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.

Bastian Alarcón Vergara
Bastian Alarcón V.
I was very satisfied with these guys and how my visa application was handled. We started the process early on together with my sponsor to make sure we had enough time to sort out all the required documents for the application. It only took 6 weeks from the date we applied to get my 482 Skilled Shortage Visa granted which was much quicker than I was expecting. Highly recommended.read more
Ezequiel López Casa
Ezequiel López C.
These Lawyers are fantastic! A special thank you to Kiri. I applied for my partner visa in June 2021 and we were approved January 2022. Kiri and the team at Gold Migration Lawyers were very helpful and down to earth. They made the process very easy. I definitely recommend!read more
Brendon Vuntarde
Brendon V.
Gold Migration have been a pleasure to work with from the day we submitted our application for Partner Visa back in February 2020. They have been very proactive in keeping us up to date and also ensuring that my wife and I had all the information we needed.We both highly recommend Gold Migration Lawyers as they are very good at what they do and are a pleasure to work with.read more
SP Rebrov
SP R.
Most importantly, delivered a positive outcome for my 866 application. Highly recommend the service to anyone seeking protection in Australia.
Kasturi Vijayan
Kasturi V.
Gold migration are one of the best lawyers we have ever dealt with. We were in the verge of loosing hope with my husbands 461 visa and they took over the case and among all other lawyers they were the only ones that gave us positive reinforcement. It is a glorious end when my husband got the visa granted this morning after weeks of sleepless night and having so much uncertainty. I can’t thank gold migration lawyers enough for all the work they have done in this process. I would highly recommend them for any of your legal needs. Andreas you are amazing as well as all your team you work with, can’t thank you guys enough.read more
Johan Mitchell
Johan M.
I received the first stage of my partner visa in <11 months. Great service.
ngoo wei kang
ngoo wei K.
got my visa granted in very short time, very professional and efficiency lawyer, highly recommended.
John Langdon
John L.
If you are looking for professionals who take pride in their work and strive for the best possible outcome, look no further than Gold Migration.They have helped me and my partner obtain a PMV visa in 6 months, a process than can take up 28 months, so the calibre of their standard speaks for itself, I would like to thank you all so much for all of your efforts.read more
Jayden Fisher
Jayden F.
Thank you so much to the team at gold migration for your amazing work, quick responses and professionalism. Without your help I don’t know where we would be right now!Honestly cannot thank you all enough. You’ve made these tough times a lot easier and the future for me and my fiancée much brighter!read more