1.188B reform content
Investment amount:
The investment amount of 188B will be changed from the original 1.5 million Australian dollars to the investment amount of 2.5 million Australian dollars.

Visa duration:
The visa duration is adjusted from the original 4 years and 3 months to 5 years

waiting time:
After being approved, the waiting time is adjusted from the original 4 years to 3 years to apply for 888B.
Need to meet investment compliance requirements (The Complving Investment Framework, CIF)

2.188C reform content
Investment ratio:
The investment amount of 188C remains unchanged, still AUD 5 million

However, the investment ratio has been adjusted:
● Balanced investment:
Adjusted from the original 60% to 50%, that is, adjusted from 3 million Australian dollars to 2.5 million Australian dollars

● Venture capital and development private equity funds
The ratio will increase from the original 10% to 20%, that is, the original 500,000 Australian dollars will be adjusted to 1 million Australian dollars;

● Small market capitalization and developing listed companies
30% of the investment amount remains unchanged, that is, it remains at 1.5 million Australian dollars

Visa duration:
The visa duration is adjusted from the original 4 years and 3 months to 5 years

waiting time:
After being approved, the waiting time is adjusted from the original 4 years to 3 years to apply for 888C to meet investment compliance requirements (The Complying Investment Framework, CIF)

3.After July 1, 2021
Summary of other investment immigration visa reforms

188A: The personal net worth requirement is increased to A$1.25 million, and the annual turnover requirement is increased from A$500,000 to A$750,000
188D: Close
188E: The 200,000 investment capital requirement is canceled, but state government guarantees are required
Class 132: Close all