do not need test English, does not limit age,
does not require experience, does not require qualification,
Just spend 5 million Australian dollars to immigrate to Australia.
But this may become a past tense!
Recently, Australian Home Minister Claire O'Neal said that the "Golden Ticket" visa category (188C SIV major investor visa) may be cancelled due to immigration changes!
Although the policy has not been officially announced, according to the view of many sources, changes in this immigration policy in Australia are almost certainly a foregone conclusion.
This visa type is a controversial plan to provide permanent residence visas for applicants who invest at least AUD 5 million in Australia.
Applicants need to maintain investment in compliance projects for at least four years during the visa period, and only need to stay in Australia for at least 40 days a year. There are no requirements for English and no age limit, and they can also bring their families to immigrate.
The program was launched in 2012 by the Gillard administration, but the current federal interior secretary, Claire O'Neill, said it has become a problem with the immigration system.
She said: "Most Australians will feel very offensive because we have such a visa category here, which is equivalent to spending money to purchase permanent residence in Australia ."
O'Neal said in an interview on Sunday that there are no benefits to continuing to implement the plan. "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. "
Australian public policy think tank Grattan Institute also calls for the cancellation of business investment and innovation visa schemes," said major investors "As part of the plan, the plan has led to financing of projects that are not usually approved, and the holders provide relatively little tax revenue to the government.
She said that after the immigration system review, the visa will be completely cancelled, which will be reported in February next year.
Overall, Australia is really picking people now... According to the current Labor government philosophy, Australia needs more skilled immigration , especially skilled immigration in key areas.
According to The official website data of the Australian Immigration Bureau shows that
as of June 30, 2020. Since the program began on November 24, 2012, 2349 SIV visas have been issued. AU$11.745 billion has been invested in compliant investment. The following table shows the distribution of applicants in the country/region.
According to the official website data, almost 90% of applicants from 2012 to 2020 came from China (Mainland and Hong Kong) . With the closure of this application channel, it is difficult for rich Chinese applicants to find a fast and convenient immigration channel such as SIV visa.
Mainstream passport project changes and closures
(2018-2022)
September 2018
September 2018
Turkey Passport real estate investment amount has been reduced from US$1 million to US$250,000;
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
July 18, 2019
Moldova passport announced suspension;
September 30, 2020
Malta passport implements a new policy, and the quota is tightened;
November 1, 2020
Cyprus passport is closed;
January 12, 2022
EU announced that it plans to cancel the visa-free EU qualification for Vanuatu passport;
2022 April
Bulgarian passport is closed;
2022.5.4-202 3.2.3
Vanuatu passport visa-free EU;
June 13, 2022
Turkey passport real estate investment amount increased from US$250,000 to US$400,000;
August 18, 2022
Dominic Passport Immigration Act updated, policies are tightened, such as: Brothers and sisters cannot accompany you or obtain identity for more than five years before submitting for name change.
In general, any immigration project has a so-called "life cycle": launch → stability → price increase or change the government and raise the threshold → shut down , and then look at Australia's current operation of cutting 5 million Australian dollars in half, spending money to immigrate may become history.
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