SUBCLASS 188C/888C
SIGNIFICANT INVESTOR STREAM (SUBCLASS 188C)
GENERAL CONDITIONS
The applicant and applicant's partner must have had no history of involvement in business or investment activities that are of a nature that is not generally acceptable in Australia.
The applicant and members of the family must meet the requirements in accordance with the interests of Australian society.
Must be nominated by an Australian State or Territory government agency or Austrade.
BENEFITS
Carry out business and investment activity in Australia during the provisional visa period.
Bring eligible members of the applicant's family to Australia.
The applicant’s children under 18 years old can enjoy tuition fee exemption/reduction at Australian public schools from grade 1 to grade 12.
Free English course up to vocational English equivalent.
ELIGIBILITY
The applicant must make a complying significant investment of at least A$5,000,000 and have a genuine intention to hold that investment for the life of the provisional visa.
The applicant can stay in Australia for up to 5 years (can apply for additional 2 years extension)
SIGNIFICANT INVESTOR STREAM (SUBCLASS 888C)
BENEFITS
Permanently settled in Australia.
The applicant’s eligible family is also allowed to become permanent residents.
Have an opportunity to apply for dual citizenship - Australian & Vietnamese.
Receive most of the rights and entitlements of an Australian citizen, except for voting rights and work in the Australian Government.
ELIGIBILITY
The applicant must have held a Business Innovation and Investment (Provisional) visa (subclass 188) in the Significant Investor stream for a continuous period of 3 years.
The applicant must be in Australia for at least 40 days/year (120 days/3 years) or the spouse must be in Australia for at least 180 days/year (540 days/3 years).
The applicant must have made a complying significant investment of at least A$5,000,000 and have held that investment for the life of the provisional visa.
Other services
Success STORY
CONGRATULATIONS TO MR. LE'S FAMILY ON BEING GRANTED VISA 888A - PROPERTY DEVELOPMENT BUSINESS IN NSW
In pursuit of guidance, Mr. Le turned to Mr. Long Phan, placing trust in his extensive experience in immigration and profound understanding of Australia's business landscape. Understanding Mr. Le's concerns, Mr. Long Phan developed a reasonable roadmap for him to obtain Permanent Visa 888A, tailored to fit the property development business model that Mr. Le had chosen.
CONGRATULATIONS TO MS. BẢO'S FAMILY ON BEING GRANTED A 188A TEMPORARY RESIDENCE VISA - BUSINESS INNOVATION STREAM WITH NEW CONDITIONS AFTER 01/07/2021
As previously reported, starting from 01/07/2021, the Australian Department of Home Affairs has made changes to the conditions for the Business Innovation and Investor Visa (188/888) streams, marking a new chapter in the Australian immigration program with stricter criteria for the 188A/888A visa stream, such as:
CONGRATULATIONS TO MR. HOÀNG'S FAMILY FOR SUCCESSFULLY FULFILLING THE COMMITMENTS OF THE 132A VISA - BUSINESS TALENT STREAM IN NEW SOUTH WALES.
Accompanying Mr. Hoàng from the initial steps of the 132A visa journey from Vietnam to Australia and throughout the business operation period, Australian Migration Advisor Long Phan continued to be honored to support Mr. Hoàng during the 132A Monitoring Survey process. Since the 132A visa grants direct permanent residency, both the Australian Government and the state set very high standards for the business plan's conditions and quality. For example, New South Wales requires a minimum investment of AUD $1 million and the employment of three local staff in the Regional area.
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