Australia is a country with a multi-sector economy, ranging from sectors such as finance, real estate, tourism, renewable energy to the technology and science sectors. With the 188C Visa, you will have the opportunity to explore a thriving and innovative business environment, while also investing in potential industries and growing your business with a country rich in resources and development potential.
PART 1 – STAGE 1: VISA 188C
Benefits of holding a 188C visa
- To carry out investment activity in Australia
- To stay in Australia for up to 5 years.
- To bring eligible family members.
- To apply for a permanent visa (Subclass 888) if certain requirements are met.
Conditions for applying for a 188C visa
| CRITERIA | 188C |
| Point | Not required |
| Age | Not required |
| Be nominated | Nominated by an Australian State or Territory government agency |
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| Total assets | Very high |
| How | Complying significant investment of at least AUD 5 million
20% – Venture capital & growth private equity funds (start-ups and small private companies (VCPE) (AUD 1 million) 30% – Emerging companies listed on the Australian Stock Exchange (AUD 1,5 million) 50% – Balancing investment (AUD 2,5 million) Holding complying significant investments continuously for the life of your provisional visa. |
PART 2 – STAGE 2: VISA 888C
Benefits of holding an 888C visa
- To stay in Australia permanently.
- To work and study in Australia.
- Toenroll in Australia’s public health care program, Medicare.
- To sponsor relatives to Australia.
- To apply for Australian citizenship if
Eligibility for 888C visa
| PERMANENT RESIDENCY | 888C |
| Residency Requirements | 40 days/year (Main applicant) or 180 days/year (spouse or de facto partner)
(have a genuine intention to live in the State or Territory whose government agency nominated) |
| Maintain investment | – Must hold complying significant investments continuously for the life of your provisional visa.
– Continue business and investment activity in Australia after your visa ends; |
Some risks of investing in Australia with visa 188C – 888C:
- Risks of the form of investment:
- Selection of inexperienced funds and fund management units; unsafe, high-risk funds; the fund does not meet the requirements of Immigration Australia.
- Risks of documents and documents:
- The applicant submits missing documents
- Unsatisfactory documents and documents of the Immigration Department
- The applicant provides, enters false information
Coming to BCCM, customers do not need to worry about the risk of paperwork and visa application procedures. BCCM International Co., Ltd. has a team of lawyers with many years of experience and working in immigration-related fields. We are one of the experts in the field of Business & Corporate Consulting, Legal – Litigation, Immigration and International Transactions. For detailed advice on investor-business visas and permanent residency opportunities in Australia, please contact us:
BCCM International LLP.
Address: 2-6 Phung Khac Khoan, District 1, Ho Chi Minh City, Vietnam.
Tel: +84-28-3521-2535 | Fax: +84-28-3521-2536
Email: CMS@bccm.vn
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