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188B New South Wales

Criteria
1) Department of Home Affairs visa criteria for the Business Innovation and Investment (Provisional) visa (subclass 188) – Investor stream.


2) Designated investment: You must provide a signed statement agreeing to make a designated investment with the NSW Treasury Corporation.


3) Age: You are aged less than 55 years of age at time of application.


4) Successful business/investment career: You must provide a full resume of your business or investment career and responsibilities demonstrating a successful business or investment career.


5) Net assets: If you are seeking to migrate to Sydney  for the two years immediately before the application is made, the net value of your (or your and your spouse’s) assets was at least A$3.0 million. If you are seeking to migrate to Regional NSW1  for the two years immediately before the application is made, the net value of your (or your and your spouse’s) assets was at least A$2.25 million


6) Availability of funds: You must provide evidence of the availability of funds for settling and living expenses for not less than one year.

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