Australian Residency by Investment: This is how you get it

Australian Residency by Investment: This is how you get it

/ / Business visas, Immigration to Australia, Our latest posts

australian residency by investment

Here’s the first thing to know about Australian residency by investment – you need to have at least AUD2,5 million to invest. For that investment, you’ll get a provisional visa that offers a pathway to permanent residence.

Let’s get some basic questions out of the way before delving into how to get residency by investment:

Can I get PR if I buy property in Australia?

No, buying a property in Australia does not secure someone Permanent Residence. You must invest at least AUD2,5 million. Even when doing so, you’ll only get a provisional visa, i.e. temporary residence. You will, however, be eligible to apply for PR after a certain number of years. To do so, you’ll have to meet the permanent residence requirements of the Investor stream.

How much do I need to invest in Australia to get PR?

You must invest at least AUD2,5 million for the Investor visa or at least AUD5 million for the Significant Investor stream. As explained above, however, you don’t automatically get permanent residence when investing in Australia.

Can you buy Australian citizenship?

No, you cannot. You’ll apply for Australian Residency by Investment through which you’ll first get a provisional visa and later permanent residence, if your applications are successful. Only once you have permanent residence will you be able to apply for Australian citizenship, provided you meet the criteria.

What is the Australian Investor visa?

We’re really glad you asked! Why is that? Because this is how you get Australian Residency by Investment. Or rather, you get residency through either the Investor stream or the Significant Investor stream.

This how it works:

The Investor and Significant Investor stream for Australian residency

The Investor stream and Significant Investor stream fall under Australia’s Business Innovation and Investment program. You’ll apply for a subclass 188 visa, which is a provisional visa. You can then apply for permanent residence after two years – if you meet the PR requirements!

Keep on reading for more information about each Investor stream, including the requirements and how application process works.

1. Investor stream:

To apply for a visa under the Investor stream, you must invest at least AUD2,5 million. This investment will put you on the path to residency and enable you to maintain business or investment activity in Australia.

What are the requirements?

To meet the requirements of the Investor stream, you must:

  • Be under the age of 55
  • Make an investment of AUD2.5 million in an Australian State or Territory
  • Score at least 65 points in the Business Innovation and Investment points test
  • Have net business, investment and personal assets of at least AUD2.25 million
  • Be nominated by an Australian State or Territory government agency before being invited to apply for this visa
  • Have directly managed one of the following for at least one of the five fiscal years immediately before receiving an Invitation to Apply:
    • a qualifying business in which you, your partner or you and your partner combined had at least 10% ownership interest, or
    • an eligible investment of at least AUD2.5 million owned by you, your partner or you and your partner combined
  • Have the right experience, which means having:
    • at least 3 years’ experience managing one or more qualifying businesses or eligible investments
    • a successful record of eligible investment or qualifying business activity
    • demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity
  • Have a genuine intention to live for at least two years in the State or Territory in which you have made the investment application.
  • Meet the English language, health, and character requirements

What is an eligible investment?

An investment is eligible if you own it for the purpose of producing a return in the form of income or capital gain, and not for personal use. Acceptable investments include:

  • Ownership of a business;
  • Cash on deposit;
  • Stocks or bonds;
  • Real estate; or
  • Gold or silver bullion.

What is a qualifying business?

A qualifying business is operated for the purpose of making profit by providing goods and/or services to the public. It is not operated for the purpose of speculative or passive investment.

How should you make the investment?

You must invest at least AU$2.5 million in a government security in the State or Territory that nominates your application, using unencumbered funds accumulated from your qualifying businesses or eligible investments. You must be prepared to hold this investment for at least four years.

Your family can join you too

You can include members of your immediate family unit in your Investor visa application. Any family members that you include must meet the Australian health and character requirements!

2. Significant Investor stream:

Just like the Investor visa, the Significant Investor visa is a provisional visa that offers a pathway to Australian residence. Furthermore, you can also include your immediate family in your Significant Investor visa application.

There are three major differences between the Investor and Significant Investor streams though:

  • The Significant Investor stream requires an investment of at least AUD5 million in Australian investments
  • There are no age limits on the Significant Investor stream
  • You don’t have to do a points test for the Significant Investor stream

What are the requirements?

To apply for a visa under the Significant Investor stream, you must:

  • Invest at least AUD5 million in complying significant investments in Australia, and have a genuine intention to hold that investment for at least 4 years
  • Be nominated by an Australian State or Territory government agency or Austrade before being invited to apply for this visa
  • Have a genuine intention to live in the State or Territory whose government agency nominates you
  • Meet the English language, health, and character requirements

How should you make the investment?

You must invest at least AU$5 million into a complying significant investment in Australia and hold it for at least four years. The investment must be made:

  • Directly in your name or in the names of you and your spouse/de facto partner together; or
  • Through a company in which you – and your spouse or de facto partner, if applicable – own the total amount of issued shares, or
  • Through a valid trust for which you are the trustee – or you and your spouse or de facto partner together – and you are the beneficiary, or you and your spouse or de facto partner together.

What is a complying significant investment?

These are investments in:

  • Commonwealth, state or territory government bonds; or
  • Eligible managed funds; or
  • Direct investment into private Australian companies, in which you have an ownership interest.

Here’s how the application process works…

If you wish to apply under either Investor stream, you must first lodge an Expression of Interest. If this is successful, and you are nominated by a state or territory, or Austrade, you’ll get invite to lodge an application for a visa.

When the Department of Home Affairs is ready to approve your visa application, you’ll get an invite to make your investment. Once you’ve made your investment and your visa application has been approved, you’ll be granted a provisional visa. This provisional visa is valid for up to four years and three months.

Once you’ve held your provisional visa for at least two years, you’ll be eligible to apply for permanent residence under the subclass 888 Business Innovation and Investment visa.

The subclass 888 visa does, however, come with its own set of requirements. For instance, you must have been in Australia on the 188 subclass visa for a total of at least 2 years in the four years immediately prior to lodging your permanent residence application.

Find out if you qualify to apply for Australian residence by investment

Want to know if you quality for apply for Australian residence under either Investor stream?

Simply book a consultation call with us! You’ll speak directly with a licensed advisor who will assess your eligibility, advise on your visa options for Australia, and explain the immigration process to you.

You’ll walk away from the call knowing exactly how to proceed with your immigration!

Sign up for our monthly newsletter

You'll get immigration advice and be the first to know about visa changes.

Return to our blog

TOP