At present, the exchange rate of the Australian dollar against the RMB has remained below 4.8 for a long time, which is incomparable to the value of 6.8 at its peak. It is indeed a rare good opportunity for Australian commercial investment immigration applicants. After all, Australian investment can be completed with less RMB.
However, the Australian Immigration Minister earlier said that after years of review and adjustment, the Australian 188C major investor visa (SIV visa) for overseas wealthy people may be cancelled because this category of visas is considered to be able to buy status with just money, and most Australians will feel offended.
The new Australian government believes that visa holders of Business Investment (BIIP) bring less benefits than skilled immigrants because they are older, have lower English skills, pay less taxes, and retire earlier than skilled immigrants. These arguments will also indicate that the threshold for Australian business investment immigration is likely to be raised again in the future.
Under the influence of dual factors, the number of applicants for 188 visa in this fiscal year hit a new high, and the competition is unprecedentedly fierce. It can be seen from the use of temporary quotas for 188 visas in each state.
At present, Queensland, New South Wales and Western Australia have suspended the application channel for state guarantees for 188 visas due to the exhaustion of quotas, and South Australia has also tentatively set applications for 188B and 188C.
Although some quotas should increase in the official quota in the future, the amount will be very limited. It is recommended that friends who are interested in Australian commercial immigration must seize the time, prepare materials, and seize the quota.
As Australian immigration lawyers will give you a detailed introduction, the Australian Immigration Bureau's current specific requirements for four types of commercial investment immigration:
Australia 188A business innovation visa
Basic requirements for Australian 188A visa application:
- Age is under 55 years old (the state government can exempt the age limit at the discretion of applicants who meet the requirements);
- In any two years of the past 4 years, the company's annual turnover will not be less than AUD 750,000, and up to two companies can be added together:
- -- If the company's sales exceeds 400,000 Australian dollars, it must account for more than 51% of the shares;
- -- If the company's sales exceed 400,000 Australian dollars, it must account for more than 30% of the shares;
- -- If it is a listed company, it must hold more than 10% of the shares;
- Commercial net assets and personal net assets reach 1.25 million Australian dollars;
- Commercial immigration EOI scores meet 65 points;
Australian 188B Investor Visa
Australian 188B visa application basic requirements:
- has high-level investment management skills and at least 3 years of direct investment management experience (relevant proof information is required);
- has at least a net asset of 2.5 million Australian dollars in the first two years of application;
- has 10% of the business shares or has managed investment of 1.5 million Australian dollars in one year in the past five years;
- can invest 2.5 million Australian dollars in a designated investment portfolio:
- -- At least 500,000 Australian dollars to venture capital or private equity products;
- ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Up to 1.25 million "balance investment" is used to manage funds or invest in other compliant assets, including listed companies on the ASX, compliant corporate bonds or promissory notes , listed investment company ;
- commercial immigration EOI scores meet 65 points;
- Applicants have no less than 5 million Australian dollars in personal assets;
- needs to obtain nominations from the state or territory government or the Australian Trade Commission;
- invest at least 5 million Australian dollars in investment fields that meet the regulations:
- -- At least 1 million Australian dollars to Australian venture capital or private equity products;
- ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Up to 2.5 million "balance investment" is required to manage funds or invest in other compliant assets, including listed companies on the ASX, listed investment companies with compliant corporate bonds or promissory notes, annuities and real estate;
- html l9 is under 55 years old (the time node before the application is submitted);
Australia 188C major investor visa
Australia 188C visa application requirements:
Australia 188E innovative entrepreneur visa
188E is an entrepreneurial visa. The applicant needs to implement his advanced entrepreneurial plan in Australia. The applicant's IELTS score is four 6 points, which is a 5-year visa. If he meets the operating conditions in 3 years, he can transfer to 888E forever.
Because the process involved in Australian commercial investment immigration is complicated and the details are relatively cumbersome, it is recommended that you find professionals familiar with Australian immigration law in advance and prepare materials comprehensively to improve the efficiency of visa review.
