Investor Stream – subclass 188(B)

Eligibility

Application’s requirements:

1. Submit an intent letter to the SkillSelect
2. Nominated by state or territory government.
3. Under the age of 55, however, this requirement can be waived if your proposed business will be of exceptional economic benefit to the region where it will operate. Applicants are required to have successful record of eligible investment or qualifying business activity. Applicant also need to have more than three years’ experience in direct managing qualifying businesses and have demonstrated a high level of management skill,
4. Asset requirements – at least 1 of the 5 years, have directly managed a qualifying business in which the applicant (or with your spouse) has at least 10% shares or an eligible investment of at least AUD1.5 million owned applicants (or with your spouse).
5. Before being invited, the applicant (with the spouse) has had the total net personal and business assets of at least AUD$2.25 million in the past two financial years, these assets need to be transferred to Australia within two years after the visa granted.
6. Innovate skills and scores – other than meeting the requirements mentioned above, the applicant must also score at least 65 points on the points test to submit the application.
7. Make a designated investment – the applicant must complete the designated investment of 1,500,000 AUD when the visa granted.
8. Business or investment experience – the applicant needs to have at least three years’ experience in managing the business or investment directly, and must not have illegal or unqualified business practices
9. Application promise to invest in Australia and maintain the Australia business, and directly participate in the business management of the company.

Significant Investor Stream – subclass 188 C

Eligibility

Application’s requirements:

1. The processing period is 6 – 9 months.
2. Submit an intent letter to the SkillSelect.
3. Nominated by state or territory
4. For bond investment of state or regional government, Australian securities investment, investment committee supervision under Australian investment or direct investment in Australian companies, need to invest for at least 5,000,000 AUD.
5. The investment must be held in the name of the applicant or his/ her spouse and cannot invest by pension fund.

Business Innovation Stream – subclass 888A

Eligibility

Application’s requirements:

1. Applicant must hold a subclass 188 in the business innovation stream, and live in Australia for accumulated one year within two years with holding this visa.
2. Nominated by state or territory government and met at least two of the following requirements:

• The net assets of company requirements – 12 months immediately before you apply, the applicant (or with your spouse) must have assets of at least AUD $200,000 net value in your main business in Australia.
• Personal plus Corporate net assets requirement – 12 months immediately before application, the applicant (or with your spouse) must have personal and business assets in Australia of at least AUD 600,000 net.
• Employment requirements – 12 months immediately before application, applicants need to hire two full-time employees. The employees must be Australian citizens, Australian permanent residents or New Zealand passport holders, cannot be member of applicant’s family.

3. Annual Business turnover – applicant’s business needs to have an annual turnover of at least AUD 300,000 on the 12 months before the application was made.
   
   
4. Own and manage a business – applicant must have:

• More than two years’ experience of company direct management – Requirements of shareholding, 51% of the shares with an annual turnover of less than AUD $400,000 per year; 30% of the shares with an annual turnover of more than AUD $400,000 per year; 10% of the shares with listed company.
• All business activity statements required by the Australian Taxation Office.
• An Australian Business number of the company.

5. Business or investment experience – applicant has no history of illegal or unrecognized business conduct.
6. The enterprise which is used for the permanent residence visa application cannot be used previously.
7. Applicant has good record of compliance with Australian law such as taxes, pensions, workplace relations and other related business law.

Investor stream – subclass 888B

Eligibility

Application’s requirements:

1. Applicant must hold a subclass 188 in the business innovation stream and live in Australia for accumulated two years within four years with holding this visa.
2. . Nominated by state or territory
3. Under the age of 55, however, this requirement can be waived if your proposed business will be of exceptional economic benefit to the region where it will operate. The four-year designated investment period, the applicants (with the spouse) must meets the government’s designated investment for four years before the visa is approved.
4. Business or investment experience, applicant has no history of illegal or unrecognized business conduct.
5. The commitment to continuous business conduct, the applicant promises to continue to operate the business or conduct investment management after the expiration of the government’s designated investment period

Significant investor stream – subclass 888C

Eligibility

Application’s requirements:

1. Submit an intent letter to the SkillSelect
2. Nominated by state or territory government
3. For bond investment of state or regional government, Australian securities investment, investment committee supervision under Australian investment or direct investment in Australian companies, need to invest for at least AUD $5,000,000.
4. You must live in Australia for accumulated 160 days within 4 years. The time spent in Australia does not have to be continuous.
5. The investment must be held in the name of the applicant or his/ her spouse and cannot invest by pension fund.