188B Investor Stream
This visa is for people who want to make a designated investment such as shares, funds or foreign currency in an Australian state or territory. This visa requires the visa applicant to have outstanding investment background and experience. The applicant should be sponsored by an Australian state or territory government and invest in state government bonds for four years before being granted a permanent visa. The applicant is required to reside in Australia for two out of four years before submitting the permanent visa application.
You must:
be under 55 years of age, although a state or territory can waive this requirement if your proposed investment will be of exceptional economic benefit to the nominating state or territory
score at least 65 on the points test. Please see the Points test tab on this webpage for further information.
have a high level of management skill in relation to the eligible investment or qualifying business activity
have at least three years' experience of direct involvement in managing one or more qualifying businesses or eligible investments
have an overall successful record of eligible investment or qualifying business activity
have a genuine and realistic commitment to continuing your business and investment activity in Australia after the original investment has matured
have a genuine intention to live for at least two years in the state or territory in which you have made a designated investment.
You, your partner, or you and your partner combined must:
for at least one of the five fiscal years immediately before you are invited to apply, have directly managed one of the following:
a qualifying business in which you, your partner or you and your partner combined had at least 10 per cent ownership interest, or
eligible investments owned by you, your partner or you and your partner combined of at least AUD1.5million.
during the two fiscal years immediately before you are invited to apply, have legally acquired net business, investment and personal assets of at least AUD2.25 million that are available for legal transfer to Australia within two years of the visa being granted
make a designated investment of at least AUD1.5 million in a state or territory government security using unencumbered funds accumulated from qualifying businesses or eligible investments and be prepared to hold that investment for at least four years from date of issue in your nominating state or territory
have had no involvement in unacceptable activities.
Income that you earn from your designated investment in Australia is subject to tax under Australian taxation law.
