The 188B Visa – a unique and fascinating opportunity for you to explore the great business potential and enjoy the benefits of a thriving country. Visa 188B not only opens doors to your business growth, but also offers exceptional benefits and incredible support from the Australian government. With Visa 188B, you can experience an innovative and thriving business environment with a country with a stable and diversified economy.
PART 1 – STAGE 1: VISA 188B
Benefits of owning a 188B visa
- To carry out business and investment activities 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 188B visa
| CRITERIA | 188B |
| Point | 65 |
| Age | Under 55 years old |
| Be nominated | Nominated by an Australian State or Territory government agency |
| Qualifying business or eligible investments | For at least 1 of the 5 fiscal years immediately before you receive an invitation to apply (ITA), have directly managed:
– a qualifying business, having at least 10% ownership interest, or – eligible investments of at least AUD 2,5 million |
| Investment experience | Holding eligible investments of at least AUD 250,000 for not less than 4 years
|
| Total Assets | AUD 2,5 million |
| How | Complying significant investment of at least AUD 2.5 million
20% – Venture capital & growth private equity funds (start-ups and small private companies (VCPE) (AUD 500,000) 30% – Emerging companies listed on the Australian Stock Exchange (AUD 750,000) 50% – Balancing investment (AUD 1,25 million) Holding complying significant investments continuously for the life of your provisional visa. |
PART 2 – STAGE 2: VISA 888B
Benefits of owning visa 888B
- To stay in Australia permanently.
- To work and study in Australia.
- To enroll in Australia’s public health care program, Medicare.
- To sponsor relatives to come to
- To apply for Australian citizenship if
Conditions for applying for visa 888B
| PERMANENT RESIDENCY | 888B |
| Residence requirement | At least 2 years in the 3 years immediately before applying |
| Complying Significant Investment | Holding complying significant investments continuously for the life of the provisional visa |
Some risks of investing in Australia with visa 188B – 888B:
- 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
