188C Business Visa - Significant Investment Visa Services

188C Business Visa (Significant Investment)

188C Business Visa (Significant Investment)

The 188C Business Visa is for people that would like to make an investment of AUD 5 million in Australia. It is applicable only for applicants that have been nominated by an Australian State or Territory. This 4 year temporary visa requires the applicant to submit an Expression of Interest or EOI through SkillSelect.

Application Requisites:

  • The applicant for this visa must be nominated by an Australian State or Territory.
  • Submit an Expression of Interest through SkillSelect.
  • In order to apply, the applicant can be in Australia or even overseas. If the applicant in Australia, it is essential to hold a Substantive Visa or a Bridging A, B or C Visa.
  • The applicant is required to make an investment of AUD 5 million in a complying investment Australia.

The complying investment must comprise of:

  • A minimum of $500,000 in Venture Capital and Growth Private Equity funds that are invested in start-ups and small private companies.
  • Should hold at least $1.5 million in approved managed funds that are invested in emerging companies that are listed on the Australian Stock Exchange
  • The applicant must have a balancing investment of up to $3 million in managed funds.

On maintaining an investment in Australia for 4 years, the applicant can apply for Permanent Residence through the Business Innovation & Investment (Residence) SC 888 Visa.

Benefits of 188C Visa

  • No upper age limit
  • No requirement of the English Language
  • No score or Points Test required
  • If the applicant meets the extension requirement, the visa provides an extension at least 2 times for a period of 2 years each.
  • It has a lower residence requirement of 40 days per year for the applicant and 180 days for their spouse to apply for the 888 Permanent Visa.

The Business Visa subclass 188C is designed for individuals looking to make a significant investment of AUD 5 million in Australia, without specific requirements for business management or entrepreneurship. In contrast, the Business Visa subclass 188B focuses on individuals interested in making a direct investment in an Australian state or territory, while the Business Visa subclass 188E is tailored for entrepreneurs with a business idea and a funding agreement. Each subclass caters to different aspects of business and investment, with unique eligibility criteria and benefits.

Applicants of the Business Visa subclass 188C (Significant Investment) can pursue permanent residence through the Business Innovation & Investment (Residence) SC 888 Visa after maintaining their investment for 4 years. Meanwhile, the Business Visa Subclass 132 Talent (Permanent) A/B offers a direct pathway to permanent residency for high-calibre business people who can significantly contribute to the Australian economy. The choice between these visas depends on the applicant’s investment capacity, business skills, and long-term goals in Australia.

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