mapletree

Missed this earlier, many thanks for the information Steve

You can find the rates here: https://www.tcv.vic.gov.au/immigration-investors/immigration-investment-rates and no, you have no options whatsoever, you can only buy the 4 year bonds from TCV at the rates they dictate, which are atrocious even for the current market.

Thanks for the information 3together, much appreciated!

Jay , from what I've observed recent cases have been taking 16-18 months from lodgement to progression. They also seem to have stopped processing applications over the December holiday period. Given your application date I expect you'd hear from immigration late Feb to March ,which is pretty soon

Hi manrug, thanks for your reply. That's a very good point , the state needs to "reconfirm" its nomination but the criteria for that isn't stated in the migration instrument schedule. I'll try to look up the state criteria for that purpose. Thanks again !

Hi 3together, just on the need to eventually transfer the balance 0.75m over within 2 years of the visa being granted, is this something explicitly stated in your 188b visa grant letter? I ask this because I'm looking at the migration regulations, for the permanent 888b investor stream and they do not list this as one of the qualifying criteria. They only state that you need to hold the designated investments for 4 years, and it doesn't seem that they enforce the requirement to transfer the balance 0.75m when eventually assessing for the grant of the permanent 888b visa . Thanks in advance for any feedback that you can provide! 888.23--Criteria for Investor stream Note: These criteria are only for applicants seeking to satisfy the primary criteria for a Subclass 888 visa in the Investor stream. 888.231 The applicant has been in Australia, as the holder of a visa mentioned in the table in subitem 1104BA(5) of Schedule 1, for a total period of at least 2 years in the 4 years immediately before the application was made. 888.232 The designated investment made by the applicant for the purpose of satisfying a criterion for the grant of a Subclass 188 (Business Innovation and Investment (Provisional)) visa has been held continuously in the name of the applicant, or in the names of the applicant and his or her spouse or de facto partner together, for: (a) if the Subclass 188 (Business Innovation and Investment (Provisional)) visa was granted on the basis of an application made before 1 July 2015--at least 3 years and 11 months; or (b) if the Subclass 188 (Business Innovation and Investment (Provisional)) visa was granted on the basis of an application made on or after 1 July 2015--at least 4 years. http://classic.austlii.edu.au/au/legis/cth/consol_reg/mr1994227/sch2.html