Australia’s investment immigration application, we need to confirm the requirements to meet, to ensure that they can successfully pass the basic assessment, confirmation is very important.
Follow here to see the Australian investment immigration application conditions and new information list.
188A visa is a subcategory of entrepreneurship. The requirements for applicants for this visa in NSW include: 1. Applicants must be under the age of 50, have a bachelor’s degree meeting Australian standards, or have at least 3 years of business experience in NSW target industry or 5 years of non-target industry experience in the past 10 years; 2.
2. The net asset value of individuals and enterprises exceeds 1.75 million Australian dollars (Sydney) or 1.25 million Australian dollars (remote areas of NSW);
3. Submit a business plan and create two new full-time jobs in the new state;
4. If you purchase an existing enterprise in NSW, you need to increase the annual turnover of the enterprise by 10% or increase the business assets by 25% after taking over;
5. Companies that innovate or engage in targeted industries in remote areas of NSW are exempt from employment and business growth requirements;
6. To apply for the 888 permanent visa, the applicant also needs to make a business investment of A $500,000 (Sydney) or A $300,000 (remote NSW) while holding the 188A visa;
7. Promise to settle down in the New State and make contributions to the New State through investment activities.
An applicant who meets the above criteria can apply for a New State nomination and submit an 188A visa application after meeting the following requirements of the Australian Department of Home Affairs:
1. In the four fiscal years before the immigration application starts, the applicant must own one or two enterprises with an annual turnover of no less than 750,000 Australian dollars for two fiscal years, and own more than 51% of the equity of the company with an annual turnover of less than 400,000 Australian dollars, more than 30% of the equity of the company with an annual turnover of more than 400,000 Australian dollars or more than 10% of the equity of the listed company;
2. The joint assets of the applicant, spouse or two persons are not less than 800,000 Australian dollars and can be transferred to Australia within two years after obtaining the visa;
3. EOI score is higher than 65;
4. Have a successful business career;
5. No criminal record, meet the corresponding personality and health requirements, and have not been cancelled or refused visa during the stay in Australia.
The 188E visa is also known as the entrepreneur visa, but has different requirements from the 188A visa.
The specific requirements are as follows: 1. The applicant must be under the age of 55;
2. Must be accepted by NSW business incubator or accelerator program;
3. Proof that the applicant has the necessary funds to complete the project, which must come from an approved entity;
4. Submit a business proposal showing how the applicant’s innovation will benefit the New State, commercialize the product and develop the business, and show that the applicant has completed the corresponding market research;
5. Promise to settle in NSW and make contributions to NSW through investment activities, carry out business headquartered in NSW and have a registered ABN in NSW.
Applicants who meet the above criteria can apply for the New State nomination and submit the 188E visa application if they meet the following requirements of the Australian Department of Home Affairs: 1. They must engage in or propose to engage in qualified entrepreneurial activities in Australia, which are not related to real estate, Labour employment or acquisition of a business or franchise; 2.
2. No criminal record, meet the corresponding personality and health requirements, and have not been cancelled or refused visa during the stay in Australia.
The predecessor of the 188B program was the 165 visa program that was implemented in 1981. Thirty years later, it was completely transformed into the current 188B program in 2012. Moreover, the requirements for assets and investment were doubled, and the scoring system was also added.
How many applicants have been turned away.
Although the favorable policy of interchangeable primary and secondary applications was introduced in 2015, from 2017 to now, the application policies of all states have been tightened, with no buffer time.
From the above analysis of the history of political change in Australia, it can be concluded that there are many directions for policy tightening in the next step, including that each state may raise the score requirements and investment requirements at any time. For example, the applicant cannot apply for Victoria without an investment of 2 million yuan, so the choice of the applicant to go to the desired state is becoming narrower and narrower.
The federal government may also raise the application standards across the board, the amount of capital investment may double again, and cancel the benefit of principal and deputy swaps.
The 188C visa for the 188C project in Australia was established in May 2012. It is a state bond investment of 5 million Australian dollars. There is no language age scoring requirement, the explanation of capital source is easy, and the residence period is short.
The new policy was implemented on July 1, 2015, cancelling 5 million investment state bonds and requiring classified investment.
In April 2019, sources of gambling digital currency will no longer be accepted, and gifts will only be accepted from parents to their children.
On July 9, 2019, the Victorian Government required 188C applicants submitted after the 22nd of the month to prove that they had a $200,000 funding requirement for immigration purposes.
Since its introduction in 2012, the 188C visa, the “golden ticket” for Australian immigrants, has become a shortcut for Chinese people with high assets and success to immigrate to Australia.
Chinese applicants accounted for 90.7 percent of the visas.
But in late nineteen nineteen, Australia’s immigration department announced that it would review the 188C visa.
They believe that although they have brought rich assets to Australia, they have not achieved the role of promoting development. They think this “golden ticket” has been sold at a loss!
On the basis of the change of government at any time, the number of venture capital quota has also been greatly reduced. Under the double pressure of the reduction of the threshold, the competition of Chinese applicants will be more fierce, which should be the sentence of immigration as early as possible.
