You must be under 55 at the time of application.
You must score at least 80 on the Department of Home Affairs’ points test in SkillSelect.
The SkillSelect points score requirement may vary throughout the year, to reflect the calibre of competition in the market.
Live in Victoria
You must have a genuine intention to live in Victoria for at least 2 years while you hold this visa.
Investment in Victoria
You must make a complying investment of at least A$2.5 million.
Complying Investments in Victoria
You must make a complying investment of at least A$2.5 million (held for the duration of the provisional visa). This will comprise of:
- 20 per cent in eligible Victorian Venture Capital and Private Growth Equity funds (VCPE) investing in start-up and small private companies (A$500,000)
- Note: this must be invested in eligible Victorian Venture Capital funds.
- 30 per cent in eligible managed funds or Listed Investment Companies (LICs) that invest in emerging companies (A$750,000)
- 50 per cent in balancing investments in managed funds or LICs that invest in eligible assets, including Australian listed securities, eligible corporate bonds or notes, annuities and real property (A$1.25 million).
All complying investments must demonstrate contribution to the Victorian economy.
Commitment to Victoria
State nomination cannot be transferred from one state to another. If you receive Victorian nomination, you must live and invest in Victoria.
You and your family cannot live in other states or territories of Australia.
188B Investor Visa
Australian Investor Visa
188B NSW | 188B VIC | 188B QLD | 188B SA | 188B WA