In 2015, the Australian immigration policy has the following changes: Western Australia has lowered the score threshold requirements for 188A and 188B from 65 points to 50 points, and at the same time allows primary and secondary applicants of the 188B category to interchangeably complete the residence requirements.

188C: Investment Category: 1. Invest at least 500,000 in venture capital/private equity funds (VC/PE). These funds focus on start-ups and small unlisted companies.

To encourage such funds, the government provides tax exemption to such funds.

2. At least 1.5 million is invested in small-cap stock funds. These funds focus on listed or unlisted companies with a market value of less than 500 million Australian dollars (unlisted companies do not exceed 20% of the fund’s net value). 3. The remaining funds are invested in other funds (can be invested

stocks, bonds, preferred stocks, convertible bonds, commercial real estate).

? Residence requirements during the 4-year temporary visa period: Either of the following two items can be met: the main applicant lives for 40 days per year (accumulated to 160 days in 4 years); or the spouse lives for 180 days per year (accumulated to 4 years of residence)

Enough for 720 days).

PIV: Application process: PIV applications need to be recommended by the state government and then nominated by austrade.

Future investments must also be made in this state.

If the client wishes to apply for a PIV visa, we can contact the state government and provide sufficient reasons to prove that future investments (investments of 15 million and beyond) will make a significant contribution to the state.

Investment categories: ASX-listed assets Australian government bonds Bonds issued by ASX-listed companies Australian unlisted companies Australian commercial real estate Deferred annuities issued by Australian-registered life insurance companies State government-approved charitable funds 188A and 188B: Application conditions: Currently

Maintain the scoring standard of 65 points.

The lowered score will be confirmed again at a later date.

Investment requirements: Victoria has restored its original business start-up requirements, but has canceled the limit on the length of business start-up, and no longer requires how long it takes to complete the business after obtaining the 188B visa.

At the same time, the requirement to transfer 300,000 Australian dollars to Victoria within 23 months after obtaining the 188B visa has been cancelled.

888 permanent residence visa application: When applying for the 888 permanent residence visa after July 1, 2015, as long as either spouse meets the residence (entrepreneurship) requirements, he can become the main applicant for the 888 permanent residence visa.

Skills: New Skilled Migration List Updates.

The accountant that everyone is most concerned about is still there, but the number of places has been reduced.

Another 3 professions were removed and 2 professions were added.

The new occupation list will be implemented from July 1, 2015.

Three professions were removed. According to a joint media announcement by Senator Cash and Senator Birmingham, the three professions being removed are: Urban and regional planners (urban planners) Dentists (dentists) Dental specialists (dental specialists) The newly added profession Cabinet Makers

(Carpentry) Panelbeaters (sheet metal workers) explanation mentioned: Sheet metal workers and carpenters have made important contributions to the Australian economy, and new immigrants with these skills will increase the skill level of the Australian labor force.