Advantages of the SIV 188 visa:

• • No upper age limit,
  • No English Language requirement,
  • No Points Tests
  • Provides for at least 2 Extensions – of 2 years each (if extension requirements are met)
  • Lower residence requirement (40 days per year for main applicant or 180 days for spouse) to apply for the 888 Permanent visa.

Benefits:

• Temporary Residency: The Subclass 188C Visa initially grants temporary residency for the primary applicant, their partner, and dependent family members.
• Work and Study Rights: Visa holders have the freedom to work and study in Australia.
• Access to Medicare: Depending on the agreements between Australia and the applicant’s home country, limited access to Australia’s public healthcare system, Medicare, may be available.

• Visa Conditions:

  • Visa holders must adhere to the investment terms and conditions, including maintaining their investment for the required period.
  • Compliance with Australian laws and regulations is mandatory.
  • Visa holders must continue their involvement in business and investment activities in Australia.