text/public account: Wanguotong visa
Currently, the mainstream Australian investment and immigration projects on the market are mainly A, B and C categories of 188 series. Later, they will be transferred to 888 to get permanent residence. Among them, Class A is an immigration bill tailored for those "successful" small and medium-sized entrepreneurs (legal persons, shareholders, contractors, senior management personnel), so the customer base accounts for the "big head" of investment immigration. Capitalism has long realized its original accumulation, and the saying "Money can make the devil push the mill" is no longer good now. For 188A prospective applicants, only by accurately interpreting the project can the project be clearly positioned.
1, "I am a successful entrepreneur"
Interpretation: During daily consultation, there are many customers who evaluate themselves as successful entrepreneurs or investors, but the definition of "success" in the 188A series is the increasingly strict . This stems from the Australian finances in the recovery period. The Australian government is currently extremely eager for non-citizens, entrepreneurs, investors and wealthy people who can create sustainable profits. At least they hope that after they enter the market, they can weaken the unemployment rate problem first.
In daily life, when you apply for a job or entrust a job, you need to give the other party a good impression in your words and deeds to promote the success of the incident. The same is true for immigration. The good impression that the immigration officer needs to receive when reviewing 188A materials is "You are successful". How can you show him success? It is not just a vernacular statement but a display of data, or the materials you submit, the most direct ones such as continuous profitable financial statements. So if you are starting a company or trading stocks and applying for a 188 series visa, you need to have a very beautiful data within a period (may be long or short), which is the key.
2. "It's okay to be under 55 years old? Can children enjoy the exemption policy if I invest?"
Interpretation: Usually, the applicant's age requirement is under 55 , but if you have special economic interests for the state and territory, you can exempt the age limit. You should know that although you have brought productivity into Australia, the law stipulates that the age of children must be under 23 . If you are a child who has physical or cognitive impairment, you can go with him, but you still have to meet Australian health requirements.
3. "Is it necessary to learn English?"
Interpretation: 188A visa application requirements. All applicants over the age of 18 need to prove that they have basic English abilities. The basic English ability of this needs to reach the level of IELTS 4.5, and needs to have a transcript, which is one of the materials that need to be submitted. But can applicants who are older and have weakened their language learning ability and do not want to learn it without learning it? As long as pays the language learning fee, you can get free transcript .
4. "Is the company's turnover of 750,000 Australian dollars in two years an additional calculation?"
Interpretation: turnover needs to be audited in an independent fiscal year, and is audited by a third-party professional Hong Kong auditor (HKICPA). Applying for 188A requires that in 2 of the past 4 fiscal years, applicants shall hold major shares and participate in daily management in the maximum 2 main businesses they nominated. 's main business annual turnover exceeds AUD 750,000 (the turnover of the two companies can be combined to make up the numbers). The nominated main business owned at least holds the following shares:
If the business is a non-listed company with an annual turnover of less than AUD 400,000, you must own at least 51% of the shares;
If the business is a non-listed company with an annual turnover of more than or equal to AUD 400,000, you must own at least 30% of the shares;
If the business is a public-listed company, you must own at least 10% of the shares.
5. "Is there any additional points required for personal net assets?"
Interpretation: A personal net assets of 1.25 million Australian dollars are a hard requirement. This asset must be obtained legally and can be transferred to Australia 2 years after the issuance of the 188A visa (the main applicant and spouse assets can be calculated together). As for bonus points, if you hold it for more than 2 years or more, the amount of bonus points depends on the amount of net assets held. There are many components of personal net assets, but the main part of 's assessments are financial management, cash deposits and real estate, and real estate is subject to the assessment of third-party real estate appraisal agencies. For example, intermediary companies can only pre-evaluate .
scoring table
In fact, for 188A prospective applicants, they can clearly position themselves only by accurately interpreting the project's hard indicators and scoring. The above only talks about a few common questions. If you think you have the conditions to do 188A, you can send a private message to us for the preliminary evaluation. Since the Federal Immigration Bureau announced the new investment immigration policy in June last year, states have successively issued new business innovation and investment (188/888 category) visa guarantee policies. On top of the federal bill, they have added their own needs and transformed them into some hard conditions with great local characteristics. Here I will briefly talk about their "features" updates to help you make a preliminary screening.
NSW (NSW)
Take NSW (NSW) Sydney region as an example. The applicant's personal and business net asset requirements are the highest in Australia, at least 1.75 million Australian dollars, and the business turnover is at least 1.25 million Australian dollars. In addition, the state also has corresponding requirements for applicants to plan to carry out business activities, including:
- Business Plan: It must fully describe how the business carried out contributes to the NSW economy and creates jobs;
- Creates jobs in NSW: It must be able to create at least two new jobs equivalent to full-time;
- Applicants who plan to purchase existing business in NSW must be able to show the growth in the business after the applicant takes over the business, including:
- annual turnover growth at least 10%, or:
- business assets increase by at least 25%.
If the applicant completes innovative practices that have not appeared in the NSW market, or the business is located in a remote area of NSW and the business is mainly in a target industry in remote areas, then can exempt or above requirements for job creation and business growth:
is in the 188-to-888 stage, If the applicant does not meet the following business investment requirements when holding a 188A visa, he will be denied :
- remote areas of NSW - at least 300,000 AUD
- needs to hire at least 2 local full-time employees who meet the requirements for 24 months in the business operations in Victoria, or
- 's turnover must be no less than AUD 1 million for 24 consecutive months before submitting the 888A permanent residence state government guarantee application.
- html l11 Sydney area - at least 500,000 AUD;
Victoria (VIC)
Victoria government is relatively "traditional" and does not polish the special needs of the federal bill. It only explains and supplements the original bill in detail and explains , that is, it makes its own notes for each hard condition. Victoria requires 188A applicants to provide a business innovation plan that fits current trends, including product innovation, process innovation, and the ability to create jobs. Specifically,
At the same time, some old-fashioned businesses in are also excluded from the state government guaranteed doors, such as real estate development, gift shops, convenience stores, and cafes or restaurants . Regarding export trade, the Victorian government once again emphasized the non-acceptance of parallel export trade and added the requirement to provide brand-side proof of authorization (this requirement has been implemented since early 2021).
QLD (QLD)
QLDQighter is still at the stage of "lack of people and money". While meeting the visa application conditions of the Immigration Bureau, it also needs to meet the new state guarantee requirements.
1. Business and personal net assets – The applicant must have at least $1.25 million in business and personal net assets, and and transfer to Queensland within three years after the 188A approval;
2. Compliance business investment – After the 188A visa is approved, the applicant must invest in one or two compliant businesses in Queensland . Applicants who plan to start business in Greater Brisbane and the Gold Coast region will need to invest at least A$400,000 in the business; applicants who plan to start business in remote Queensland will need to invest at least A$300,000 in the business.
3, Import and Export Trade requirements:
- For international export trade business, the Queensland government requires to develop the overseas international market of Queensland products ;
- Generally speaking, the Queensland government does not accept import trade business unless importing products that are highly innovative, high-tech or currently not available in Queensland. Applicants must also provide corresponding value-added services, such as: customized design, centralized product installation, debugging, maintenance and other services.
Tasmania (TAS)
Tasmania has many additional requirements for applicants, and they require successful entrepreneurs to bring investment, preferably "significantly different" products or technologies. In addition to the regular buying business and setting up a home in Tasmania, Tasmania mainly hopes that applicants can make substantial contributions to Tasmania's economy.
It is worth mentioning that the application process for 188A guarantee in Tasmania is also different from some states or territories. The process is as follows:
1. Applicants first need to submit a Register of interest (ROI) - Tasmania will select the most competitive business plan in the ROI stage;
2. Applicants invited by Tasmania can submit a Tasmania 188A state government guarantee application within 30 days of receiving the invitation;
3. After the application for state government guarantee is approved, the applicant needs to submit a 188A visa application within 60 days.
South Australia (SA)
South Australia investment immigration cancels the field inspection requirements, and 188A allocates according to the quarterly allocation, and applicants do not need to submit the "Intent to Application" (ITA) form.
For applicants' hard conditions, South Australia adjusts the score between 55 and 65 because they provide an additional 10 points plus (this requires a case-specific evaluation).
After the red wine business was depressed, South Australia also fell into a brief economic stagnation. The South Australia government also hopes that entrepreneurs can make substantial contributions to the local economy. Due to the embarrassing geographical environment, their business requirements are "inclusive". However, in order to monitor these applicants, in the 888A phase, the state government requires every 188A visa holder who has obtained a guarantee from South Australia to meet with the state government every year during the 188A visa.
Western Australia (WA)
West Australia is much more "reasonable" to applicants than other states. They do not limit the scope of their business, nor do they require forced hiring of local employees. They only require applicants and family members (affiliated applicants) to live in Western Australia and study . In addition, the Western Australian government has also launched a very eye-catching "combination punch".
1. There is no limit on the commercial activities that applicants plan to carry out in Western Australia;
2. Real estate only requires the development of 3 residential units and meet the minimum requirements of the Immigration Bureau for the turnover of 188A visa;
3. You only need to provide a business plan that is 50% higher than the basic requirements of the state government to exempt the age requirement;
4. As long as you provide a business plan that is 100% higher than the basic requirements of the state government, you can get an additional 10 points;
. Although the Western Australia government is reasonable, they are extremely "stingy". After the new policy was introduced, Western Australia no longer accepts circular business. For international trade, is limited to local products or services in Western Australia, and it is not even accepted by applicants who have applied for guarantees in other states or territories before. If you want to apply for Western Australia, you must choose him as soon as possible.
