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September 13, 2020

188B Visa-Business Visa (Investment)

Investor Stream – 188B Visa The 188B visa category is for the young aspirants who wish to settle and invest in Australia. Investors who are nominated by a State/Territory government and maintain that investment is only eligible in this category.

See the eligibility criteria below:

  1. Age – Your age should be Under 55 years of age.
  2. Points Test – 65 points are mandatory and should pass the Test.
  3. Investment Management Skills – Should know a High level of management.
  4. Investment Experience – At least 3 years of experience or more and direct involvement in managing at least one year which is considered under eligible Australia-based office.
  5. Successful Investments – Should have an Eligible investment successful record.
  6. Proceed with Investment Activity – Should have a Genuine pledge to proceed with your business and venture action in Australia.
  7. Live in Nominating State/Territory – genuine goal to live in the state/an area where you have done the venture.
  8. Speculation Ownership – Should have Managed proprietorship for at any rate 1 of the 5 financial years ought to have in any event 10% possession in a passing business or dealt with the equivalent for at any rate AUD 1.5 million in qualified ventures.
  9. Net Assets – Should have the least bank balance for around AUD 2.25 million and ready to put resources into Australia inside 2 years.
  10. Assigned Investment in Australia – Make an assigned venture of at any rate AUD 1.5 million in a state or region government security (Treasury securities) and hold the speculation for at any rate 4 years.
  11. Wellbeing and Character – You should Provide police freedom testament and go through a health assessment and meet the requirements.

Not many Designated ventures Authorities in Australia for your data:

  • Government Bonds of Victoria Treasury Corporation – Treasury Corporation of Victoria.
  • NSW Treasury Bonds Waratah Bonds – New South Wales Treasury Corporation.
  • Queensland Bonds – Queensland Treasury Corporation.
  • Queensland Industry Bonds – Queensland Industry Development Corporation before 1 December 1996.
  • TASCORP Inscribed Stock – Tasmanian Public Finance Corporation.
  • Territory Bonds – Northern Territory Treasury Corporation.
  • Western Australian State Bonds – Western Australian Treasury Corporation.
  • South Australian Government Financing Authority Bonds – South Australian Government Financing Authority.

To pursue your application in the same category we are there to serve you better. For an appointment with us call today.