Secure a State or Territory Nomination
What to do: Contact an Australian State or Territory government agency.
Purpose: Get nominated as a suitable investor under the SIV stream.
Submit an Expression of Interest (EOI) via SkillSelect
Platform: SkillSelect
Include:
- Personal and business background
- Investment intentions
- Nominated State/Territory
Receive Invitation and Lodge Visa Application
Time-sensitive: Once invited, submit the full visa application within the given timeframe.
Include:
- Detailed financial documents
- Source of investment funds
- Health and character assessments
- Proof of commitment to meet investment criteria
Make the Required Investment
Total amount: AUD 5 million
Investment structure:
- AUD 1 million: Into venture capital or private equity funds investing in Australian start-ups and small private companies
- AUD 1.5 million: Into managed funds investing in emerging companies on the ASX
- AUD 2.5 million: Into other approved investments (e.g., corporate bonds, balanced funds.
Undergo Security, Character & Health Checks
Standard requirements:
- Police clearance
- Health examinations for all family members
- Verification of source and legitimacy of funds
Fulfill Residency Requirements
Primary applicant: Must reside in Australia for at least 40 days per year
Secondary applicant (spouse): Alternative option is 180 days per year
Purpose: Demonstrate genuine connection and contribution to Australia
Apply for Permanent Residency (PR)
Eligibility:
- Maintain investment for minimum 4 years
- Meet physical stay requirements
- Comply with all visa conditions
Summary of Key Features
Visa Type: Subclass 188 – Significant Investor Stream
Minimum Investment: AUD 5 million
Pathway to: Permanent residency and potentially citizenship
Stay Requirement: 40 days/year (main applicant) or 180 days/year (partner)
