Australia Immigration: New Investment Immigration Policy in Victoria

Worldway Group has learned: According to the latest news, effective July 22, 2019, the state of Victoria has implemented a new policy for investment immigration state nomination.

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Worldway Group has learned: According to the latest news, effective July 22, 2019, the state of Victoria has implemented a new policy for investment immigration state nomination. Details are as follows:

 

1. The EOI score requirement for the 188A visa is 80 points or above;

2. 188A visa applicants must commit to employing at least one full-time employee for their main business;

3. If the business involves exports, it must be proven that 100% of the exported goods are processed and produced in the state of Victoria;

4. 188B visa applicants must make an additional investment of at least AUD 500,000 during the 188B visa holding period and hold it for at least one year before transitioning to the 888B permanent residency;

5. 188B & 188C visa applicants are required to invest AUD 200,000 as "settlement funds" (bank deposits, property purchases, etc., are all acceptable).

As is well known, Australia has long been a traditional immigration country. Looking at the evolution of Australian immigration policy over the past 30 years, the threshold has been continuously raised, and immigration policies have continued to tighten. In 2018, the EOI submission threshold for Australian skilled migration was raised from 60 to 65 points, affecting all independent skilled migration visa applicants; the 457 employer-sponsored work visa was abolished and replaced by the 482 Temporary Skill Shortage visa, which removed the IELTS exemption for applicants transitioning to employer-sponsored permanent residency, increasing the difficulty of obtaining PR; and New South Wales suspended all business immigration applications, among other changes.

 

Under the current circumstances, it is a common consensus that submitting materials as soon as possible to secure precious quotas is essential. Worldway Group reminds all investors that in the current climate of scarce quotas and tightening policies, seizing Australian immigration quotas is urgent. Submitting applications early to secure a spot is the wise choice! Now, it is all about speed!

 

Currently, the Australian Significant Investor Visa (188C) is one of the most favored Australian immigration programs among high-net-worth individuals in China. As long as applicants can meet the AUD 5 million investment requirement, they can apply for immigration to Australia for their entire family and enjoy Australian medical benefits. After obtaining Australian status, children can enjoy high-quality education and gain broader overseas development scope and opportunities.

For immigration to Australia, Worldway Group, a top 500 Asian brand and a leading institution in investment immigration, is your choice. For details, please call: 400-138-2929

Investment involves risks, the above information is for reference only

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