Worldway Group has learned: In a recent speech in Sydney, Australian Federal Minister for Immigration, Citizenship and Multicultural Affairs, David Coleman, indicated that the Morrison government's immigration policy will undergo adjustments!
As a traditional immigration destination, looking back at the evolution of Australia's immigration policy over the past 30 years, the threshold for Australian immigration has been continuously raised and policies have been consistently tightened since 2009.
Since the implementation of Australia's business immigration policy in November 1981, various visa categories suitable for applicants from mainland China have been introduced, including the 163 (Entrepreneur Business Visa), 164 (Entrepreneur Management), 165 (Investor Retirement), and 132 (Business Talent) visas, attracting numerous applicants to migrate to Australia. In January 2009, the Australian government introduced a state and regional counter-guarantee policy, which provided counter-guarantees for overseas skilled migrants who met the Australian government's requirements, eliminating the need for qualification approval from the applicant's home country or region. This relaxed immigration policy became the turning point for Australia's immigration policy from a relaxed stance to a tightening one.
Starting in July 2009, Australia began to continuously tighten its immigration policies. In 2012, the 163 series was abolished, and while inheriting the application conditions of the 163 series, the immigration threshold was raised with the introduction of the 188 series visas. On September 10, 2016, the Australian Department of Home Affairs launched the new Australian Entrepreneur 188E visa. This visa has strict English language and innovation capability requirements for applicants. Applicants must be under 55 years of age, have an IELTS score of 4 bands of 6, possess a comprehensive business plan, obtain an investment contract worth at least 200,000 AUD from a designated third-party institution, and hold a 30% stake in the startup company. In November of the same year, the age limit for dependent children of Australian immigration applicants was changed from under 25 to under 23. On April 18, 2017, the Australian 457 temporary work visa was abolished. In addition, Australia has successively introduced "purchase restriction" policies for overseas property purchases, and several major Australian banks have suspended mortgage lending to non-Australian residents.
In 2018, the Australian Department of Home Affairs continuously adjusted various immigration policies, including skilled migration, employer-sponsored migration, and family reunion migration. On one hand, this was to update and replace parts of Australia's immigration policy; on the other hand, it was to introduce new visas. Overall, throughout 2018, Australian immigration saw gradually increasing costs, gradually decreasing quotas, and increasingly higher individual requirements. Trying to immigrate to Australia is like trying to cross a single-plank bridge among thousands of people—it is difficult!
In 2019, the Australian federal election dust settled, with the ruling coalition of the Liberal Party and the National Party led by incumbent Prime Minister Scott Morrison winning the election, and Morrison was re-elected as Prime Minister. In March of this year, the federal government suddenly announced a sharp cut of 30,000 in immigration. This was the first time Australia "officially announced" a reduction in the immigration cap, setting the tone for the "overall style" of immigrating to Australia in 2019. Although specific policies have not yet been implemented, it is foreseeable that Australia's immigration policy will continue the trend of tightening, with fewer quotas, more applicants, and increasingly fierce competition.
Therefore, under the current situation, Worldway Group reminds all investors that whether for children's education, a superior environment, career expansion, or reasonable asset allocation, submitting applications as early as possible and securing quotas is the new way forward for Australian immigration! Now, it is all about speed!
Currently, the Australian Significant Investor Visa (188C) 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 and enjoy Australian medical benefits. After obtaining Australian status, children can enjoy high-quality education and gain broader overseas development scope and opportunities.
For immigrating to Australia, Worldway Group, an Asian Top 500 brand and a leading institution in investment immigration, is worth your choice. For those interested in immigrating to Australia, please consult: 400-138-2929.