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Do Australian business immigrants have any requirements for English?

Category introduction

Category description

Australia's outstanding major investor visa is Australia's 188C visa, also known as SIV visa. Suitable for applicants with particularly strong assets. In principle, after being approved, they can invest 5 million Australian dollars in the specified fund within the specified period for four years, and then they can be converted into permanent residence visas at the expiration of the investment period, without passing the skills and language scoring test or doing business in the local area. During these four years, the principal applicant has lived in Australia for 160 days or his spouse has lived there.

Visa type: 4-year temporary residence visa

Migration cycle: March-April

Program complexity: ★★★

Total cost estimate: starting from RMB 346,664 (converted at AUD /CNY = 5.02).

Immigration requirements

Immigration requirements

188C-SIV Outstanding Investment Visa Requirements:

1. No age limit, no English requirements, no need to score;

2. No business background requirements;

3. Proof of legal possession of 5 million Australian dollars (can be a gift);

4. After the adoption of the principle, invest 5 million Australian dollars in the prescribed fund within the prescribed time limit for a period of 4 years;

Within 5.4 years, the principal applicant has lived in Australia 160 days or the spouse has lived in Australia for 720 days.

Investment requirements:

● Venture capital VC fund: at least 10%, and the government plans to increase the proportion to 20% within two years;

● Small and medium-sized equity funds: at least 30% must invest in equity funds with a market value of no more than A $500 million.

● Balanced investment funds: up to 60% can be invested in stocks/bonds/bills/annuities/real estate funds.

(Note: Up to 10% of real estate funds can be invested in residential real estate)

Visa requirements for transferring to 888 green card:

The investment of 65438+50 million Australian dollars has been maintained in Australia for four years.

Within 2.4 years, the principal applicant has lived 160 days or the spouse has lived for 720 days.

3. Investment requirements:

(a) Venture capital VC fund: at least 10%, and the government plans to increase the proportion to 20% within two years;

(b) Small and medium-sized equity funds: at least 30% must be invested in equity funds with a market value not exceeding A $500 million.

(c) Balanced investment funds: up to 60% can be invested in stocks/bonds/notes/annuities/real estate funds.

(Note: Up to 10% of real estate funds can be invested in residential real estate)

Proof of source of funds

The applicant must sign a statement explaining how the funds were legally obtained.

● Provide documentary proof.

● After approval in principle, the investment of 5 million Australian dollars will be in place within 28 days before the visa can be obtained.