The author of this article is Simon Wu, Head of the Newstars Beijing branch, a MARA-registered migration agent in Australia, pen name ‘Pingfan Zhilu’
With more than 10 years’ living and working experience in Australia, he specialises in offshore skilled and business/investor migration, having handled hundreds of successful cases! Having gone through skilled migration myself, I will guide many overseas migrants along their own ‘extraordinary path’.
Reforms to Australia’s business and investor migration programme were first announced by the Minister for Immigration back in December 2020, but the detailed rules were a long time coming. Now, with the financial year drawing to a close,the Department of Home Affairs has finally released the details,and however the specifics change, it all comes back to net assets, turnover and investment amounts.With application requirements only rising, how can you tell whether you can still migrate to Australia through the business and investor stream?
Today we take a detailed look at the new requirements for Australia’s business and investor migration:
As the Subclass 132 visa and Subclass 188D visa have been abolished,only four visa types — Subclass 188A, 188B, 188C and 188E — will be available to apply for in the new financial year,so our analysis will focus on these four visa subclasses.
Visa Application Requirements
Below is the Department of Home Affairs’ official explanation of the business and investor migration application requirements (English version)
Notes:
1.1 The old policy applies to requirements before 1 July 2021
1.2 The new policy applies to requirements from 1 July 2021 onward
2.1 In China: a financial year runs from 1 January to 31 December of the same year — for example, 1 January 2020 to 31 December 2020 is one financial year
2.2 In Australia: a financial year runs from 1 July of one year to 30 June of the next — for example, 1 July 2020 to 30 June 2021 is one financial year
#188A
Visa Application Requirements
#188B
Visa Application Requirements
#188C
Visa Application Requirements
#188E
Visa Application Requirements
~~~ Breaking News ~~~ A review of this financial year and a look ahead to the next
Major Australian migration seminar tomorrow!
29 June 2021
7pm Sydney time
(5pm Beijing time)
Covering the new business and investor migration policy, the priority GTI programme, the NT MINT programme exclusively for offshore applicants, and all types of skilled migration — full 360-degree coverage!
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Changes to the Business and Investor Migration Points Table
As application requirements rise, the Department of Home Affairs has also adjusted the EOI points table. Below are the official details of the changes to the points table
#188A
Turnover Points
#188A and 188B
Family Net Asset Points
#188B
Investment Experience Points
Faced with the new application requirements, if you’re not sure whether you meet the criteria,let our professional, licensed Australian migration agents give you a one-on-one assessment.For applicants already in the preparation stage for Australian business and investor migration, faced with these higher application requirements,you won’t want the past two years of preparation to go up in smoke — so how do you start fresh, effective preparation?Our professional team will review your case in advance, one on one, to safeguard your migration journey every step of the way.
Some of Newstars Group’s recent business and investor migration
success stories
New South Wales 188A invitation
Caught the last train under the old policy!
South Australia 188A invitation
Also made it in before the end of the financial year, using the old policy!
Queensland invitation
One is a 188A invitation, and the other is a 132 — a state-nominated one-step-to-PR pathway
Business and investor migration visa, granted
A family of four granted the 188 visa!
188 visa granted — both applicants have an international student background
Featured short video recommendation!
Click the image to read the full article
Big news! Accounting/auditing/multiple engineering/ICT occupations added to the skills shortage list!
Major good news for accounting/ICT/engineering migration in the new financial year! Visa fees, AAT fees and citizenship fees all increase from 1 July!
A full breakdown of the residence and income requirements for moving from a 491 to a 191 visa.
Australian skilled migration finally warms up in the new financial year! These occupations offer rock-solid employment and migration prospects, better than ever!
IT and engineering professionals — here’s how to plan your migration for the new financial year!
Has the contributory stream turned into a queue? Extra-long waits for the 143 during the pandemic! A parent migration summary and new financial year forecast
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Reply in the official accountwith any of the numbers below or any keyword (not in the comments at the bottom of the article),to get the most timely, professional migration updates!Reply 【A】 to view the index (covering all topics)!
Reply:0000 → View the 16 November policy update (491 + skilled migration points)
Reply: 000 → Latest visa/citizenship processing wait times
Reply: 001 → Latest official 189 EOI invitation round results
Reply: 002 → 189 Skilled Independent migration
Reply: 003 → State nomination for 190 across all states
Reply: 004 → 489 regional state nomination
Reply: 005 → Business and investor migration for international students
Reply: 006 → Parent migration visas
Reply: 007 → Employer-sponsored visas
Reply: 008 → 485 visa
Reply: 009 → Partner migration / points
Reply: 010 → Work experience points
Reply: 011 → PY points
Reply: 012 → NAATI/CCL points
Reply: 013 → Regional area points
Reply: 014 → Visitor visa
Reply: 015 → Working holiday visa
Reply: 016 → TAFE study
Reply: 017 → Canadian migration for Australian international students
Reply: 018 → 407 Training visa
Reply: 019 → 408 Temporary Activity visa
Reply: 020 → New Zealand migration
How do applicants in each Australian state move from 188C to 888C?Click ‘Original Link’for a full breakdown!
