Frequently Asked Questions About Australia Immigration
1. What Australian business visas are available and how can I apply?
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2. Can an Australian business visa lead to citizenship?
Holders of permanent residency business visas (subclass 132 or 888) are eligible to apply for Australian Citizenship once certain requirements have been met.
A major requirement is that the visa holder has resided in Australia for at least 4 years and has not spent more than 12 months outside of Australia during that time.
3. What are Territory bonds?
Territory bonds are specifically designed for investors seeking a guaranteed investment by the government. Such bonds entitle the investor to regular interest payment with defined term to maturity and fixed interest.
4. How can I apply to Permanent Residence under 188B visa?
To qualify for the permanent subclass 888 visa, applicants need to meet the following criteria:
- Been in Australia on the subclass 188B visa for at least two years within the four years prior to visa lodgement
- Maintained the investment in Australian State or Territory bonds for the last four years.
5. How can I apply to Permanent Residence under 188C visa?
To qualify for the permanent subclass 888 visa, applicants need to meet the following criteria:
- Physically been in Australia on the subclass 188 visa for at least 40 days in a year or totaling 160 days in the four year period prior to SC888 visa application.
- Maintained the investment in Australian State or Territory bonds for the last four years.
6. What makes 188C visa different from 188A & 188B visa?
The 188C streams are much less demanding in terms of demonstrated history and experience in management and investment. Unlike the other streams, they:
- have no age requirement;
- do not require functional English; and
- are not points-tested.
On the other hand, they do require a greater financial contribution.
7. Do I still need to hold complying investments once I am granted with permanent significant investor visa or premium investor visa?
Once you are granted a permanent visa, it is completely up to you what to do with your complying investments. However, you must have a genuine intention to maintain business or investment activities in Australia on a permanent visa.
8. What mistakes do people usually make?
From our past experience, we noted that poorly prepared applications usually fail because of the following reasons:
- Unable to show that the Visa Applicant genuinely has a realistic commitment to either establish a qualifying business in Australia or to participate in an existing qualifying business in Australia;
- Unable to show that there is a direct and continuous involvement in the management of the qualifying business from day to day;
- Unable to demonstrate the legitimacy of the sources of funds or assets ready to be transferred to Australia, etc.
