The 188C visa is a temporary residence visa issued by the Australian government in order to attract applicants who can make great investment contribution to the Australian economy and to provide funding for projects which are significant in the whole country.
Australian business investment 188C class
● Suitable for people with large amount of net assets. No requirement in age, education background, language level, no requirement in scoring;
● The requirement on staying in Australia is loose. The applicant can obtain permanent residence by staying in Australia up to 160 days in 4 years;
● Fast processing speed, one applies, the whole family immigrates, children can freely enjoy public education.
Project introduction
The 188C visa is a temporary residence visa issued by the Australian government in order to attract applicants who can make great investment contribution to the Australian economy and to provide funding for projects which are significant in the whole country.
The visa is suitable for people with large amount assets, high income. People can immigrate to Australia fast only if they invest AUD 5million in the field required by policy.
Immigration advantage
● Suitable for people with large amount of net assets. No requirement in age, education background, language level, no requirement in scoring;
● The requirement on staying in Australia is loose. The applicant can obtain permanent residence by staying in Australia up to 160 days in 4 years;
● Fast processing speed
● One applies, the whole family immigrates, children can freely enjoy public education.
Application Conditions
Applicants have personal assets no less than AUD 5 million
Need to be nominated by the state or territory government or the Australian Trade and Investment Commission
Invest at least AUD 5 million to the required investment areas:
Invest at least AUD 500,000 to Australian venture capital or private equity products
At least 1.5 million to Small Business or small businesses listed on the Australian Stock Exchange (ASX)
Up to 3 million & ldquot; balance investment & quot; to management fund or investment to other products meeting requirements, including companies listed on the Australian Stock Exchange, listed investment companies in bonds or promissory notes of company, annuities and real estate (residential property with 10% limit)
1. Scoring requirement: No need
2. Age: no requirement
3. Investment amount: AUD 5million
4. Investment form:
1) A bond issued by the federal government or state government
2) Fund managed by the Australian Securities Investment Commission
3) Australian private companies not listed on the Australian Stock Exchange
5. Assets: above AUD 5million
6. Experience: Business management, investment experience
Project Flow
1. Preliminary assessment
2. Sign the proxy service agreement
3. Submit EOI in Skillselect system
4. Formulate a business plan, apply for and obtain state government guarantees
5. Obtain invitations from the immigration office
6. Audit and asset evaluation
7. Submit immigration application
8. Go to Hong Kong for interview
9. Physical examination and conduct investigation
10. visa approved
11. landed in Australia, home service
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