Victoria 188B & 188C nomination now open

On 14 September 2021, the Victorian government has opened their visa nomination for 188B and 188C visas. For the 2021-22 migration year, there are now a number of changes for these visa nomination as below:

Investor (188B)

• Complying investments of A$2.5million (held for the duration of the provisional visa)
• Minimum SkillSelect points score of 80
• No requirement to make any additional investments
• No requirement to invest in Designated Investment Bonds
• All complying Venture Capital and Private Growth Equity funds (VCPE) investments must be made into Victorian based funds.

Significant Investor (188C)

• Updated Complying Investment Framework for complying investments of A$5 million (held for the duration of the provisional visa)
• All complying Venture Capital and Private Growth Equity funds (VCPE) investments must be made into Victorian based funds.

For more information about the 188B and 188C visas, please visit our respective webpages. Please contact us if you have any enquiries, and be sure to share our post.

Source: https://liveinmelbourne.vic.gov.au/news-events/news/2021/victorias-investor-and-significant-investor-streams-subclasses-188b-and-188c-visa-nomination-update