Investor Visa 188B
Investor Business Visa is a temporary Visa for 4 years, nominated by Australian Government. To apply for the Visa, it is important to have a high level management skills and successful record of running business. Further, if you wish to apply for permanent residency from Investor Visa, make sure you have an investment in the country for last 4 years and the applicant must have Subclass 188A visa for at least 2 years. Anyone can apply for the Visa; no matter you are in Australia or out of Australia. If you are an Australian, you must hold appropriate Visa.
Criteria for applying 188B Visa
- - An applicant must have investment of 1.5 million AUD in State or Government Bonds
- - Before you apply for the Visa, you are supposed to show net family assets of 2.25 million AUD for last 2 fiscal years.
- - You have to pass the business and innovation test
- - An applicant should be less than 55 years old.
- - If it is a combined business, an applicant must have at least 10% ownership interest for at least 1 to 5 fiscal years.