Business Visa Types

Business Innovation and Investment (provisional) visa (subclass 188D) - Premium Investor stream

This provisional visa is for people who are nominated by Austrade and who invest at least AUD15 million in Australian investments and/or philanthropic contributions.

This is a 4-year temporary visa, for people who want to invest at least AUD 15 million into complying investments in Australia. After maintained an investment in Australian for 1 year, the applicant can apply for permanent residence through the Business Innovation and Investment (Residence) Subclass 888 visa.

Applicants must make an investment of at least AUD 15 million in a “premium investment” prior to grant of the visa. A “premium investment” for the purposes of the Premium Investor Visa includes:

• Australian securities exchange listed assets
• Australian government or semi-government bonds or notes
• Corporate bonds or notes issued by an Australian exchange listed entity (or wholly owned subsidiary of the Australian listed entity) or investment grade rated Australian corporate bonds or notes rated by an AFS licenced debt rating agency
• Australian proprietary limited companies
• Real property in Australia excluding residential property
• Deferred annuities issued by Australian registered life companies
• State or territory government approved philanthropic contribution

Advantages:

• No residence requirement
• Fast-track 12 months pathway to permanent residency

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