A Business Premium Investor Visa (subclass 188D) is a short-term visa that allows investors to continue their business or investment activity in the country even after a provisional business visa has expired. Investors can invest up to AUD 15 million in an Australian premium institution. Speaking of which, in order to apply for this visa, you will require a nomination from Austrade.
You are permitted to engage in various investment activities in Australia during your four years and three months of residence. However, with a professional migration agent at your side, you may understand about your visa better. Asia Pacific Group has experienced and knowledgeable visa experts who will assist you with the complexities of a visa application.
Highlights
- For this visa, Austrade must nominate you.
- You have to have the means of invest AUD $15 million.
- You should not have a history of investing activities that the nation deems inappropriate.
- You need to be able to communicate in English at least at functional level.
- You have to fulfil the required standards for character and health.
- You must sign an Australian values statement with the Australian Authorities if you are eighteen years of age or older.
- You must not owe the Australian Government any money at this time.
- There should not be any history of cancelled or denied visa applications with the Australian government.
- For the duration of your stay in Australia, you must have sufficient health insurance
Key Eligibility Requirements
- First, you need to get a nomination from Austrade.
- Gather important documents that includes identity, health & character, significant investor, and dependent documents.
- Apply online through an Immiaccount.
- Cross verify status updates, health exams, biometrics, investments, or any immediate changes before application review.
- Authorities will decide on the application, providing details like visa grant number and starting date.
- If the visa is rejected, the authorities will provide an update and reason for the denial.