The Mid-Autumn Festival just passed, information about the change of government has been frequently heard. Australia's newly appointed immigration minister announced that will soon abolish the 188C major investment immigration visa.
188C or is it canceled completely?
Recently, Australian media reported that 188c, one of Australia's main immigration methods, will soon be completely abolished by the Australian government, and the relevant Australian officials also officially announced this idea.
Australian Major Investment Visas is known as the "golden ticket". More than 7,000 Chinese citizens have achieved Australian immigration through this visa, but in the past 10 years, no applicant has been rejected for failing the quality test.
This policy was launched in November 2012. Data from the Ministry of the Interior shows that 85% of the successful applications so far come from mainland China and 3.6% come from Hong Kong.
188C major investment immigration visa requires an investment of at least 5 million yuan. has no age restrictions and language requirements . If you live in Australia with , you can get a green card after 3 years! has been criticized for providing a fast way to immigrate to Australia.
The program was launched in 2012 by the Gillard administration, but current federal interior minister Claire O'Neill said it has become a problem with the immigration system.
She said: "Most Australians will be very offensive because we have such a visa category here. You can spend money to buy permanent residence in Australia ."
O'Neal said in an interview on Sunday that there are no benefits to continuing to implement the plan.
She said: "This actually costs each of us Australians because these applicants usually come at their age, often coming to Australia after the end of their business career, basically for settlement and retirement." I can't see any reason to keep it. "
In a report last year, the institute quoted calculations from the Australian Ministry of Finance that people applying for this type of visa are often over 45 years old, with limited English skills, and spending 120,000 Australian dollars more on public services than their lifetime tax amount .
But she said that the visa will be completely cancelled after the immigration system review, which will be 2 next year Report at the end of the month.
In other words, people who are just rich are not the people who want to stay and pay taxes. So Australia plans to cancel the visa.
Australia's first choice Australian immigration program for high-net-worth individuals - 188Ch
Australia 188C investment immigration visa, which is also called the rich visa by many people. As the rich's first choice, 188C is definitely a worry-free and labor-saving immigrant Method! The
188C visa for applicants can be considered the simplest compared to 188A and 188B. And the 188C visa has very obvious advantages:
has no age requirement, no business experience, and no investment experience requirement;
does not need to start a business in Australia;
has a loose residence time, and the visa is within 5 years. Average stay of 40 days per year (or the deputy applicant stays for 180 days per year).
At the same time, this visa application cycle is short and the time is fast. During the visa period, you only need to hold an investment of 5 million Australian dollars, and there are no other requirements for entrepreneurship. You can also be assured about the security of investment, because Australia has a mature financial market and a strict regulatory environment. The entire Australian financial industry has developed for hundreds of years and is now very perfect.
In order to fully ensure the safety and stability of everyone's investment amount, the Australian government's design of funds has diversified risks:
20% venture capital private equity fund ,
30% stock funds for listed companies,
50% balanced funds (commercial real estate, infrastructure, insurance annuities, etc.).
minimizes the risks that may be brought by investment as much as possible. It can be said that it is very attentive.
188C major investment immigration visa is suitable for?
Australian student
Australian 188C investment immigration accepts 100% of the funds donated by parents to their children. This is also the real situation of most applicants currently applying for 188C investment immigration.
Older high net worth
High net worth comrades are generally older. After all, it takes time to have so much funds. In this case, due to overage, many immigration projects in Australia are not unable to apply for. However, there is no age limit for Australian 188C investment immigration. You can apply as long as you are over 18 years old. It can be said that it is a method of immigration to Australia tailored for high-net-worth individuals.
High net worth individuals without English foundation
language requirements are also a major obstacle for most high net worth individuals. Australian 188C investment immigration does not require English requirements, and it can easily solve the problem of poor English.
High net worth individuals who cannot meet long-term residence requirements overseas
Many high net worth individuals' main business is not in Australia, or because of business needs to go to other places frequently, they cannot meet the requirements for residence time of general immigration projects. Australian 188C investment immigration mainly requires the applicant to live for 40 days each year, which is very easy to achieve.
High net worth individuals who do not have rich investment experience or corporate management experience
Australia 188C Investment immigration does not require the applicant to have investment experience or corporate management or senior executive experience, so full-time housewife, college students and other high net worth individuals can handle it.
