Considering immigrating to Australia? If you have a substantial amount of capital in your position, you could be eligible to gain entry into the country as an investor through one of three different investor visa streams. Here is what you need to know.
There is only one investor visa, which is called the Business Innovation and Investment (Provisional) visa (subclass 188) and is essentially a provisional visa which, in certain instances, can be upgraded to a permanent residency visa. While there is one specific visa, there are three separate investor streams, each of which offers different benefits and has different entry requirements. The streams are as follows:
There are two stages that you will need to move through regardless of which stream you qualify for: pre-qualification and investment.
In order to qualify for an Australian investor visa, you will need to be under the age of 55 – that is, unless you qualify for the premium investor stream, for which there is no age limit. Furthermore, you will need to prove that you have the correct amount of net assets. The amount varies from stream to stream; however, the minimum amount is $AUD2.25 million. You will also need to have a specific net value of investments, with the minimum amount being AUD1.5 million. This net value of investments can be spread out across several types of investments, such as bonds, property, and shares.
Finally, you will need to put forth a designated investment of a minimum of $AUD1.5 million.
There are a number of important Australia immigration changes set to take place in 2020. For example, if you have entered Australia and invested the minimum amount of $AUD1.5 million, you may be required to invest more.