Start your new life Down Under in 2020 with the
Australia SIV 188C Visa Program.

Australia 188C Significant Investor Visa Program 2021

The Ultimate Investor Guide

Looking to obtain Australian residency by investment in 2020? The Australia Significant Investor Visa (SIV) 188C enables foreign investors to gain permanent residency (PR) by making a minimum eligible investment of AUD 5 million (approximately USD 3,65 million) or ZAR 60 million. Find out more about the program’s benefits and eligibility criteria below, or contact us now for a free confidential consultation.

Introduced by the Australian Government on 24 November 2012, the Significant Investor Visa, also referred to as the SIV 188C Visa, provides a streamlined path for global entrepreneurs and high net worth foreign investors to obtain Australian permanent residency after 4 years.

Find out how you and your family can benefit below…

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The 188C Significant Investor Visa (SIV) at a glance

The 188C Visa Program is only open to applicants who have been nominated by an Australian Territory government or state. In order to be nominated, the applicant must lodge an Expression of Interest (EOI) through the Skill Select system. The 188C is a 4-year temporary visa, issued on the basis of the applicant having made an AUD 5 million investment in Australia.

Once this investment has been maintained for a minimum period of 4 years, the applicant can become eligible to apply for permanent residency through the Business Innovation and Investment (Residence) 888 Visa sub-class.

The 188C SIV stream offers a range of benefits to high net worth foreign investors. For starters, there is no age limitations, nor is English language proficiency required. Unlike with other Australian investor visas such as the 188A, 188B and 132 Visa streams, you also don’t need to hold any formal tertiary qualification.

Your 188C Visa application is not subject to a points-based test. You don’t need to have any business management experience, nor do you have to be actively involved in managing your investment. This makes the program a very attractive option for investors seeking a low-involvement, passive investment solution.

The processing time for the 188C Visa is also significantly faster than for the 188A, 188B and 132 SIV streams; the 188C is typically processed in around 12 months, compared to a period of 17 to 24 months for the other visa streams.

In contrast to the 132 Visa Program, the minimum investment period for the 188C Visa is 4 years, compared to 2 years.

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188c Visa program benefits

  1. A STREAMLINED PATH TO AUSTRALIAN PERMANENT RESIDENCY: Relocate to Australia, along with your family, with ease – work, live and study anywhere in Australia.

  1. QUALITY OF LIFE: Enjoy safety, security and exceptional quality of life in one of the world’s top performing developed economies.

  1. WORLD CLASS EDUCATION: Australia is globally renowned for its excellent standards of higher and tertiary education.

  1. FAMILY ELIGIBILITY: Both spouses and de facto life partners are eligible to be included as dependents under the primary investor’s application, along with dependent children up to the age of 23 years.

  1. NO UPPER AGE LIMIT FOR PRIMARY APPLICANTS: Unlike with the 132A Visa stream, there is no upper age limit for the SIV 188C Visa Program.

  1. FAST APPLICATION PROCESS: Obtain Australian investment residency in as little as 12 months.

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SIV Program investment requirements 2020 – 188C stream

The 188C Visa Program requires a minimum blended investment of AUD 5 million, to be held for a minimum period of 4 years. Our Australian investment service providers offer and end-to-end service to facilitate this in accordance with government requirements. The asset allocation must be made as follows:

  1. 60% in Balancing investment – AUD 3 million: This can include:

    • Commercial property

    • Corporate bonds

    • Australian Stock Exchange (ASX) listed equities

    • Cash (maximum 20% of the total allocation)

    • Real estate (maximum 10% of total allocation).

  2. 30% in Small Cap / Emerging Companies – AUD 1.5 million: This can include:

    • ASX listed and unlisted companies (maximum 20% of total allocation)

    • Market capitalisations < AUD 500 million

    • Foreign listed companies < AUD 500 million (maximum 10% of total allocation)

    • Companies with a market cap > AUD 500 million (maximum 30% of total allocation).

Please note that no single investment may be bigger than 10% of the net assets in this category allocation.

  1. 10% in Venture Capital or growth focused Private Equity (VCPE) – AUD 500,000: This complying investment must be made in AusIndustry registered entities, including:

    • Early Stage Venture Capital Limited Partnerships (ESVCLPs), or

    • Venture Capital Limited Partnerships (VCLPs), or

    • Australian Fund of Funds. 

Please note that no property and development or land ownership, construction finance, insurance, or passive investments are eligible for inclusion in this mandatory asset allocation.

 

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Additional program eligibility requirements

  1. MINIMUM AGE REQUIREMENT: Applicants must be at least 18 years or older at the date of application.

  1. MAKE AN ELIGIBLE INVESTMENT: A minimum complying investment of at least AUD 5 million, to be held for at least 4 years, is required.

  1. CLEAN SOURCE OF FUNDS: Applicants will be required to demonstrate that their source of funds is legitimate.

  1. CLEAN CRIMINAL RECORD: Applicants must have a clean criminal record, and must be of impeccable international standing.

  1. PASS COMPREHENSIVE DUE DILIGENCE: Extensive Anti Money Laundering (AML) and Know Your Customer (KYC) checks will be conducted during the application process. Applicants are not allowed to be Politically Exposed Persons (PEPs) and may also not be featured on any international criminal watch lists.

 

The 188c application process at a glance

STEP 1: Application Preparation: Initial service provider consulting takes place, and a needs assessment and eligibility assessment is conducted. 

STEP 2: Expression of Interest (EOL): A formal Expression of Interest is compiled and submitted. This mandatory step takes approximately 5 to 10 business days

STEP 3: Nomination: The process of nomination and being nominated by an Australian Territory government or state takes approximately 60 business days. 

STEP 4: Application Submission: Your application is submitted, and your eligibility assessed by the Australian immigration authorities.

STEP 5: Make Complying Investment: A Notification of Investment is issued, after which the mandatory blended investment must be made, and the investment structure is completed. Steps 4 to 5 typically take around 6 to 9 months to complete.

STEP 6: After 4 years, the SIV 188C Visa is granted, enabling you to apply for the SIV 188 permanent residency visa.

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Australian passport: Visa free countries list 2020

As of October 2020, Australian passport holders enjoy visa-free travel, or a visa upon arrival, to 153 countries around the world, including Albania, Austria, Belarus, Belgium, Bosnia and Herzegovina, Brazil, Canada, Cayman Islands, Colombia, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lithuania, Luxembourg, Monaco, Montenegro, Montserrat, the Netherlands, Norway, Portugal, Serbia, Slovakia, Slovenia, Spain, Switzerland, Ukraine, the United Kingdom, Mexico, the United States and Uruguay.

In addition, they also enjoy access to e-visas for an additional 35 countries.

Qualifying investments from AUD 5 million. Contact the Australia 188C Visa Experts today.

Simply complete the below form to get your 188C Visa application started today.

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