The major changes to the 2021-22 program are:
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.
https://liveinmelbourne.vic.gov.au/news-events/news/2021/victorias-investor-and-significant-investor-streams-subclasses-188b-and-188c-visa-nomination-update