WHAT IS THE 188C VISA?
The Significant Investor Stream (Subclass 188C) is a provisional visa under the Business Innovation and Investment Program, designed for individuals willing to invest AUD 5 million into complying significant investments in Australia.
This visa provides a flexible pathway to permanent residency through the Subclass 888 visa while encouraging significant investment contributions to the Australian economy.
KEY FEATURES OF THE 188C VISA
- Validity: Up to 5 years, extendable under certain conditions if required.
- Investment Requirement: Requires an investment of AUD 5 million in complying investments for the duration of the visa.
- Pathway to PR: Eligibility to apply for the Subclass 888 visa upon meeting investment and residency conditions.
- No Age Limit: Unlike other visa streams, there is no age restriction for the 188C visa.
- No Points Test: Applicants are not required to meet points test requirements for this visa.
- Include Family: Eligible family members can be included in the application.
ELIGIBILITY REQUIREMENTS
- Complying Investment Requirement:
Applicants must invest at least AUD 5 million into complying significant investments in Australia, typically structured as:
- At least AUD 1 million in venture capital and growth private equity funds.
- At least AUD 1.5 million in approved managed funds investing in emerging companies listed on the Australian Stock Exchange.
- The remaining AUD 2.5 million in managed funds investing in a broad range of assets including ASX-listed companies, corporate bonds, and real estate.
- Funds must be lawfully acquired and available for transfer to Australia.
- State/Territory Nomination:
- Must be nominated by an Australian state or territory government or Austrade to apply for this visa.
- Residency Requirement for PR:
- The primary applicant must reside in Australia for at least 40 days per year (or the spouse for 180 days per year) during the validity period to qualify for permanent residency under Subclass 888.
BENEFITS OF THE 188C VISA
- Flexibility with no age limit and no points test requirement.
- Ability to live, invest, and conduct investment activities in Australia.
- Eligible family members can live, work, and study in Australia.
- Freedom to travel in and out of Australia during the visa validity period.
- A clear pathway to permanent residency (Subclass 888) upon meeting residency and investment requirements.
HOW LUANA TR CAN ASSIST YOU?
The 188C visa involves significant financial commitments, compliance with investment structures, and navigating Australian regulations effectively. At Luana TR, we provide:
- Eligibility and Investment Strategy Assessment: Reviewing your financial profile and investment objectives to align with visa requirements and your goals.
- Structuring Complying Investments: Assisting in identifying and structuring your AUD 5 million investment to meet compliance requirements while aligning with your risk profile and investment interests.
- State Nomination Guidance: Advising on the most suitable state or territory nomination pathways for your circumstances.
- Document and Compliance Preparation: Supporting you in preparing, verifying, and presenting financial documentation and source of funds evidence.
- Application Management: Handling the entire application process with clear communication and status updates.
- Post-Visa Settlement Support: Providing guidance for you and your family to transition smoothly into life and investment management in Australia.
By choosing Luana TR, you gain a professional, responsive partner who understands the significance of your investment migration and is committed to delivering a seamless, secure pathway to your future in Australia.
