Capital migration method

Commercial immigrants from state-guaranteed enterprises-163a

The applicant shall meet the following conditions:

-Under 55 years old;

-Its net assets should be at least A $250,000;

-Having owned shares in enterprises with annual turnover of over A $300,000 for at least two years in the past four years;

-At least 4 years management experience and advanced management skills;

-Provide a practical business plan and promise to establish or buy a qualified enterprise in Australia, maintain substantial equity and actively and continuously participate in enterprise management.

If the applicant meets the following conditions after entering Australia, he can continue to apply for a residence visa guaranteed by the state government:

-In the past two years, it has established or acquired a qualified enterprise in Australia, maintained a large number of shares, and actively and continuously participated in enterprise management;

-In the past 12 months, the annual turnover of this enterprise exceeded 200,000 Australian dollars;

-In the past 12 months, the applicant should meet two of the following three requirements:

-Enterprises in Australia will create at least 1 employment opportunities for other Australian residents except family members;

-The net assets owned by the enterprise shall be at least 75,000 Australian dollars;

-Its net assets in Australia exceed A $250,000;

-In the past 2 years, the applicant should have lived legally in Australia for at least 1 year.