment for the duration of the visa:
At least AUD 1 million in venture capital and growth private equity funds which invest in start-ups and small private companies
At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange
A ‘balancing investment’ of at least AUD 2.5 million in managed funds that may invest in a range of assets
PROCESS
Submit an Expression of Interest (EOI) via “Skill Select” online service to be nominated by a State or Territory Government, or Austrade
Upon receiving a nomination from a State or Territory government and an invitation to apply, submission of an online visa application within 60 calendar days
Upon receiving the approval-in-principal of the visa application, the investor will be advised when to make the complying investment
Upon making the complying investment, the temporary visa will be issued
The visa has a duration of up to 5 years (and can be extended up to 9 years) with a minimum requirement for physical residency in Australia