Yesterday (May 19), Australian Immigration Minister Alex Hawke confirmed some changes to the investment immigration policy, and all changes will be 7 Effective on the 1st. Next, let's take a look at the specific content of the New Deal with Xiaoxing.
Under the New Deal, the requirements for personal assets and investment are increased, but it will shorten the time for individual visas to obtain PR.
01
188B
The 188B visa is mainly suitable for successful investors. For example: applicants who invest in real estate and stocks.
From July 1, 2021:
* Raise the investment threshold from the current 1.5 million Australian dollars to 2.5 million Australian dollars;
*Adjustment of investment funds (currently state government bonds with stable earnings without loss) will be the same as the 188C investment framework after adjustment.
Other adjustments:
In the changes made in May last year, the changes to 188B were not mentioned, but the Immigration Bureau has been discussing the investment threshold of 188B for a long time, and has always hoped to diversify the investment amount of 188B and the requirements of investment products. To better help Australia's economic development.
[New Deal Summary]
Need to invest in 2.5 million Australian dollars to buy bonds from the nominated state government, After 3 years, you can apply for PR, other conditions remain unchanged.
02
188C
The 188C visa is the wealthy visa we often call. The applicant has no age requirement, no English requirement, no business requirement, and no scoring.
From July 1, 2021:
Adjusted venture capital or growth private equity funds (VC/PE) from 10% (500,000) to 20% (1 million Australian dollars);
Balanced investment fund 60% (3 million) adjusted to 50% (2.5 million Australian dollars)
Other adjustments:
The current asset allocation ratio of 188C5 million investment immigrants is:
*At least 10% invested in private equity funds to invest in startups or small private companies;
*At least 30% invested in emerging companies listed on the stock exchange or qualified managed funds;
*The remaining proportion is invested in asset management funds, including listed companies on the Australian Securities Exchange, bonds and promissory notes of Australian companies, annuities and commercial assets.
[New Deal Summary]
The total amount of investment remains unchanged, and the investment structure changes. You can apply for PR after 3 years.
03
188A
The 188A visa is one of the most common investment immigration visas. It has the advantages of low requirements on corporate and personal assets and no English requirements. Very suitable for small entrepreneurs.
From July 1, 2021:
*In 2 of the past 4 fiscal years, the company has an annual turnover of at least AUD 750,000 → an increase of AUD 250,000;
*The increase in personal net assets is at least 1.25 million Australian dollars → an increase of 450,000 Australian dollars;
*Other requirements remain unchanged.
04
188D, 132A, 132B visas will be closed
The 188D visa belongs to the supreme investment immigrant visa. Applicants need to invest 15 million Australian dollars to Australia. Because there are currently very few applicants, applications for this type of visa will be closed after this policy change.
The 132 visa is also called the business wizard visa. Specifically, there are 132A and 1322B visas. The 132 visa is suitable for larger entrepreneurs. Because of the higher requirements for the size of the enterprise and personal assets. The 132 visa is a PR visa, and it is also the only business investment immigrant visa that can be completed in one step. But after the start of the new fiscal year, such visas will be permanently closed. All investors will take two steps to get PR.
For more specific visa regulations, you need to wait for the official immigration regulations to be promulgated before you can know more specific operational information.
Although applicants of 188B and 188C after the New Deal can apply for PR quickly, the investment quota under the New Deal has increased significantly. If you want to enjoy the advantages of the current policy, you need to prepare for submission as soon as possible.
The state guarantees that are still open will be closed on May 30, 2021. There are only 12 days left for investment immigration under the old policy! Customers who are concerned about and want to know about Australian investment immigration, welcome to contact [Xingyunhai International] for consultation, we will bring the latest Australian investment immigration information as soon as possible!
Australia immigration
188C is preferred for high net worth
Requirements
Invest 5 million Australian dollars, of which:
At least 10% (500,000 Australian dollars) invested in start-ups
At least 30% (1.5 million Australian dollars) invested in listed emerging companies
The remaining 60% (3 million Australian dollars) is invested in commercial real estate, corporate bonds or Australian stocks
Advantages
? No age limit, no English requirement (the only investment immigration category in Australia that does not limit age)
? No need to score, no need to start a business
? Low residence requirements in Australia
? Proof of the source of funds is relatively loose (including gift, inheritance and other source methods are acceptable)
Cyprus
Turkey
Saint Kitts and Nevis
Greece
