Migrant Conditions

Since July 2012, Australia immigration has withdrawn visa applications by reducing the number from 13 visa subclasses to 3. Simultaneously, a new set of business immigration and entrepreneurship migrant schemes have been enforced. The three categories of visas currently available are:

Subclass 132: Business Talent (Permanent) Visa

Subclass 188: Business Innovation and Investment (Provisional) Visa

Subclass 888: Business Innovation and Investment (Permanent) Visa

Migrant Proposal 1：

Subclass 188: Invest AUD$ 5 million to apply for a Significant Investor Visa (SIV), eligible for 4 years temporary residency：

• Obtain “Expression of Interest” invitation and guaranteed by State authorities.
• No requirement in English speaking and no age boundary.
• Easier to satisfy remittance limit and capital proof.
• Principal applicant stays in Australia for 160 days within 4 years.
• Visa can be renewed twice with 2 years eligible period per time.
• Invest AUD$ 5 million to regulated investment instruments:
  State authorities bond
  Australia fund ( infrastructure, cash, estate, stocks or debenture from listed companies
  non-listed company operate in Australia
• After four years, there are two options available to apply for permanent residency:
  a.Apply for subclass 888 Green card
  b.Visa can be renewed two times with 2 years eligible period per renew. For each renew, another
    80 days are needed to stay in Australia. After fulfilling residence requirement, applicant can apply for subclass 888 Green card after 6-8 years.

Migrant Proposal 2：

Subclass 888: Permanent Residency Green card Visa Invest AUD$ 5 million in “SIV”：

• Live in Australia for 4 years within 5 years' time; Apply for extension of Green card; or
• Live in Australia for 3 years within 4 years' time; Grant Australian passport

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Rating Criteria( passing mark is 65 )

Rating items	Rating details	Score
Family Property (over past 2 years)	Over AUD$ 800,000	5
	Over AUD$ 1.3 million	15
	Over AUD$ 1.8 million	25
	Over AUD$ 2.5 million	35
Business Background (applicable to entrepreneurs only)	Own shares for 4 years’ time for the past 5 years	10
	Own shares for 7 years’ time for the past 8 years	15
Sales (over the past 4 years)	Any 2 years, exceed AUD$50,000 / year	5
	Any 2 years, exceed AUD$ 1 million / year	15
	Any 2 years, exceed AUD$ 1.5 million / year	25
	Any 2 years, exceed AUD$ 2 million / year	35
Investment Background (applicable to investment only)	AUD$ 100,000 investment in the past 4 years	10
	AUD$ 100,000 investment in the past 7 years	15
Age	18-24	20
	25-32	30
	33-39	25
	40-44	20
	45-54	15
Education Background	Australia bachelor / certificate	5
	Foreign Bachelor	5
	Bachelor in business, science, technician	10
Language	IELTS: E5ach paper level 5	5
	IELTS: Each paper level 7	10
Other criteria	Above 1 years registered patent	15
	Above 1 year registered brand	10
	Above 1 year joint venture	5
	Any 2 years within past 4 years’ time: export accounts 50% or above of sales	15
	Recognized contribution by State	10
	Awarded by govt AUD$ 10,000 of (new business, marketing) or accept investment over AUD$ 100,000	10
	Business set up not more than 5 years, sales growth rate over 20% in 3 consecutive years. At least 1 year with more than 10 employees	10

A) Personal Information

• China identity card
• Passport (include photo and all records of visiting Australia)
• Birth certificate from authorities and hospital
• Martial certificate
• Household registry
• Non-criminal certificate (apply to all applicant above age of 16)
• Address proof for the past 10 years
• Parents, siblings’ name, their birth date, current live state and martial status
• Work proof for principal applicant and spouse, or their study plan.
• 4 copies of passport photo for each individuals

B) Personal Assets

• Bank balance
• Stock proof
• Property: valuation certificate and surveyors’ reports

C) Company Information

• Business Registration
• Tax registry cert.
• Capital Verification Report & Bank Deposit Receipt confirmed by Commerce, Industry and Tourism Branch
• Recent company registry from Commerce, Industry and Tourism Branch
• Article of Association, partners’ expression of interest or foreign investor’s permit
• Accounting report for the past two years
• Monthly Proof of Duty Payment for the past 2 years
• Account for business for the past 2 years verified by Hong Kong certified accountants
• 10 copies of company photos
• Organization structure
• Promotional materials