What is the difference between Australian immigrant visa 132 and visa 188A?

Do you know all the types of Australian immigrant visas? Next, Overseas Migration Network will introduce the differences between Australian Asian immigrants 132 visa and 188A visa.

Australia 132 business immigration project, also known as "business genius immigration project", is a direct one-step permanent residence. Before doing business, there is no rigid immigration supervision requirement. After getting a green card, you need to live for 5 years and 2 years to maintain it.

The 188A visa is a temporary visa for four years, which is suitable for business owners with business background who are willing to start and manage business in Australia. Applicants who have gone to Australia for business for two years on a visa can transfer to 888A permanent residence visa after meeting certain conditions. The biggest advantage of business genius immigrant visa 132 is that you can get permanent residence in Australia in one step, and you don't need to apply for permanent residence in the future.

Due to the different economic development and demand for overseas investors in Australian states and territories, their investment requirements for 132 visa are also different. At present, entrepreneurs who are interested in applying for this visa generally need to invest 6,543,800+000 Australian dollars in Australia. Compared with Australia's 188A startup visa, the investment requirements of 132 visa are relatively high, but the guarantee requirements of each state are different. For example, South Australia 132 only needs a minimum of 600,000 Australian dollars.