188A visa, that is, 188 business innovation visa, does not require high investment, and the investment method is flexible. Experts suggest that small and medium-sized business owners and managers of large enterprises can apply for such visas.

188B visa, namely 188 investor visa, is a four-year temporary visa specially set up for investors engaged in investment activities (such as stocks, futures, funds and foreign exchange). Experts suggest that successful investors can apply for such visas.

188C visa is also a visa for major investors in Australia. This visa has lower requirements for application and permanent residence.

There is no requirement for the applicant, and there is no age limit, no English requirement, no EOI score. It only needs to invest 5 million Australian dollars in the designated investment products for four years, and the applicant group is wider.

Although compared with Australia's previous 163, 164 and 165 projects, the current 188 immigrant visa has higher requirements for applicants, but compared with other immigrant countries, Australia's immigration requirements are relatively relaxed. As a mainstream immigrant country, Canada's immigration policy has changed several times in recent years, and the "one size fits all" policy of old cases has made many applicants completely lose confidence in Canada. However, EB-5 in the United States stipulates that the project itself must be risky, and it takes two years for the project to apply for a visa. Many investors are faced with the embarrassing situation that their investment funds cannot be recovered and their identities cannot be obtained. Australia has gained more and more favor with its advantages of policy stability, project safety and fast processing cycle, and the number of applicants has increased steadily.