On the afternoon of December 18, 2018, the New South Wales government in Australia announced the suspension of all business immigration applications, including state nomination applications for the 188A Business Innovation stream, 188B Investor stream, 188C Significant Investor stream, and 132 Business Talent stream visas. The government will announce the reopening date at a later time.
Since the new Australian Prime Minister took office, policies have been introduced continuously, and this government decision to suspend business immigration applications in New South Wales was already in the pipeline. As early as August this year, Australian leaders called for action, noting that since nearly 90% of new immigrants are settling in the two major cities of Sydney and Melbourne, the government prefers that new immigrants, including those under skilled and business migration programs, invest and work in other states.
2018 has been a year of significant changes for Australian immigration. At the beginning of the year, South Australia temporarily closed nomination applications for the 188/132 streams; mid-year, Queensland and Victoria closed their state nomination applications; and now, New South Wales has issued its first suspension notice. These events undoubtedly tell us that the tightening of Australian immigration policy is an inevitable trend, and the pressure to secure immigration quotas is becoming imminent.
Australia is a traditional immigration country. Looking at the evolution of Australian immigration policy over the past 30 years, the threshold has been continuously raised, making immigration to Australia increasingly difficult. This also proves that it is better to immigrate sooner rather than later. Currently, other Australian states, such as Victoria, Queensland, South Australia, Western Australia, and Tasmania, are still accepting applications.
This sudden and major news allows us to witness once again the unpredictability of the immigration market and reminds all immigration applicants of one truth: you must seize the opportunity and apply as early as possible. Worldway Group reminds all investors that in the current climate of scarce quotas and tightening policies, securing an Australian immigration quota is urgent; submitting applications early to secure a spot is the wise choice!
Currently, the Australian 188C Significant Investor visa is one of the most popular Australian immigration programs among high-net-worth individuals in China. As long as applicants can meet the 5 million AUD investment requirement, they can apply for the whole family to immigrate to Australia. After obtaining Australian status, children can enjoy high-quality education and gain broader opportunities for overseas development.
For immigrating to Australia, Worldway Group, a top 500 Asian brand and a leading institution in investment immigration, is your trusted choice. For those interested in immigrating to Australia, please call: 400-138-2929.