Australian investment immigration policy in 2020

# Jingjing Jingjing # Introduction At present, Australian state governments have obtained temporary immigration quotas before the introduction of the 2020 budget in order to work normally. Generally speaking, skilled immigrants in Australia have changed greatly in the past two years, but the investment immigration policy is still relatively stable. The following is Australia's investment immigration policy in 2020, welcome to read!

The first Australian investment immigration policy in 2020

1.2020 188A The basic visa application requires the applicant's business and personal net assets to reach at least 800,000 Australian dollars.

The applicant's annual turnover reaches 500,000 Australian dollars (up to two businesses can be submitted).

The applicant must hold more than 30% of the shares of the submitted business.

EOI score reached 65.

II. Basic visa application requirements for 2020 188B

More than three years of successful business investment background.

The net assets in the two fiscal years exceeded 2.25 million Australian dollars.

Participate in the management and operation of commercial investment exceeding 1 0.5 million Australian dollars at least1year in five fiscal years.

Earn an investment of 6.5438+0.5 million Australian dollars.

Willing to buy the bonds formulated by the Australian government of 6,543,800+0.5 million Australian dollars with a term of 4 years.

EOI score reached 65.

Three. Basic visa application conditions for 2020 188C

A $5 million legal funds invested in Australian funds for 4 years.

4.2020 132A visa basic application conditions

The net asset value shall not be less than10.5 million Australian dollars.

In at least two of the four fiscal years (no more than two companies), the annual turnover exceeds 3 million Australian dollars, and the applicant (or husband and wife) holds more than 30% (10% for listed companies).

In at least two of the four fiscal years, the commercial net assets exceeded A $400,000.

V. Requirements of 188 for 888 visa and 132 supervision period.

Change the requirements of 1 and 188 to 888.

First of all, 188A, 188B and 188C are collectively called 188 investment immigrant visa. The characteristics of 188 investment immigrant visa are: first apply for 188 temporary residence visa (quasi-green card) and hold 188.

The above 188 application has not changed, but this year 188 visa holders' requirements for transferring to 888 have changed! Generally speaking, it is good news that the requirement of 188 to 888 has been relaxed due to the epidemic situation.

2. Change of supervision cycle of132a

Unlike the 188 visa, the 132 visa is to get a green card before investing. Therefore, the supervision period of 132 is the stage of investment according to 2 years after holding the 132 visa.

For the 132A visa, the most noteworthy is the 132A visa guaranteed by the South Australian government, which is the most flexible and the lowest in all states. In September 2020, the South Australian government reformed the 132A visa.

Article 2 What do new Australian immigrants need to do after entering the country?

1. Apply for an Australian driver's license

In Australia, anyone aged 16 can apply for a driver's license. The exam is usually divided into two steps: the first step is the traffic rules exam (with Chinese version), that is, the applicant obtains the learning driver's license through the theoretical written test; The second step is the road test, that is, learning to drive on the road and obtaining a temporary driver's license through the road test.

Australian business immigrant visa holders can use China driver's license to drive within 3 months after their arrival in Australia. China's driver's license is not in English, so you should apply for a notarized English driver's license as soon as you arrive in Australia. However, for convenience, it is recommended to apply for an Australian driver's license as soon as possible. Business immigrant visa holders with a China driver's license can get a study driver's license only by taking a theoretical written test, and then they can take a road test directly, and then they can get a formal driver's license directly after passing.

Open a bank account

Opening a bank account in an Australian bank requires important identification documents, such as passport and driver's license, and your address letter.

In addition, Australians rarely carry large amounts of cash, debit cards, credit cards and personal checks with them. Banks in Australia are all connected to the national network, and they can handle account opening, deposit and withdrawal, remittance and other procedures at any branch in any city. Some branches of Australian banks in China can even open an account for you before you go to Australia, allowing you to remit money first and then use it in Australia.

New immigrants from Australia are advised to apply for and use credit cards. During daily consumption, try to use credit cards to accumulate credit, so as to lay a good foundation for mortgage loans for goods such as car purchase in the future. The credit card incentive scheme of Australian banks is generally 0.6- 1% of the total consumption, which is slightly higher than that of China.

3. Handling individual tax number TFN

Everyone who has a work permit in Australia must apply for a tax number, usually 9 digits. It is used in work, tax declaration, tax payment, use of government services and application for welfare. The tax number can be applied after the first login. Or when you are in Australia, you can apply on the website of the Inland Revenue Department, and you need to provide your address in Australia. Usually, if you don't provide the tax number to your bank, the bank will help the tax bureau deduct your tax from the interest. Therefore, gold experts remind everyone that it is very important to provide personal tax numbers to banks.

Extended reading: the advantages of immigrating to Australia

As the base camp of old capitalist countries, Australia has developed economy, good welfare, beautiful environment and high medical level, which has attracted the attention of many immigrants. Therefore, choosing Australian immigrants is cost-effective.

1. The admission rate is high, and the proportion of international students admitted by international students is far below 20% every year; After immigration, you can choose prestigious schools and ace majors that are not open to international students.

2. The tuition is low. All public schools below high school are free; University is the price of international students 1/3; Entering universities and graduate students, there are more opportunities to apply for scholarships and grants.

3. Freedom of work is general, and the work of international students is strictly restricted. Even if there is an opportunity, there are few opportunities and low treatment; Immigrants are not restricted, they can work in a society with higher salary, have more opportunities to enter the top 500 enterprises for internships, and can hold more important positions and accumulate work experience.

4. Free medical care The government does not bear the medical expenses of international students. Generally, it is necessary to purchase commercial insurance or self-funded medical treatment; The medical expenses of immigrants are borne by social medical insurance, and they can also enjoy various benefits of local students.

It is impossible for parents to visit and take care of foreign students when they suddenly fall ill. Immigrant parents can get close to their children quickly and give them care and companionship. Because parents can travel freely and timely between their place of residence and their children's school place, it is easier to care about and guide their children's study and life, and timely communication with their children is conducive to parent-child relationship and child cultivation.