Oceania

Australia Significant Investor Visa (SIV) - Subclass 188/888

Path to Australian permanent residence through AUSD 5.0M+ complying investment. High quality of life with access to world-class healthcare and education.

Program overview

Status: Discontinued
Minimum Investment: USD 5.0M
Established: 2012
Processing Time: 1-3 months
Schengen Access: No

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Investment options

Investment Funds

USD 5.0M

Citizenship requirements

Eligibility

After 4 years

Language

Not required

Test

Required

Key benefits

Travel to Australian passport very strong

Family inclusion

Spouse

Dependent children up to age 18

Tax situation

Income Tax: 0-45%
Foreign Income: Taxed
Capital Gains: 22.5%
Dividends: Imputation
Wealth Tax: None
Inheritance Tax: None

Tax Type	Default Rates
Income Tax	0-45%
Foreign Income	Taxed
Capital Gains	22.5%
Dividends	Imputation
Wealth Tax	None
Inheritance Tax	None

Program details

Program Ceased: The Business Innovation and Investment Program (BIIP), which included the Significant Investor Visa (SIV), was abolished in September 2024. The government cited concerns about economic impact, fraud, and national security.

When operational, the SIV required AUD 5M in compliant investments: AUD 500K in venture capital/private equity, AUD 1.5M in emerging companies funds, and AUD 3M in balancing investments. The program offered a pathway to permanent residency after 4 years with minimal physical presence requirements (40 days per year).

Refunds have been provided for withdrawn applications. Opposition Leader Peter Dutton has announced plans to revive the SIV if elected.

Alternative: The National Innovation Visa (subclass 858) remains available as a separate talent-based pathway for those with exceptional achievements in their field.

Interested in Australia's Significant Investor Visa (SIV) - Subclass 188/888?

Our advisors can guide you through the application process and help you evaluate if this program fits your goals.

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