Nomination Requirements
If you wish to apply for a SIV Subclass 188 Visa, you must be nominated by an Australian State or Territory government agency or Austrade before being invited to apply. The State or Territory government agency or Austrade that nominates you must not withdraw their nomination after you apply, or Immigration will be unable to grant you a visa.
Humble Goode Financial can assist you at this stage by connecting you to highly skilled migration agents, who can assist with your application and expression of interest.
Investment Requirements
If you were invited to apply on or after 1 July 2021, you must make (on or after the time of application for this visa), a complying significant investment of at least AUD5 million and have a genuine intention to hold that investment for the life of your provisional visa. It must be invested in the following proportions:
at least AUD1 million in venture capital and growth private equity funds which invest in start-ups and small private companies
at least AUD1.5 million in approved managed funds. The managed funds must invest in emerging companies listed on the Australian Stock Exchange
a ‘balancing investment’ of at least AUD2.5 million in managed funds
The managed funds can invest in a range of assets, including companies listed on the Australian stock exchange, Australian corporate bonds or notes, annuities and commercial real estate.
Direct investment in residential real estate is prohibited. Indirect investment in residential property through managed funds is strictly limited.
We have expertise in helping create well diversified investment portfolios that comply with the strict frameworks for SIV 188 Visas, and can explain all important concepts in terms you understand.