Subclass 188b Visa

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SUBCLASS 188B – INVESTOR STREAM

This is a 4-year temporary visa, you must be nominated by an Australian State or Territory government agency. You must have a successful business record and have high level of management skills.

To be eligible for permanent residency from this visa, you must have maintained an investment in Australia for 4 years and the applicant has been in Australia on Subclass 188 A for two years.

You can be either in Australia or overseas when you lodge your application. If you are in Australia you must hold substantive visa or Bridging visa A, B or C.

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KEY REQUIREMENTS

  • Designated Investment: must invest AUD 1.5 million in State or Territory Government bonds
  • Net family assets of AUD 2.25 million for the last 2 fiscal years immediately before you are invited to apply
  • Meet the pass mark in the business innovation and investment points test
  • Must be under 55 years age
  • For at least 1 of the 5 fiscal years immediately before you are invited to apply, have directly managed one of the following:
    • a qualifying business in which you, your partner or you and your partner combined had at least 10% ownership interest, or
    • a eligible investment of at least AUD1.5 million owned by you, your partner or you and your partner combined
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BENEFITS

  • Stay in Australia for up to 4 years and 3 months
  • Bring eligible members of your family with you
  • Apply for a permanent stream if certain requirements are met

COST

This visa costs AUD5,375 for the main applicant.

There is also a charge for each family member who applies for the visa with you:

  • Family members over 18 years old: AUD2,685
  • Family members under 18 years old: AUD1,345

You must pay an extra charge for any applicant 18 years old or older who has less than functional English. The second instalment charges are:

  • Main applicant: AUD9,795
  • Family members: AUD4,890
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CONTACT US TO FIND OUT IF YOU ARE
ELIGIBLE FOR A BUSINESS VISA!

At Gold Migration Lawyers, our incredible lawyers will ensure that your hard-earned investments will not go to waste, and that you and your family achieve your ultimate goal of obtaining your Australian Permanent Residency.

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Helping People Just Like You

What matters to us most is what our clients have to say about their experience once everything has been resolved. Below are some of the messages we have received from people we’ve represented.

Lach S
Lach S
We get our visa in record time Could not believe it. Immigration says 2 years and they get it in weeks. Mr andreas is very amazing man and me and family owe you and gold lawyers forever
Asmita Karki
Asmita K.
Thank you for Great service.Got Visa in very short period.The team was helpful all the way from start till visa grant.
The EM Fam
The EM F.
I am very pleased with these Migration Lawyers!I got both my Temporary and Permanent through them in a breeze! If you need your visas accepted go to them.They are the best!! Thank you!!
Gerlyn Oliva
Gerlyn O.
I came to Gold Migration lawyers few months ago distraught about my application for permanent residency.It was over 3 years ago since I have applied for my PR and still did not receive any approval. Gold migration gave me assurance that they will facilitate and follow up with the department. They were very detailed and precise with their advise. All requirements and paperworks were tripple checked by them before its submitted to the department.Very prompt in answering all queries and overall very happy with their service.I recieve my Permanent Residency today and I am extremely grateful for this fantastic Lawyers who made my dreams come true after few years of stressing and worrying about my status in Australia..Thank again Peter and your team for helping me..Will definitely recommend your firm to everyone I know whose struggling with their migration process.read more
Daniel Markos
Daniel M.
Best team of migration agents and lawyersAndreas helped me get my citizenship very fast .10 out of 10 thann you so so much
King Kaif
King K.
Thank you Andreas and team. The best law firm in town. i would highly recommend them for any migration n citizenship services. They were very prompt in following up with paper work for my citizenship which was complicated case. would rate them above 5 starsread more
Michael Gianoulias
Michael G.
Helped with my visa. Andreas is the best Greek agent in melbourne
tynal chruy
tynal C.
Very responsive and walked me through each steps along for the whole process.
Harry Milonakis
Harry M.
I wish I could give more than 5 stars. They are the best lawyers in Melbourne city. Andreas and Ramtin helped me so much and I couldn't have asked for a better service. Thank you so much and I will be recommending you to everyone I come across.read more