188B Investor Stream (Provisional)

This provisional visa requires you to invest at least AUD2,500,000 in an Australian State or Territory and maintain business or investment activity in Australia.

Eligibility

• Be under 55, unless the State or Territory government agency has determined your investment will be of exceptional economic benefit.

• You must:

(a)   have at least 3 years’ experience managing one or more qualifying businesses or eligible investments 

(b)   have a successful record of eligible investment or qualifying business activity

(c)   have demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity

• For the 2 fiscal years immediately before we invite you to apply, you, your partner, or you and your partner together, have business and personal assets with a net value of at least AUD 2,500,000. These assets must have been lawfully acquired and be available for transfer to Australia within 2 years of the visa being granted. 

• For at least 1 of the 5 fiscal years immediately before we invite you to apply, have directly managed one of the following:

(a)   a qualifying business in which you, your partner or you and your partner combined had at least 10% ownership interest, or

(b)   an eligible investment of at least AUD1.5 million owned by you, your partner or you and your partner combined.

• You must make (on or after the time of application for this visa), a complying significant investment of at least AUD2,500,000 to designated funds.

• Be nominated.

888B Investor Stream (Permanent)

(a)   at least AUD500,000 in venture capital and growth private equity funds which invest in start-ups and small private companies

(b)   at least AUD750,000 in approved managed funds. The managed funds must invest in emerging companies listed on the Australian Stock Exchange

(c)   a ‘balancing investment’ of at least AUD1,250,000 in managed funds

If meeting 888B requirement within 4 years, apply for 888B.