The 188B visa is a four-year resident visa for professionals who specialize in various types of investment activities (stocks, funds, futures, etc.). This visa does not require the applicant to own a business, but requires the applicant to have a certain amount of investment experience and experience, and obtain a certain income from it. There are no mandatory requirements on the academic qualifications and English of the main applicant.

· Applicants are not required to own a business

· There is no pressure to start and run a business after going to Australia

· There is no English requirement for applicants

· Eligible immediate family members may be brought along to apply for temporary residence and the corresponding permanent residence visa

· Visa holders are free to travel to and from Australia

· During the visa period, children can attend public primary and secondary schools in Australia for free

· At least 3 years of successful investment management background

· Business or household net worth of at least $2.5 million in the 2 financial years prior to the application

· Prove that the applicant has excellent investment skills (the investment is profitable)

· Participated in the management of investments worth more than $2.5 million in at least 1 of the 5 financial years prior to the application, or held more than 10% of the company's shares

· Agreed to complete a $2.5 million compliance investment prior to visa approval

· Score 65 points (* Rating criteria include business experience, amount of capital, English ability, etc.)

① sign a contract

② Submit an Expression of Interest (EOI) for Business Immigration

③ Apply for and obtain state government guarantees

④ Received EOI invitation

⑤ Complete asset audit and asset evaluation report

⑥ Submit application materials

⑦ Obtain interview or interview notice, supplementary materials

⑧ Medical examination, English contribution payment, no criminal record

⑨ Visa approved