An eligible investment is funds which are earned through a regular source and for which you have proper evidence of you earning.
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What is the definition of eligible investments for Australia’s 188B visa?
I have been involved in the investment industry for two decades and hold several successful stocks in the U.S. and China stock markets. I am interested in applying for Australia’s 188B visa. However, it is not very clear to me what kind of investment experience is considered “eligible.” Please explain.
Answers
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"Eligible investments" for the purposes of the investor stream include: Ownership interests in a business; cash on deposit; stocks or bonds; real estate; gold or bullion; loan to a business. There is particular way that these materials and evidence must be prepared to suit the liking of immigration officers so that they can find it easier to understand and you will get your visa quickly.
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The requirements for an 188B investor visa are that the applicant has: had an overall successful record of eligible investment activity or qualifying business activity; has had a total of at least 3 years' experience of direct involvement in managing one or more qualifying businesses or eligible investments; and has demonstrated a high level of management skill in relation to the eligible investment or qualifying business activity; and, for at least one of the five fiscal years immediately before the time of invitation to apply for the visa, the applicant must personally either have maintained direct involvement in managing a qualifying business (with an ownership interest of at least 10 percent of the total value of the business), or else maintained direct involvement in managing eligible investments (owned by the applicant and/or their spouse) with a total net value of at least $1.5 million Australian dollars. An investment asset may be owned or partly owned by the applicant and/or their spouse/partner. However, if an asset is only partly owned, only that portion owned by the applicant and/or their spouse or de facto partner may be included in the calculations. An eligible investment asset is limited to being an asset owned “for the purpose of generating a return by way of income or through capital appreciation.” Returns may take the form of, but are not limited to, interest, royalties, dividends or rental, as well as capital appreciation. It follows that assets held for personal use, including the family home, are excluded.
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Under the subclass 188 investor stream (often referred to as 188B) you are required to make a designated investment of $1.5 million Australian dollars in a state/territory government bond for four years. There are no alternative options. If you want more flexible investment choices then you can consider the subclass 188 significant investor stream (188C), which requires $5 million to be invested in a complying framework comprised of $1.5 million in a share fund (emerging shares), $500,000 in a venture capital fund and $3 million in a managed fund. The $3 million managed fund is where you've got the most flexibility, as you can choose from a variety of investment options within the fund.
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In terms of subclass 188 investor stream visa, "eligible investments" are defined as owning a particular asset for the purpose of producing a return or form of income/capital gain, not for personal use. Examples are your ownership interest in a business, cash on deposit, stocks/bonds, real estate (that you are not residing in) or gold/silver bullion. You must have a minimum of three years in investment/trading experience and a successful record of your investment portfolio. If you are claiming business ownership in a concern that is speculative or passive in its operation, or nonprofit in nature, it will not be considered eligible. It must be a business for purpose of profit, or for provision of goods and services.
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