What are the requirements for Australian entrepreneurial immigrants to apply for a green card?

Since the implementation of the 20 15 New Deal, the principal and deputy applicants can be exchanged, attracting many investment immigrants. Australia 188a visa is a temporary visa for Australia, with a term of four years. It needs to meet certain conditions before it can be converted into an Australian green card.

Australia 188a Green Card (888 Permanent Residence) Requirements for Australia

The principal applicant holds 4

Within the validity period of the temporary visa, meet 2

Annual entrepreneurial requirements;

Before application 2

In the latest fiscal year, the principal applicant holds no less than 30% of the shares; If it is a listed company, not less than10%;

Before application 1

The annual turnover for the next fiscal year shall be at least 30 pounds.

Ten thousand Australian dollars; If the shareholding is less than 5 1%, the annual turnover rate shall be at least 40%.

Ten thousand Australian dollars;

Meet two of the following three conditions:

1, personal and family net assets under husband and wife's name 60

Ten thousand Australian dollars;

2. Net assets of the company 20

Ten thousand Australian dollars;

3. Hire two local full-time employees;

During the two years of starting a business, the main applicant has lived in 1 year (Victoria has lived for 22 months).

Applicants must do business in Australia and be business controllers, otherwise their application for permanent residence will be affected.