12th Floor, President Place Building 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
The Australian Immigrant Investor Program requires foreign investors to invest an amount according to the regulations of each program in businesses and investment funds, etc. Currently, the Business & Investment immigration program Private visas in Australia are divided into 3 main types of visas:
Investment visa Australia 188A/B/C is a temporary residence visa with a term of 4 years, allowing the applicant and the whole family, including spouse and dependent children (under 23 years old), to be free by living, doing business and investing in Australia. After being granted Visa 188 and meeting the conditions to do business or invest in Australia within 2-4 years, the applicant can apply for a permanent resident visa 888 and become an Australian permanent resident.
Visa 188A – 188B – 188C for investors planning to settle in Australia
| Visa 188A | Visa 188B | Display 188C | |
| Age | Under 55 years old | Under 55 years old | Over 18 years old and no maximum age limit. |
| Candidate portrait | Being a business owner or a shareholder contributing capital and participating in the management of the company. | Entrepreneur with business or investment experience and strong financial capacity. | Entrepreneurs have very strong financial capacity. |
| The total value of assets | 1.250.000 AUD | 2.500.000 AUD | 5.000.000 AUD |
| Owning capital in the business | 51% of the total business value if the business has a turnover of less than AUD 400,000 per year; 30% of the total business value if the business has a turnover of AUD 400,000 or more per year or 10% of the total value of the business if the business is operated by a publicly listed company | At least 10% of the company's capital in operation or investment management from 2.5 million AUD | Not required |
| Company revenue in Vietnam | Minimum 750,000 AUD/year, for 2 years out of 4 financial years immediately before the applicant receives the invitation to apply. | ||
| Management and business experience | Directly managing the business for at least 3 years. | Directly managing the business for at least 1 year of the last 5 years or or managing an investment of over 2.5 million AUD. | Not required |
| Visa 188A | Visa 188B | Display 188C | |
| Type of investment | Form of direct business investment: establishment of a new business or acquisition of an existing business. | Invest a minimum of AUD 2,500,000 in eligible investment funds as regulated by the Australian Government | Invest a minimum of AUD 5,000,000 in eligible Australian Government investment funds. |
| Time | Own a business in Australia for at least 2 years before applying for an 888 visa and continue to maintain it after you have obtained a permanent visa 888. | Maintain your investment for at least 4 years until you are granted a permanent resident visa 888 | Maintain your investment for at least 4 years until you are granted a permanent resident visa 888 |
| Investment amount | 300,000 AUD (depending on state) | 2.500.000 AUD | 5.000.000 AUD |
| Visa 188A | Visa 188B | Display 188C | |
| Minimum period of stay | The applicant stayed for 1 year out of the 3 years prior to the date of application for the 888A visa. | Applicants must stay for a minimum of 2 years within 3 years prior to the date of application for the 888B visa. | The applicant stayed for 160 days in the 4 years prior to the 888C visa application date or the applicant's Spouse stayed for 720 days in the 4 years prior to the 888C visa application date. |
| Conditions of application for visa 888 |
Achieve a minimum turnover of AUD 300,000 and meet 2/3 of the following conditions:
|
Maintain the same investment level for the duration of the temporary visa 188 and do not violate Australian law | Maintain the same level of investment for the duration of the temporary visa 188 and do not violate Australian law. |
Above is a summary of necessary information about the 188 Australian immigration investment visa. Hope this article gives you a lot of important information about this visa.
Australia is a country with a developed economy, a potential market for investors
To know more about Australian immigration investment programs or other immigration investment programs, investors please call hotline 028 3822 0285. iCanfield's experienced and professional consulting team will advise you. details and choose the most suitable immigration investment program for you.
iCanfield Vietnam Immigration & Study Abroad Consulting Company
Address: 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
Hotline: 028.3822.0285
Call 028 3822 0285 If you need a quick consultation
