Investor Stream (Subclass 188B) Visa

The Business Innovation and Investment (Provisional) visa (subclass 188) is a temporary visa for individuals who want to own and manage a new or existing business in Australia, or make a designated investment in an Australian state or territory.

Here are some key points about the Investor Stream (subclass 188B) visa:

  1. Purpose: The Investor Stream is for individuals who want to make a designated investment of at least AUD 1.5 million in an Australian state or territory and maintain business and investment activity in Australia.
  2. Designated Investment: To be eligible for the Investor Stream, applicants must make a designated investment of at least AUD 1.5 million in an Australian state or territory government security for a minimum of four years. The investment must be made in the name of the primary applicant or the primary applicant and their spouse.
  3. Age Requirement: There is no age requirement for the Investor Stream, but applicants must be under the age of 55 at the time of invitation unless exempted.
  4. Health and Character Requirements: All applicants must meet the health and character requirements set by the Department of Home Affairs. This includes undergoing medical examinations and providing police clearance certificates.
  5. Points Test: The Investor Stream is points-tested, and applicants must score at least 65 points on the points test to be eligible. Points are awarded based on various factors such as age, English language proficiency, investment experience, and other criteria.
  6. Nomination: Applicants for the Investor Stream must be nominated by an Australian state or territory government.
  7. Pathway to Permanent Residency: The subclass 188 Investor Stream is a provisional visa, but it provides a pathway to permanent residency in Australia through the Business Innovation and Investment (Permanent) visa (subclass 888) if certain requirements are met.

It's essential to review the specific requirements and eligibility criteria for the Investor Stream of the subclass 188 visa and consult with a registered migration agent for personalized advice and assistance with the visa application process.