Not long ago, South Australia just adjusted the state's high-score immigration score and investment immigration priority, said the quota is running out, today announced the suspension of guarantee 188 and 132 immigration applications, and effective immediately!
The specific arrangements for this transformation in South Australia are as follows:
- South Australia's 188 and 132 categories of business-investment migrants have already exceeded the quota given by the Home Office, so the nomination applications for both categories of visas have been closed for the time being. It is expected that additional quotas will be re-opened by the end of March or early April;
- The application has begun, but has not been completed or submitted, and will not be reopened for the time being;
- Applications that have been submitted will be processed in accordance with the timing and priority levels announced on the South Australian website;
- The 892 / 883 / 888 / 405 visa is unaffected and can continue to submit applications online.
At present, the average trial time for a 188 / 132 type of guarantee is about four weeks:
Major forms of investment migration
The Australian investment migration project can be divided into two categories:
- First apply for 188 residence visa (divided into A, B, C, D, E branch), then transfer 888 permanent residence visa;
- The 132 categories of permanent residence are directly in place.
One of the most popular is the 188A and the 132 visas. The current fiscal year is up to now, with a maximum of 188 guarantees in the state and a maximum of 132 for South Australia.
188A Business Innovation Visa
Visa 188 is a four-year commercial work visa that meets certain conditions and can be granted the right to permanent residence in Australia, or 888 visa.
It only costs A $800000, which is attractive to applicants who don't have much spare money. Applications have tripled over the past three years. In the last fiscal year, a total of 1206 people, 923 of whom were Chinese, were granted 188A visas.
132 Business genius visa
132 visas, suitable for successful people who own large companies in China and participate directly in business operation and management, can obtain permanent residence visa in one step.
epilogue
The fact is once again to tell us that the migration is going to be early! The quota is not infinite, and it's not going to happen!
While both types of guarantees are currently suspended, interested friends can evaluate and prepare materials as soon as possible, both of which will take some time.
We will release the news in time, and we can submit the application as soon as we are ready to do so before we open up the guarantee of business investment migration in 188 and 132 categories again!
