How much does Australian investment immigration actually cost? There are five immigration programs under the Australian 188 investment immigration category, each with different application requirements, target investor groups, and investment cost requirements. To address this, the editors at WorldWay will introduce these five programs for your reference.
1. 188E requires investment from a third party
The 188E visa is an investment immigration visa newly introduced by the Australian Department of Home Affairs in September of this year. Applicants must have a business idea that is innovative and must be able to secure an investment contract worth over 200,000 AUD from a designated third-party institution. The 188E visa is currently the only Australian investment immigration program with an English language requirement; overseas individuals intending to submit an immigration application must achieve a score of 6 in each band of the IELTS test.
2. 188D visa: Australia's most expensive visa
The 188D visa, also known as the PIV visa, is the abbreviation for Australia's Premium Investor Visa and is the most expensive investment immigration program in Australia's history. As long as applicants can invest 15 million AUD in a designated investment framework, they are not required to meet residency obligations or conduct business in Australia. They can obtain Australian permanent residency for their entire family in as little as one year. However, applications are not currently open in China.
3. 188C visa: 5 million AUD investment immigration program
The 188C visa is also known in the industry as the Australian 5 million AUD investment immigration program. It is the Australian immigration visa with the simplest application requirements and is the most popular among wealthy Chinese individuals. As long as applicants can invest 5 million AUD in compliant projects, they can immigrate to Australia with their entire family in less than a year and obtain Australian permanent residency after four years.
4. Australian 188B visa requires 1.5 million AUD
For investors with almost zero business experience but a successful investment background, as long as the applicant meets various conditions and invests 1.5 million AUD in state government bonds, they can meet the requirements.
5. Australian 188A visa: Lowest investment requirement
The Australian 188A visa is the investment immigration program with the lowest threshold and the highest number of applicants in Australia. It requires small and medium-sized business owners who have a successful business background and hold 30% of the shares in a domestic company to invest at least 200,000 AUD to start a business in Australia and be responsible for its daily management to immigrate to Australia.