How high are the financial requirements for 188A investment immigration?

The current Australian investment immigration 188A visa is the most popular Australian immigration visa. Domestic entrepreneurs are the main applicant group for the 188A visa for entrepreneurial immigrants. Domestic small and medium-sized enterprise owners and shareholders who are under 55 years old and have a certain business and management background can meet the application requirements for an entrepreneurial immigrant visa.

The current low application threshold for this type of visa is an important reason why the 188A visa is so popular. The relatively low immigration threshold of the 188A visa is mainly reflected in its financial requirements. The 188A visa requires applicants to have a family net worth of more than 800,000 Australian dollars. Learn more: Global Australia

188A investment immigration requirements:

1. Obtain the state government’s “Expression of Interest” (EOI) invitation;

2. 55 years old The following or state government exempts the age requirement;

3. Score of 65 points or above;

4. Assets of more than 900,000 Australian dollars (including 100,000 living expenses);

5. Successful business background, participating in daily management;

6. In 2 of the past 4 years:

>Company sales exceeded A$500,000 (maximum 2 Companies added together);

>Owner of at least 30% of the shares

>If one company has sales of less than A$500,000, up to two companies can be added together. If the company has sales of A$300,000-400,000, it must account for 51% of the shares. If it exceeds 400,000 Australian dollars, it accounts for 30% of the shares

7. The 188 visa can be extended for 2 years:

>Prove that it is necessary to manage your own company in Australia

< p>>Have shares in companies operating in Australia in the past 2 years

Advantages of 188A investment immigration:

1. The review standards are relatively loose;

2. The investment amount requirement is relatively low;

3. After the 188A application is approved, the spouse can do business in Australia on behalf of the main applicant;

4. The investment method can be flexible;

5. No English requirement;

Currently, Australia’s fiscal year is approaching, the number of applicants for the 188A visa has reached a new high, and the processing speed is also accelerating.

New South Wales has opened up the 188A entrepreneurial standard, Queensland has reduced the amount of investment and canceled regional restrictions; Victoria has always had low thresholds and fast approval times. It takes only 3 months to sign a formal application and 5 months to land quickly!