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The Australia Invesment Visa 188B is an opportunity for experienced investors with strong financial capability. To qualify, investors must commit AUD 2,500,000 into designated investment funds in Australia and maintain this investment until they are eligible to apply for the 888B Visa, which is typically after a minimum of 3 years.
Once all the stipulated requirements are met, the investor will be granted permanent residency under the 888B Visa. This process does not require any additional investment. Notably, the applicant's spouse and children under 23 years of age will also receive accompanying visas.
Holders of the 188B visa will enjoy various benefits when settling in Australia:
The benefits of investing under the 188B visa include:
Applicants must meet the following conditions:
Applicant Capability Requirements
Investment:
Invest a minimum of 2.5 million AUD into legal funds in Australia with specific proportions:
Investors and accompanying family members holding the 188B visa must fulfill all required obligations, including:
Investors can sponsor their spouse or children under 23 to join them in Australia while holding the 188B visa. However, it is important to note the following key points:
To apply for the 188B visa, you need to prepare the following documents:
Identification documents:
Business, investment, and asset documents:
Migration points scale
Documents proving the attainment of the required 65 migration points: Includes English language certificates, academic qualifications, proof of assets, company revenue, and other relevant documents.
English language certificates:
If not available, the applicant or accompanying person must pay for English language sponsorship.
Health documents:
Health clearance documents: These documents will be sent directly to the Australian Department of Home Affairs by the medical facility.
Police clearance certificate:
Documents for accompanying persons (if applicable)
(If the applicant or accompanying person aged 18 or over does not meet the English language requirements, additional fees may apply.)
The processing time for the Australian 188B visa can vary depending on the specific case.
Here are the average processing times:
As a leading firm in immigration consultancy, Second Citizenship proudly stands as one of the most reputable Australian immigration advisory companies, trusted by many clients. The company is currently a strategic partner with numerous law firms, project developers, and immigration consultancy agencies across Australia.
With nearly 20 years of experience in advising and successfully processing numerous immigration cases, we are committed to providing the most comprehensive solutions for clients seeking to immigrate to Australia under the business visa category.
If you have any questions or need assistance with the Australian 188B investment visa, please contact Second Citizenship's Hotline to receive free advice from top experts in the field of immigration and residency.
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