- Visa Advantages :
- The procedure is simplified, the priority is heard, and the application speed is fast. As long as the applicant obtains the EOI invitation and invests 5 million Australian dollars in the project formulated by the Australian Immigration Bureau, the applicant can convert to a permanent residence visa after the 4-year investment period expires.
- No age limit requirement; no English requirement; no scoring required; loose residency requirements; relatively loose proof of source of funds.
Suitable for the crowd: suitable for high-asset, high-income individuals, as long as they invest at least 5 million Australian dollars in the field specified by the policy, they can obtain fast immigration.
- Visa Application
Step 1: Apply for a four-year prominent investment immigration ( 188C visa )
1. Apply for state government guarantee;
2. Get nominated by the state or territory government and invite for visa application (get nominated by the state government within one week at the earliest);
3. Submit visa application (60-90 days to be approved);
4. Possess assets of at least 5 million Australian dollars, which must be legally obtained, disposable, and available for designated Australian investment products;
5. Have not engaged in illegal business or investment activities;
6. Before the visa is approved, invest at least 5 million Australian dollars in the designated investment field, and you can choose any one or more of the following combinations:
– Bonds issued by the federal, state or local governments
– Funds authorized by the Australian Securities and Investments Commission (ASIC) to invest in Australia
– Direct investment in non-listed Australian private companies
Step 2: Apply for investment business category ( 888 ) –Application in Australia (permanent visa)
1. During the period of holding the 188c visa, the investment of at least 5 million Australian dollars meets the requirements of the Immigration Bureau;
2. During the 4 years of holding a 188c visa, at least 160 days have been accumulated in Australia, or no less than 40 days per year;
3.188 visa can be renewed twice, each time for two years;
4. Have not engaged in illegal business or investment activities;
5. Promise to continue to operate business or continue to invest in Australia.