Requirements

General requirement

• Applicants must meet health and character (police clearance) requirements.

Business Innovation Stream - 188A

• Under 55 years of age.
• Score 65 on points test (see point test table).
• Own business with minimum AUD500,000 turnover for 2 out of the last 4 financial years.
• Net business and personal assets of AUD800,000 available to transfer to Australia.

Investor Stream - 188B

• Under 55 years of age.
• Score 65 on points test (see point test table).
• Have at least 3 years of experience managing businesses and/or investments.
• Net business and personal assets of AUD2.25 million.
• Make a designated investment of AUD1.5 million in government securities.

Significant Investor Stream - 188C

• Net personal and business assets of AUD5 million.
• Make significant investment into the following:

• At least AUD500,000 into venture capital & growth private equity.
• At least AUD1.5 million into approved managed funds investing in emerging companies listed on the Australian Stock Exchange.
• At least AUD3 million into managed funds that invest into a range of assets.

Premium Investor Stream - 188D

• Nominated by Australian Government, must invest AUD15 million into a range of assets.

Entrepreneur Stream - 188E

• Acquired AUD200,000 investment from Australian Government agencies into applicant’s Complying Entrepreneur Activity.