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Subclass 188

Investor Stream Requirements

The Subclass 188 Investor stream required a valid invitation, meeting the 55-year age limit, and active investment management experience. This stream is now closed to new applications, but understanding its criteria remains important.

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Invitation

Under 188.241(1), you must be the person who received the written invitation to apply for the Investor stream. As with the Business Innovation stream, the invitation specifies the stream and cannot be reused for any other stream or visa class. You have 60 days from the invitation date to lodge your application.

Age Requirement

Your age is measured at the date of invitation and you must not have turned 55. The same exceptional economic benefit exemption applies as with the Business Innovation stream — nominating States or Territories may support older applicants where the proposed business would be of exceptional economic benefit to their jurisdiction.

Statement of Management Activity

Investor stream applicants must provide a Statement of Management Activity covering 1 fiscal year within the 5 fiscal years immediately before the application. This document details your direct and active involvement in managing eligible investments or a qualifying business during that year. Ideally this statement forms part of your broader résumé presented on a chronological, year-by-year basis. You must also complete the Statement of Assets and Liabilities Position (SALP) form covering two consecutive fiscal years prior to application.

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