Subclass 188B – Investor Innovation Stream Visa (Temporary)

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Subclass 188B – Investor Innovation Stream Visa (Temporary)

This visa caters to individuals who have a successful business record and have high level of management skills. This visa permits those who have maintained an investment in Australia for the last 4 years and has been a holder of a subclass 188A visa for the last 2 years.

You must have high level of success in business.
You must have for at least 1 year in the last 5 fiscal years immediately before the invitation, have directly managed either a qualifying business which you are a partner or 10% owner or have eligible investment funds of at least AUD1.5 million whether on your own, with a partner or your partner alone.
You must invest AUD1.5 million in State or Territory bonds. This is a security bond given to the Australian government.
You must have total net family assets of at least AUD2.25 million for the last 2 fiscal years immediately before you are invited to make an application.
You must meet the pass mark in the business innovation and investment points test.

You must be under 55 years of age.
You will be able to carryout business and investment activities in Australia.
You will be able to stay in Australia for up to 4 years.
You will be able to have eligible members of your family come to Australia with you.
You may be able to make an application for a permanent stream.

To understand if you meet the requirements of this visa and discuss your visa pathway into permanent residency, speak with our experienced and friendly staff today to get the process started

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