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The most comprehensive review of Australia's immigration pol
Guide reading:However, many parents were worried that in November of that year, the Australian government announced that it would reduce the age of accompanying children to 23 years old, that is to say, children over 23 years old at the time of their signature woul
Since November 1981, Australia's business immigration policy has been implemented, attracting many applicants to immigrate to Australia, and it has been popular up to now. However, with the increasing number of applicants, its immigration policy is also evolving. Today let's sort out the historical changes of Australian business immigrants in one article.
The most comprehensive review of Australia's immigration policy change history, look at this article is enough!
Prior to 2010: policy easing period
In the meantime, the immigration conditions are very relaxed for Chinese who intend to migrate to Australia through business.
Enterprise holdings are 10%, annual turnover is more than 300,000 Australian dollars (at the current exchange rate of 6.5, less than 2 million RMB), household net assets are more than 250,000 Australian dollars (1.63 million RMB). It is not necessary to score, as long as the above points are met, enterprise owners can immigrate.
For stock and real estate investors, the net assets of households exceed A$1.125 million, and the investment amount of A$750,000 can be immigrated to Australia through the 165 Investor Visa (the predecessor of 188B).
Consequently, due to the large number of applicants, the fiscal year 2009-2010 has become the highest rejection rate in Australian immigration history.
2010: the beginning of the coup d'etat
On April 19, 2010, the Immigration Board raised the share requirement of 163 Australian business owners and business migrants (the predecessor of 188A) from 10% to 30%. If the annual turnover is less than 400,000 Australian dollars, the proportion of shares is required to reach more than 51%, and the net household assets have risen to 500,000 Australian dollars. At the same time, the government of Western Australia has increased the requirement of 50,000 Australian dollars for additional settling-up fees.
2012: Major Change
July of this year was a month of major changes in Australia's investment and immigration policy.
SkillSelect Online Selection System is launched.
Abolish senior management visas;
Investor Visa (188B) requires double net assets and investment volume, introducing a scoring system.
Once the new policy was introduced, a large number of eligible applicants were immediately rejected. At the same time, a considerable number of applicants who had hoped to rely on high-level immigration have dreamed of Australia ever since!
However, the mixed news is that this year, Australian officials launched a new immigration program, which gave business immigrants a glimmer of hope.
Promote a major investor visa (188C), over 18 years old, no English, background requirements, only to meet the 5 million Australian dollar bond investment.
As soon as 188C was launched, it was immediately welcomed by the ultra-high net worth crowd. By 30 June 2018, the number of 188C signatures had reached 2022, attracting more than 10 billion Australian dollars in investment.
2015: readjustment again
In July 2015, 188C applicants could not invest in state government bonds with a new investment framework requiring that they must invest in compliance funds, at least A$500,000 in private equity funds, at least A$1.5 million in small and medium-sized company funds and up to A$3 million in bonds, blue chips or commercial real estate.
As a change, the annual submission of major investor visas (188C) dropped sharply to 213 in fiscal year 2015-2016.
With the increase of investment threshold in each state, the investment requirement for 132 visa applicants in South Australia is only to "export 600,000 Australian dollars of South Australian products or services", which is gradually regarded as "investment depression", and is gradually popular with many investors.
2016: Opportunities and Challenges Co-exist
It is undeniable that the global business migration, especially in China, has promoted the development of Australia's economy to a certain extent. In this year, various states have adopted policy adjustments to attract investors. However, in the overall quota restriction environment, while relaxing the investment requirements, the government has also issued a series of policy restrictions on the amount of applications.
Therefore, 2016 is a year in which both opportunities and challenges coexist in Australia, and good and political change coexist.
New policies have been introduced in various states:
Queensland: The investment of business genius immigrants (132 visas) dropped from 2.5 million Australian dollars to 1 million Australian dollars; the investment of business owners immigrants (188A visas) dropped from 500,000 Australian dollars to 200,000 Australian dollars;
West Australia: 132 visa investment decreased from A$1.5 million to A$1 million (the amount of investment in real estate development remains unchanged)
However, many parents were worried that in November of that year, the Australian government announced that it would reduce the age of accompanying children to 23 years old, that is to say, children over 23 years old at the time of their signature would not be able to immigrate with their parents. This has led to the need for parents to take immigration processing time into account and start the process as soon as possible. Worse still, if the child was at the age boundary at that time, the applicant would not be able to realize the wishes of the whole family to immigrate.