The State or Territory government agency or Austrade that nominates you must not withdraw their nomination after you apply, or you will not be granted the visa.
The Subclass 188 – Significant Investor Stream is for people who invest at least AUD5 million in Australian investments that meet specific requirements and maintain investment activity in Australia.
This visa:
To be eligible for a Subclass 188 - Significant Investor Stream, you must:
You must be nominated by an Australian State or Territory government agency, before being invited to apply for this visa.
If you were invited to apply on or after 1 July 2021
You must make (on or after the time of application for this visa), a complying significant investment of at least AUD5 million, and have a genuine intention to hold that investment for the life of your provisional visa.
It must be invested in the following proportions:
You (and your partner) must have had no history of involvement in business/investment activities that is not acceptable in Australia.
You (and family members aged 16 years and over) applying for the visa must meet the Department’s health and character requirements.
All applicants aged 18 or over must either have:
You might not be eligible for this visa if you have had a visa cancelled or refused while you were in Australia.
Our Registered Migration Agents will review your circumstance, and will assist you to apply to be nominated by your desired state or territory for a Subclass 188 – Significant Investor Visa.
Our Team will assist you to submit an “Expression of Interest” to be nominated by your desired state or territory.
If you are invited to apply for a visa, you will receive an invitation from SkillSelect. We will then provide assistance to lodge a visa application within 60 days from the invitation date.
Once you are invited to apply for the visa, we will:
Once your visa application is lodged, we will wait to hear from the Department.
Usually, the Department will respond by sending you a “Request for Further Information” – if they require further information/documentation to finalise your application.
If you are granted the visa, you will receive,
If not,
You will be informed why the Department refused and whether you have a right to a review of the decision.
We have summarised a cost estimate for a Subclass 188 -Significant Investor Stream application as below.
Paid directly to the Department of Home Affairs
Paid directly to the Department of Home Affairs
Paid directly to the Department of Home Affairs
Paid directly to the agency (i.e.; BUPA in Australia) that conducts your medical checks
Paid directly to Australian Federal Police that conducts your character checks
Paid directly to Overseas authorities that conducts your character checks
Unit 7, 242-244 Caroline Springs Blvd
Caroline Springs VIC 3023