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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SUBCLASS 188B – 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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SUBCLASS 188B – 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

SUBCLASS 188B – 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 SUBCLASS 188B 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.

KA CHUN UY
KA CHUN U.
I am very grateful to the lawyer Peter Peng. Although my case is very troublesome, he was very patient to help me solve it step by step. At that time, I only had 20 days to provide supplementary information from the Immigration. I found this law firm, the owner, Ramtin.  He is very confidence and professional also made me full of confidence in him. They added different viewpoints and legal opinions in the explanation letter, which successfully made the immigration officer accept my explanation.  The next day after submitting the information, the Immigration officer immediately accepted my explanation and asked me to have a medical examination.It took two months to successfully get the Partner(820) VISA, I am very grateful to them  I highly recommend this law firm , they are really pro and they can help you slove any problem.read more
Bibi Mon
Bibi M.
I went to these lawyers trusting them they will be able to organise my permanent residency. I was a little worried with how much it costs but in the end I have to say they went above and beyond my expectations, they were worth every cent. I would like to mention and thank my lawyer Peter who looked after my case, very professional through the whole process. Gold immigration lawyers are the “gold” standard.read more
Ignacio Falcon
Ignacio F.
Amazing team of lawyers! Peter was extremely helpful and offered detailed guidance throughout the whole process. I highly recommend their services
Mauricio G Guerra
Mauricio G G.
Exceeded my expectations, good communication, very professional!
Leo Donnelly
Leo D.
They made the process very smooth, always there to answer my calls and give professional help even to the most minor detail.I felt like I was treated like family.Visa was processed very quickly and I would recommend them to anyone who would like assistance with the Visa application.read more
Alison B
Alison B
Thank you Andreas. He helped our company in record time.
Tin Maung Lynn
Tin Maung L.
Best lawyers/consultants in town, I highly recommend their consultation, worked with "Mr. Andreas" during my employer sponsor 186 DE visa with family application onshore, He is very active, friendly, helpful, thorough and detail oriented person. He managed to get employer nomination approval in just 10 days after application, and visa approval the next day after medicals cleared, This is the type of exemplary customer service they provide. Thanks to their expertise and experience. I am very happy and glad that we have engaged "Gold Migration Lawyers" to handle our application.read more
Amina Ahmed
Amina A.
After having some issues with another migration agent, the team at Gold Migration Lawyers took over and were extremely proactive. I recieved my permanent visa within a week of the team taking over. Would recommend to anyone looking to start a visa applicationread more
Miron Igglezakis
Miron I.
(Translated by Google) Thank you so much Andrea! The best company in Melbourne for the Greeks!(Original)Χιλια ευχαριστω Ανδρεα! Η καλητερη εταιρια στην Μελβουρνη για τους Ελληνες!read more

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