From July 1, 2021 the Complying Investment Framework (CIF) ratios will apply to Subclass 188 visas, both the Investor (requiring an investment of at least AUD$2.5 million) and the Significant Investor (requiring an investment of at least AUD$5 million) streams; 20 percent Venture Capital and Private Growth Equity funds (VCPE), 30 percent funds investing in emerging companies, 50 percent in balancing investments. Australian state or territory government agency or Austrade can nominate you, if you meet the above requirements for significant investor visa stream. For the investor visa stream, the Australian state or territory government agency can nominate. All complying Significant Investments must be provided by an Australian Financial Services (AFS) licensed manager domiciled in Australia. Fund managers must be independent of the applicant, the applicant’s spouse or de facto partner, and any associate (within the meaning of the Corporations Act 2001) of the applicant. You should seek professional financial and investment advice to fully understand your investment options. You may use the government’s MoneysmartFinancial Advisers Register to check your financial advisor holds the appropriate registration.
What is the process for a foreign national to get nominated by Australian trade bodies like Austrade for the purpose of getting an investor visa?
What documents would I need for this process? Also, can I do this process after I get the visa and I'm in the country?
The previous 188D Visa allowed for the nomination of the investor applicant by Austrade. However, the 188D Premium Investor visa has been discontinued. Now, as a first step, applicants must apply for the state/territory nomination for the 188B Visa - Investor stream and the 188C Visa - Significant Investor stream.
Austrade is the nominating body for only one business/investment stream: the Subclass 188 Significant Investor visa. This is a AUD$5,000,000 investment visa and you must be able to show you have legally earned or acquired these funds; documents will vary depending on how you have obtained these funds and whether you have the current funds in cash or assets that will be sold to make the investment. The application for this visa can be made in Australia (or outside of Australia).