Australia 188A Business Innovation Visa.

Many people will choose to immigrate to Australia, so what is a 188A business innovation visa? This is a problem that many people care about. Let's take a look at the detailed introduction of Australia 188A Business Innovation Visa. Welcome to reading.

1. What is 188A?

Australia 188A business innovation visa belongs to Australian business innovation investment visa, which is also commonly known as "Australian investment immigrant", which is equivalent to many familiar immigrant visas such as 163 and 164.

This kind of visa application review requirements are relatively loose, paying more attention to the company's turnover; At the same time, the investment amount is not high, and the investment method can be flexible. This kind of visa is suitable for enterprises and shareholders.

Ii. Application conditions for 188A

1. age: when submitting the application, the main applicant is under 55 years old.

2. The net assets of individuals and families under the names of husband and wife shall not be less than 800,000 Australian dollars.

3. In the past four fiscal years, the annual turnover of the company was not less than 500,000 Australian dollars in two fiscal years.

4. In two of the past four fiscal years, the shareholding ratio of husband and wife is not less than 30%; If it is a listed company, it shall not be less than 10%.

5. The score of 5.EOI system is above 65.

6. Don't participate in any business or investment activities that are not allowed by the Australian government.

Third, the application process

1. evaluation and signing: evaluate the qualifications and design the immigration plan, and sign the immigration agency contract;

2. Application for Intention: Submit "Application for Intention" (EOI) to the state government.

3. Audit: conducted by an Australian/Hong Kong certified public accountant;

4. Formal application: After receiving the invitation, submit a complete set of materials to the Immigration Bureau;

5. Supplementary letter: A supplementary letter will be received from the Immigration Bureau from June to August after the formal application is submitted;

6. Interview or no interview: If an interview is needed, the Immigration Bureau will issue an interview notice about 1 month after submitting the supplementary letter, and the applicant will go to Hong Kong for an interview. Our company will train the applicants and assign professionals to accompany the interview;

7. Medical examination and approval letter: you can get a four-year temporary visa if you pass the medical examination;