188B – Investor StreamThis visa will allow you to stay in Australia for up to 4 years and 3 months and you have the ability to apply for permanent resident (subclass 888) once you are eligible for the subclass. You are required to manage a business(at least 10% interest ownership) or investment with the value of AU$1.5M+. You need to have at least 3+ years of experience in managing eligible businesses or investments, you must show that you have had a history of a successful investment and demonstrated a high level of management skill. This subclass stream will involve a business EOI points test in which you will need to score 65+ points.
Personal Identity documentsHover or Click
You will need to prepare your personal identity documents such as passport, birth certificate, national ID, birth certificate, etc…
Investment DocumentsHover or Click
You need a statement stating the activity of your business or investment. Evidence that shows value and ownership of assets have to be submitted. You will need a sufficient funds to make an investment. You must have 3+ years of history in managing business.
Points Test DocumentsHover or Click
These will include the documents included in the points test criterias that you are claiming such as English level, qualifications, financial assets, etc…
English Language DocumentsHover or Click
You need to submit the English test report that shows at least a functional level of English.
Police CheckHover or Click
You need to submit a police check from every country that you have lived in for at least 12 months.
Form 80Hover or Click
You need to complete a form 80 and submit it to the department so that the department know better about your history, qualifications, and work experience.
Health CheckHover or Click
The department will request a health check and you will need to book a session of health check with the provided HAP ID.