Guide to Obtaining an Australian PR through Investment as an Indian Citizen

Introduction to Australian PR through Investment for Indian Citizens

For Indian citizens looking to make a new life in Australia, obtaining permanent residency (PR) through investment presents a viable and attractive option. This guide outlines the procedures for both the primary applicant and the family members such as the spouse and dependent parents. Additionally, we will explore the different investment visa options and the criteria you need to meet.

Investment Visa Options for Indian Citizens

Australians offer several investment visa options, catering to various profiles and investment capacities. As an Indian citizen, you can choose from the 188 Investment Stream or the 132 Significant Investor Stream. Each route has its own specific requirements and benefits.

188 Investor Stream

The 188 Investor Stream visa is a staged approach where the applicant must first be granted a 188 provisional visa before applying for permanent residency (PR) under the 888 stream.

Eligibility: Applicants must have a successful investment history. Investment Requirement: A minimum of AU$1.5 million is to be invested in state government bonds for a period of four years. Permanent Residency: After four years, the investor can apply for PR under the 888 stream, subject to meeting certain conditions such as maintaining the investment.

132 Significant Investor Stream

The 132 Significant Investor Stream visa imposes a lower financial requirement and does not necessitate a successful investment history.

Eligibility: Applicants need to demonstrate the source of funds and have at least AU$5 million available. Investment Requirement: A minimum of AU$5 million must be invested into managed funds or venture capital for a period of four years. Permanent Residency: No specific state government bond requirement, but the applicant must still meet the PR eligibility criteria post four years.

Business Visas Permanent Residency

Besides the investment routes, there are several business visas available, which can lead to PR:

188 Business Visa (Provisional): A step towards PR through business activities in Australia. 132 Business Visa (Provisional): A more direct route to PR, suitable for high-value investments. 888 Business Visa (Permanent): PR visa for those who have established a business and demonstrated employment creation.

To transition from a provisional visa to a permanent residency visa, the applicant must establish a solid business presence and meet the PR eligibility criteria.

Key Requirements for Indian Citizens

Whether applying through an investment or business stream, there are several key requirements that an Indian citizen must meet:

Strong Business Plan: A robust business plan is essential, outlining how the business will contribute to the Australian economy. Adequate Capital: A significant capital of at least AU$500,000 is required to start the business, which must be able to create employment for Australian citizens. Character and Immigration Background: There must be no criminal records in any country where the applicant has lived. Positive Contribution to the Australian Economy: The business must bring value and employment to the Australian community.

Get Expert Assistance

Navigating the complexities of the Australian immigration system can be challenging. Consulting with a registered migration agent or the Department of Home Affairs can provide valuable guidance and support. They can help refine your business plan and ensure you meet the stringent requirements for PR.

In Conclusion

Obtaining Australian PR through investment is a significant endeavor, but with the right planning and compliance, it can be a smooth and rewarding process. Whether through the 188 or 132 investment streams, or any of the business visas, the key is to have a solid business plan that brings value to the Australian economy.

If you're an Indian citizen and looking to make a new life in Australia, consider the options outlined above and take the first step towards securing your future in this vibrant and prosperous nation.