What's the difference between Australia 188A and 188B visas? Who can tell me?

Australian entrepreneurial immigrant visa 188A and Australian investment immigrant visa 188B are both Australian investment immigrant projects, and there are still differences between them.

Australia 188A visa: In two of the past four years, the company's annual turnover exceeded 500,000 Australian dollars (up to two companies combined), and it held at least 30% of the shares.

Australia 188B Visa: More than 3 years of good investment experience or management experience. In the past five years, he managed the investment of10.5 million Australian dollars or owned more than 10% shares in his business, and earned10.5 million Australian dollars legally through the above investment or business. However, 188B does not need to go to Australia to do business and start a business.

It can be seen that the 188A visa values business experience and requires the applicant to hold shares, which is suitable for managers of large enterprises, owners and shareholders of small and medium-sized enterprises. Compared with 188A visa, 188B visa pays more attention to investment management experience, and the turnover and shares of enterprises are no longer needed, so it is suitable for professional investors such as shareholders.

I hope I can help you ~ ~ ~