
188 B eligibility requirements – Investment stream
As of July 2021, this visa stream is valid for up to 5 years with an available permanent residency pathway after 3 years and 11 months of continued investment activity in the nominating state or territory government.
Criteria | Threshold | Points |
Age | 18 – 24 years old | 20 |
25 – 32 years old | 30 | |
33 – 39 years old | 25 | |
40 – 44 years old | 20 | |
45 – 54 years old | 15 | |
55 years old and older | 0 | |
English Language Skills | Vocational English | 5 |
Proficient English | 10 | |
Educational | Trade certificate, diploma or bachelor degree by an Australian education institute; or a bachelor qualification recognised by an educational institution of a recognised standard | 5 |
Bachelor degree in business, science or technology by an Australian institution or educational institution of a recognised standard | 10 | |
Financial Assets (You and your partner’s Net business and personal assets preceding 2 fiscal years before the time of invitation) | Not less than AUD$750,000 | 5 |
Not less than AUD$1.25 million | 15 | |
Not less than AUD$1.75 million | 25 | |
Not less than AUD$2.25 million | 35 | |
Business Turnover (2 out of the last 4 fiscal years) | Not less than AUD$750,000 | 5 |
Not less than AUD$1.25 million | 15 | |
Not less than AUD$1.75 million | 25 | |
Not less than AUD$2.25 million | 35 | |
Investor Experience | Not less than 4 years | 10 |
Not less than 7 years | 15 | |
Business Innovation | Patents or designed registered not less than 1 year before time of application | 15 |
Trademarks registered not less than 1 year before time of application | 10 | |
Ownership in and day to day participation in the management of one or more main business operated under a formal joint venture agreement/s entered into not less than 1 year before time of application | 5 | |
Ownership interest in a main business(es) that derives no less than 50% of annual turnover from export trade | 15 | |
Ownership interest in a main buisness(es) not more that 5 years before:
|
10 | |
Ownership interest in a main business(es) that received:
|
10 | |
Special endorsement | The nominating State or Territory government agency has determined that your proposed business is of unique and important benefit to the State or Territory where the nominating government agency is located | 10 |
In order to be eligible for the Subclass 188B Investor Stream (Provisional), we will need to submit an Expression of Interest (EOI) to get state nomination. We will look at the documents you are able to provide prior to submitting the EOI to ensure that we are able to provide evidence to further support the points claimed in the EOI, if not it may result in a refusal.
Upon the submission of the EOI, we will have to wait until a state or territory issues an invitation to apply for the visa. We will start preparing all the documents beforehand so that we are ready when the invitation is issued. You will only have 60 calendar days from the the date of invitation to apply so it is crucial that we start preparing early.
Depending on the invitation round, you can start applying for the visa once you have received an invitation. Receiving an invitation does not guarantee a successful application, we will submit the documents necessary that will best maximise your chances at a positive outcome. Additionally, we will also respond to all Request for Further Information (RFI) from the Department of Home Affairs within 14 days.
Holders of the Subclass 188B Investor Stream (Provisional) will be able to live in Australia temporarily without having to leave while the visa is valid (duration of 5 years).
Holders of the Subclass 188B Investor Stream (Provisional) will be able to live and work in Australia without any limitations.
Holders of the Subclass 188B Investor Stream (Provisional) will be able to travel in and out of Australia without having to apply for another visa while the visa is valid.
Holders of the Subclass 188B Investor Stream (Provisional) will be able to add family members as dependents on the application (if eligible).
You can apply for permanent residency through the Subclass 888B Investor Stream (Permanent) if all requirements are met after 3 years & 11 months of holding the Subclass Subclass 188B Investor Stream (Provisional).
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If you need professional assistance from the best immigration lawyers in Melbourne, book a free consultation today with Flyworld Migration. Call us on 03 8783 8138 or submit an online enquiry. We will assign a solicitor to help you apply for a suitable visa so you can live out your dream of studying or working in Australia.
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