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A permanent visa that lets you continue investment and business activity in Victoria.

Cost: No fee

Nomination processing time: 10 business days

Read the Supporting information page for more information.


To be eligible to apply for Victorian Significant Investor stream (subclass 888C) visa nomination, you must:

If you are applying for Victorian nomination for the subclass 888 visa, you must meet the requirements at the time you were nominated by the Victorian Government for your subclass 188 provisional visa.

The table below outlines the requirements you must meet:

DATE NOMINATED

CORE NOMINATION CRITERIA

1 July 2021 – 30 June 2023

  • $5 million in Complying investment:
  • $1 million (20%) in Victorian Venture Capital and Private Growth Equity Funds investing in start-up and small private companies. This must be invested in eligible Victorian Venture Capital funds, and
  • $1.5 million (30%) in eligible managed funds or Listed Investment Companies (LICs) that invest in emerging companies, and
  • $2.5 million in balancing investment in managed funds or LICs that invest in eligible assets, including Australian listed securities, eligible corporate bonds or notes, annuities and real property.
  • Commit to live in Victoria. Applicant and family cannot live in other states or territories.

1 November 2020 – 30 June 2021

  • $5 million in Complying investment:
  • $500,000 (10%) in Venture Capital and Growth Private Equity funds which actively sourced investments in Victoria or the VCPE fund provider maintained an office in Victoria, and
  • $1.5 million (30%) in emerging companies with Victorian investment included in the chosen investments or the managed fund provider maintained an office in Victoria, and
  • $3 million (60%) in balancing investment with Victorian investment included in the chosen investments or the managed fund provider maintained an office in Victoria.
  • Commit to live in Victoria. Applicant and family cannot live in other states or territories.

1 July 2015 – 31 October 2020

  • $5 million in Complying investment:
  • $500,000 (10%) in Venture Capital and Growth Private Equity funds which actively sourced investments in Victoria or the VCPE fund provider maintained an office in Victoria, and
  • $1.5 million (30%) in emerging companies with Victorian investment included in the chosen investments or the managed fund provider maintained an office in Victoria, and
  • $3 million (60%) in balancing investment with Victorian investment included in the chosen investments or the managed fund provider maintained an office in Victoria.
  • Residence requirement: At least 50% of time spent in Victoria (while in Australia).

Earlier than 1 July 2015

  • $5 million in Complying investment:
  • $5 million (minimum of $1.5 million) in TCV bonds over four years, or
  • $5 million (minimum $1.5 million) in a Victorian based complying private company, or
  • $5 million into a complying managed fund with Victorian investment included in the fund’s chosen investments.

To apply for Victorian Significant Investor stream (subclass 888C) visa nomination you must:

  1. Prepare your evidence to support your application.
  2. Review the Supporting Information.
  3. Submit a nomination application via the Live in Melbourne portal.
    1. Respond to any requests for further information within 2 weeks.

After you apply

  1. The Skilled and Business Migration Program will assess your application.
  2. We will email you if we require more information to support your application. You must respond within two (2) weeks.
  3. We aim to finalise all applications within 10 business days.

Once you are nominated

  1. You and your agent will be notified of our decision by email.
  2. Submit your visa application to the Department of Home Affairs within 90 days.
  3. Keep your contact details up to date so we can provide you important services.
    • We have a dedicated Relationship Management team that may contact you to assist you to navigate the Victorian business environment.
  4. Comply with your Victorian nomination obligations for subclass 888.

In your application, you will need to provide the following documents to show you meet the requirements:

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