Tracyblanda16 Nov, 2020Legal
This investor stream is available to skilled and experienced investors or business operators looking to achieve permanent residency through investment in Australia. Eligible applicants are required to invest $1,500,000 in an interest bearing bond issued by an Australian State or Territory government authority. Maturity of the investment must not be less than 4 years from its date of issue. These investments are referred to as �designated investment� As is the case for all streams of Subclass 188 visas, applicants must be nominated by a State or Territory authority. The nominations are predicated on a separate points test and the specific criteria set by the relevant nominating authority.
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