What conditions need to be met when converting Australian 188A visa to Australian Green Card?

As the immigration policies of major immigration countries such as the United States and Canada become increasingly strict, Australia, with relatively relaxed immigration conditions, has become the first choice of more and more people. In addition to immigration requirements, the speed of subsequent transfer to permanent residence is also an important part of many Australian investment immigration considerations. Conditions for converting Australian 188A visa to Australian Green Card: First, the applicant (the primary and secondary applicants can be interchanged, and the spouse can also go to Australia to do business and start a business in Australia on behalf of the other party) needs to do business in Australia for 2 years. Secondly, in the 12 months before application, the annual turnover of the Australian company needs to reach 300,000 Australian dollars, and it must hold 51 shares (if the turnover reaches more than 400,000 Australian dollars, 30 shares will be sufficient).

Again, 24 months before application, you must have lived in Australia for more than 12 months; finally, 12 months before application, you must meet at least two of the following three conditions: A. In the name of an Australian couple. The family net worth reaches 600,000 Australian dollars; B. The business investment in Australia is at least 200,000 Australian dollars; C. Employ at least two local full-time employees. As a four-year temporary visa, the 188A visa requires you to do business in Australia for 2 years. After 2 years, if you meet the above conditions, you can apply for the 888 permanent residence visa. Hope

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