188B – 888B
A popular Australian Residence by Investment Program. Low risk with Passive investment into safe & stable Government Bonds.
Either: 10% Ownership of Business
Or: Managed $2.5m Investments
Minimum 3 Yrs Management (either business or investments)
Own and manage property included.
Children under 23 years
Legally Acquired Assets
Prove at least A$2.5m
Transfer A$2.5m to Fund
Invited after 1 July 2021
Live in Australia for 2 years out of 3 years
Held the A$2.5m investment for 3 or 5 years,
depending on State Nomination requirements
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FAQ ( Frequently Asked Questions )
JADE is led by My Linh Pham and Michael Cradock. My Linh Pham was the Victoria Government’s first Head of Significant Visa for 2014-2016. Michael is an immigration legal advisor and ex-KPMG audit consultant. JADE is joined by a team of experienced immigration legal advisors and together JADE has 100% success rate of Business & Investor visa grants to Australia.
Each of the four (4) main business and investor visas to Australia requires the visa applicant to show (1) they made money in their home country through lawful methods; and (2) the net value of the business and personal assets of the applicant or the spouse or of both together must be at least – in the case of 188B is A$2.5m of which all A$2.5m is readily available to transfer to Australia. JADE has a team of legal, tax and accounting staff and contractors to help understand the way you made money in property, business and through other sources.Customers choose us because of our comprehensive approach to proving the maximum Source of Funds.This helps with future investment opportunities to invest larger capital amounts in Australia, with the correct permissions.
Towards the end of your visa processing, you will get a request from the Department of Home Affairs to evidence you have made the Complying Significant Investment of A$2.5m. You will have a short time period to make that transfer. For countries with outbound capital restrictions this short time period can become a problem. Therefore, please speak to JADE experts to carefully plan ahead for this transfer.
The most common reason for visa refusal is a poorly presented case for the source of funds that have been legally acquired and available to transfer to Australia. The Department of Home Affairs case officers who assess visa applications have access to resources and consultants who can advise them on many things related to business and investment laws.Setting out a clear case in writing for how you have legally made money is a skill.Fortunately, JADE has the right team with a proven capability to help even in the most complicated of cases.
JADE offers customers a COMPLETE IMMIGRATION PLAN.Obtaining Permanent Residence to Australia is only one of the benefits. Our clients get personal attention from JADE’s founders to understand the unique opportunity that each client has to build on their wealth and take advantage of the benefit of having a leg in both Vietnam and Australia.
The 888B visa applicant must have lived in Australia for at least 2 of the 3 years immediately before you apply for the 888B visa. Either the husband or wife can be the 888B visa applicant. However, the State must provide State Nomination and they can insist that you are required to hold the Complying Significant Investment for 5 years, as per your commitment to the Department of Home Affairs when you were granted the 188B visa.
Michael Cradock is an authorised representative of one of Australia’s largest funds. Investors in this fund enjoy passive income at 4-8%, depending on the product. Please speak to JADE about opening an investment account to enjoy passive income, with investments secured against property.
JADE is interested in providing a COMPLETE IMMIGRATION PLAN to its customers. The initial immigration legal consulting work will span 3 months of intense activity and then 6-9 months of follow up to have the visa approved by the Australian Government. However, many of JADE’s customers are interested in doing business between their home country and Australia regardless of the visa outcome. JADE’s customers benefit from our complete understanding of doing business and investing in Australia.We seek long-term relationships with our customers and take on cases where we can add the most value to the COMPLETE IMMIGRATION PLAN.