Subclass 188C:
SIGNIFICANT INVESTOR VISA

What is the Significant Investor Visa all about?

This stream provides a pathway for permanent residency for investors and business owners who are able and prepared to make a significant investment, complying with a minimum sum of $5,000,000 in Australia. We aid such parties by providing them significant investor visa agents and lawyer personnel in Melbourne, Perth and Adelaide Despite the higher capital requirement, the Significant Investor stream presents clear advantages as compared to the business innovation (188A) and investor (188B) streams. These include:
  • No age threshold;
  • No Schedule 7A points test;
  • Preferential processing.
  • Primary Criteria

    To qualify under this stream, a primary applicant must satisfy all of the following:
  • If the applicant was nominated by a State or Territory government agency, only the applicant, or his or her spouse or wife, needs to have a genuine intention to reside in the nominating State or Territory;
  • Applicant has made, on or after the time of application, a complying significant investment of at least $5,000,000;
  • Applicant has a genuine intention to hold the complying significant investment for at least 4 years.
  • Residence Intention

  • There is no requirement to reside in a particular State or Territory if the applicant was nominated by Austrade. If the applicant was nominated by a State or Territory authority, only one party being either the applicant, or his or her spouse or de facto partner, needs to demonstrate a genuine intention to reside in the nominating State or Territory.
  • Complying Significant Investment

    An investment by a person (the investor) is a complying significant investment if all of the following requirements are met:
  • The investor must be an individual;
  • All funds used to make the investment must be unencumbered and lawfully acquired;
  • The investment must be lawful, and not form the basis for security or collateral for a loan;
  • Applicant must intend to hold the complying significant investment for at least 4 years;
  • The investment portfolio must include:
  • (a) at least $500,000 in a venture capital fund or funds;
    (b) at least $1,500,000 in emerging companies investments;
    (c) Balancing investments, comprised of a range of government-approved investments, for the remaining portion of the investment;

    Management of Complying Significant Investment

  • It is not necessary to have direct involvement in managing a complying significant investment, but the applicant may be required to provide evidence that the investment is made genuinely and not contrived for migration purposes.
  • Success (or otherwise) of the complying significant investment is not a relevant assessment criteria.
  • Switching Period

    • This refers to a period beginning when the investor withdraws funds from the investment, or cancels the investment, and ending when the investor reinvests the withdrawn funds, or the funds used to make the cancelled investment.
    • If the switching period is of no more than 30 days duration, the investment is taken not to have ceased to be a complying significant investment during the switching period.
    • Failure to reinvest the funds in a compliant matter within the switching period may result in refusal or cancellation if granted.

    Application Charges

    Subclass 188 is payable in 2 instalments.

    First instalment:

  • Base application charge: $5,375
  • Additional applicant charge for an applicant who is at least 18: $2,685
  • Additional applicant charge for an applicant who is less than 18: $1,345
  • Second instalment:

  • Primary applicant without functional English: $9,795
  • Secondary applicants who do not demonstrate functional English: $4,890
  • With Visa Plan, you can easily avail the following in Melbourne, Perth and Adelaide:
    • Significant Investor visa lawyer
    • Significant Investor visa agent


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