Major news! Victoria has officially announced the opening of the state nomination application channel for business and investment migration for the 2022-2023 fiscal year! The application policies for the 188B Investor visa and 188C Significant Investor visa remain largely unchanged. The application requirements for the 188A Business Innovation visa have been significantly adjusted, with the mandatory English language and academic qualification requirements removed.
Victoria 188A Application Requirements:
1. Under 55 years of age
2. EOI score of at least 65 points
3. Meet one of the following:
(A) Nominated business turnover of over 1.75 million AUD
(B) Hold a full-time bachelor's degree in science, business, or technology
(C) Possess business innovation points on the points test (excluding export trade)
4. Demonstrate the innovation of the future business investment and have at least 3 years of relevant business experience; the future business plan must be highly relevant to the applicant's 3 years of business experience
5. Commit to establishing, operating, and developing a business in Victoria, with an investment of over 500,000 AUD and the creation of 2 jobs
The official opening of Victoria's business migration applications, combined with the removal of the mandatory English and academic requirements for the 188A visa, is excellent news for investors. As a major destination for immigrants, Australia has always been popular among Chinese citizens. Those interested in immigrating to Australia should act as soon as possible.
Currently, the 188A, 188B, and 188C visas are all Australian immigration programs favored by high-net-worth individuals in China. Once applicants meet the relevant conditions, they can apply for their entire family to immigrate to Australia and enjoy Australian medical benefits. After obtaining Australian residency, children can enjoy high-quality education and gain broader opportunities for overseas development.
Australia has always been popular among Chinese citizens as a major destination for immigrants. For those interested in immigrating to Australia, it is best to act quickly. Immigration should be done sooner rather than later; for those who meet the requirements, now is the best time to immigrate.

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