Significant Investor Visa (Subclass 188C）
Significant Investor Visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
Significant Investor Visa (Subclass 188C）
Advantages of the SIV 188 visa:
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- 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.
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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.
188C Visa Application Process:
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