If you are an investor/entrepreneur, Australia would be one of the best countries for your new business adventure. If you are interested in this market, our investment and immigration specialist recommends that you should consider applying for an Australian investment and business visa. Because this option may not only bring prosperity but also life benefits for your whole family.
There are other options of Australian investment and business visas in part 4 and part 5 that maybe best suit you. Once you have a good understanding of these options, you should refer to the profitable investment fields section for further information. (part 8). In particular, also in this section, successful Australian investors have advice for you.
The Australian immigrant investor program is also known as the Australian investor visa. This is a program for foreign entrepreneurs and investors who meet the requirements to come to Australia to do business / investment and especially fulfill their Australian permanent life.
According to the Australian immigration law, since 01.7.2021, there have been only 8 investment visa options for entrepreneurs to settle in Australia since the 3 other visas no longer exist including:
Please refer to the following part of this article to know more about the remaining 4 types of business innovation and investment visas.
The Australian business innovation and investment visa is divided into 2 groups: temporary resident visa and permanent resident visa. Currently, investors need to go through 2 stages with 2 corresponding visa types to continue investing and residing permanently.
| Visas | Provisional visa (subclass 188) | (Permanent) visa (subclass 888) |
| Business Innovation Stream | Subclass 188A visa | Subclass 888A visa |
| Investor Stream | Subclass 188B visa | Subclass 888B visa |
| Significant Investor Stream | Subclass 188C visa | Subclass 888C visa |
| Entrepreneur Stream | Subclass 188E visa | Subclass 888E visa |
The Australian business innovation and investment visa advisory event organized by VEM with the participation of The Government of Western Australia and investors has taken place successfully.
You can refer to articles about these visas on VEM’s website. To choose a suitable visa in the best pathway, it is highly recommended to schedule a consultation session with our investment & immigration specialist.
Business innovation stream
Investor stream
Business innovation stream
Business innovation stream
Business innovation stream
Depending on the conditions, abilities and desires of each investor, determining the appropriate visa type and route is very important. In the temporary residence category, there are 4 types of visas:
| Conditions | 188A | 188B | 188C | 188E |
| Age | < 55 years old | < 55 years old | Not required. | < 55 years old |
| Migration points | >= 65 points | >= 65 points | Not required. | Not required. |
| English | >= 4.5 IELTS | >= 4.5 IELTS | >= 4.5 IELTS | >= 6.0 IELTS |
| Business ownership and management experience | >= 2 years | >= 3 years | Not required. | Establish a business in Australia with the required capital. |
| Minimum revenue | 750,000AUD | No proof required. | No proof required. | No proof required. |
| Minimum assets | 1,250,000AUD | 2,500,000AUD | ||
| Minimum investment | 200,000AUD (depending on the designation of each state). | 2,500,000AUD | 5,000,000AUD | 5,000,000AUD (by the third party). |
If you are not clear the above differences, do not hesitate to contact us to book consultation now.
Conditions for applying for a subclass 888 visa (stage 2) are based on the subclass 188 visas that the applicant is holding. Some important requirements are period of residence, minimum turnover,…
You can read the article: “requirements for a visa subclass 888 – business innovation and investment (permanent) visa ” for details.
The outstanding feature of these visas is to bring eligible family member to enjoy Australian benefits as Australian permanent residents, specifically included:
| Benefits | Details |
| Residence |
|
| Sponsor family member | Can bring eligible family members to come to Australia to enjoy the same benefits. |
| Business and Investment | The visa holder is allowed to invest, run business in Australia. |
| Social security | If you hold an 888 visa, you and your family members are entitled to medicare (Australia’s public health program) and other benefits for permanent residents. |
| Education and working |
|
| Free entries | Being able to travel outside Australia and return as many times as they want while the visa is valid. |
| Applying for Australian citizenship, if eligible | Permanent resident visa holders have the opportunity to naturalize to become Australian citizens. |
Applying for an Australian investor visa is a visionary decision-making for your whole family. it would be necessary to make sure you fully understand the benefits that a visa offers before applying.
If you have any enquiries, please feel free to contact us for an online appointment with Mr. Phong Cao – who is licensed by the Australian government (MARN: 1577877).
to settle in Australia under a business innovation and investment visa
If the applicant intends to do business or to invest in Australia, it is the right time to implement.
For this reason, currently, the Australian government prioritizes business innovation and investment visa processing. This helps the applicant and their families have the opportunity to settle in Australia to enjoy many attractive welfare policies and contribute to supporting Australia’s economic recovery due to the impact of the covid-19 pandemic.
According to last year’s Australian immigration policy (2021), applicants for a business innovation and investment (provisional) visa (a subclass 188 visa) are likely to be doubled in the chance of success since the government has increased the numbers of visa from 6862 (in 2019-2020) to 13500 visas.
When applying for visa 188, you can also add your family members come to Australia to study, do business, invest and enjoy Australian life. After a period of holding visa 188, you have the opportunity to apply for visa 888 so that your whole family can become permanent residents, Australian citizens, and enjoy the full privileges of this country!
The Australian government does not accept migrants with infectious diseases/risks to Australian public health such as hiv/aids, hepatitis b, tuberculosis,…
The matters on health requirements are complicated, please contact us for specific advice.
After submitting your visa application, vem will support you in getting medical examination.
The temporary residence visa is valid for up to 5 years. and the permanent resident visa is indefinite.
It depends on the type of temporary resident visa you apply for. Please refer to “the requirement of residence time to apply for an Australian 888 visa” for more information.
Yes, you can accumulate time to meet the requirement.
Of course yes
No, each applicant needs to meet the requirement.
Please refer to the article: “Tips to successful Australian naturalization” for the details of all requirements.
A high immigration point is an advantage, but it does not determine how long the processing time would take. The only way for your application to be processed early is to make a ready-decided application.
The answer is no.
The answer is yes if you submit a valid application while you are in Australia.
When holding a subclass 188 visa, you are not entitled to have health insurance benefits in Australia. you need to buy health insurance for this period.
The dependent (child) needs to be under 23 years old at the time of visa decision.
Australia does not have a green card, but you can reside permanently in Australia when you hold a subclass 888 permanent resident visa.
Please refer to the requirement for each subclass for detailed information.
Of experiences
Of experience in immigration consultant service
By the Australian Government (MARA)
Of the Migration Institute of Australia (MIA)
Cases consulted
Successful applications
MR. PHONG CAO – vem’s ceo & founder
Mr. Phong Cao – aan immigration consultant licensed by the Australian government (MARA) advises that the number of entrepreneurs applying for an Australian immigrant investor visa has increased sharply over the years. However, the number of visa grants is still modest. Business/investment visa application is a complicated process that needs to satisfy both a state/territory and the DHA’s requirements.
To have your visa application process done professionally contact VEM. We will accompany you from the beginning:
