Relevant systems of investment immigration in Australia

Relevant systems of investment immigration in Australia

In the process of reviewing foreign investment proposals, the government will make a professional and comprehensive assessment of whether the investment will affect or even endanger the development of the Australian economic system according to the specific problems of each case. This assessment even takes into account the social problems of the countries where foreign investors are located. Australia's foreign investment system is based on Foreign Investment Acquisition and Takeover Act 1975 and its related laws (FATA) and Australia's foreign investment policy. These two systems supervise the behavior of investors coming to Australia and form what we call Australia's foreign investment system. Strictly speaking, this system is not a law, but it still has a strong binding force, because compliance with its requirements directly affects the entry of foreign capital and determines whether foreign investors can obtain the necessary regulatory approval and investment approval for foreign investment.

First of all, in Australia's foreign investment system, it is stipulated that the Federal Ministry of Finance, as the main regulatory agency for foreign investment, conducts supervision through the Foreign Investment and Trade Policy Department. The FATA Act regards the Minister of Finance or his client as the right holder to examine foreign investment proposals. If the investment proposal involves restricting Australia's economic development or even threatening national interests, the Minister of Finance has the right to refuse or control the implementation of the proposal through restrictive conditions without potential harm. The Minister of Finance has the right to decide whether to approve foreign investment proposals, and is also obliged to listen to the opinions and suggestions of the Foreign Investment Review Committee. As a non-statutory body, the Foreign Investment Review Board consists of five part-time staff and 65,438+0 full-time executive directors, which plays a vital role in the decision-making of the Minister of Finance.

Second, the foreign investment system stipulates that foreign investors. Foreign investors are divided into two categories: individuals (companies) and foreign governments, in which individuals (companies) need to meet the following definitions:

1. Non-Australian resident natural person;

2. A company in which a non-Australian resident natural person or a foreign company has control;

3. A company in which two or more non-Australian resident natural persons or foreign companies jointly hold control rights;

4. Trustee of the trust property whose control is held by a non-Australian resident natural person or foreign company;

5. Trustee of trust property in which two or more non-Australian natural persons or foreign companies hold substantial interests.

For China, China government investors, including China state-owned enterprises and other state-owned enterprises that can meet the above conditions, must generally apply for investment, regardless of the value and nature of the investment.

Benefits of immigrating to Queensland, Australia

1, a treasure house rich in mineral resources.

Queensland is rich in coal, minerals, oil and coalbed methane reserves, which is recognized as the main destination of mining and resource investment in the world and the gateway for Australia to enter the Asian market.

Queensland has diverse geological conditions and huge resource potential, ranking second in the world, ranking first in seaborne coal export, second in lead production, third in zinc and bauxite production and fifth in silver production.

By the end of this century, Queensland will become a global producer of liquefied natural gas (LNG). There are many high-potential mineral and energy resources in Queensland, such as rare earth and strategic metals, which have not been fully developed or put into production.

The Queensland government will invest in new infrastructure to support Queensland mining enterprises and make Queensland businesses more effective in promoting future economic growth and improving the employment environment.

2. tourist destination

Queensland has the Great Barrier Reef, World Heritage Rainforest, pristine beaches, amazing inland exploration, and rich food and wine roads. Last year, Queensland welcomed more than 22 million tourists.

Queensland government is pro-business, pays attention to infrastructure investment, and has a strong interest in developing cooperative relations with more partners and developing more high-quality tourism assets.

3. Development plan beneficial to investors

For investors, it is now an opportunity to invest in Queensland's expanding airports and seaports, comprehensive resorts and hotels, transportation networks and various tourism experience courses, including golf, without excluding the potential opportunities in the retail industry.

At the same time, with the development of this renewable energy in recent years, Queensland is gradually becoming a leading region in Australia for its rich and diverse renewable energy.

Therefore, if Australian immigrants choose cities, the Queensland government is very supportive of this industry. The state government has set relevant targets for renewable energy and introduced an incentive plan to promote the development of renewable energy industry.

Article 3 Old-age benefits for Australian immigrants

Back to Australia's pension system, the income of Australian residents (permanent residents or passport holders) after retirement mainly comes from pension and pension. The pension is paid by the government to every Australian resident over 65 who lives in Australia. Pension is compulsory retirement insurance required by the state, and part of the monthly income will be put into a licensed fund company for investment appreciation. The final pension amount can be calculated by the calculator provided by the institution, mainly according to the working years and the income level before retirement. Those freelancers or entrepreneurs who have no employers can voluntarily choose to participate in the pension plan to protect their retirement life.

As a national welfare pension, the current standard is that single elderly people can receive nearly 2000 Australian dollars per month, and elderly couples can receive 1400 Australian dollars per month. In addition, Australia has signed welfare sharing agreements with 30 countries around the world, which means that as long as you hold an Australian green card or passport, you can receive benefits from Australia, including pensions and other subsidies, even if you don't live in Australia after retirement. At the same time, you can also receive benefits from your country of residence, including pensions and retirement pensions. These countries include the United States, Canada, Japan, South Korea and major developed countries in Europe. However, since July 65438+ in 2008, pension benefits have been reduced to conditional welfare subsidies. People who have lived in Australia for less than 35 years will not get a full pension.