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Start your business or invest in Australia
This provisional visa is for people who invest at least AUD5 million in Australian investments that meet certain requirements and maintain investment activity in Australia.
The Significant Investor visa is a 4 year visa for people willing to make an AUD 5 million investment in Australia. It is one of the streams within the Subclass 188 Business Innovation and Investment visa.
This is a 4 year temporary visa. Once you have maintained an investment in Australia for 4 years, you can apply for permanent residence through the Business Innovation & Investment (Residence) Subclass 888 visa.
You will need to spend at least 40 days per year in Australia on your Significant Investor visa for the last 4 years, and be sponsored by a state or territory government to qualify for a permanent subclass 888 visa. A 2-year extension is possible, and you can extend your SIV two times.
You must be genuinely committed to:
You can extend your stay for another two years under the significant investor stream. You can also apply for the extension stream twice and get the highest eight years of validity on your provisional visa. To apply and be eligible for extension stream, you must: