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Steve Elliott

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  1. Steve Elliott

    Global Talent Independent - GTI Visa

    Just to be clear, the The Global Talent program is certainly open and in the October budget the number of places on this program was increased to 15,000. The target areas was also expanded from 7 to 10. For those who potentially qualify this visa is extremely attractive for many who are interested in a fast track PR visa.
  2. Steve Elliott

    Investor Visa Subclass 188b

    Unfortunately, wait lists for 188bs are still long. Hopefully they process will quicken up but don't hold your breath. The department has however given processing priority to the 188c's because I sense that the applicants are bringer higher investment amounts into Australia with the complying investments being higher risk and return aimed in part at Venture Capital, Private Equities and smaller/emerging companies. I have just had one 188c granted in 11 months and am aware of a few being granted in under 6 months. True, most of us do not have a spare $5million lying under the bed but there are many aspiring migrants who do and the Government know this.
  3. Steve Elliott

    Investor Visa Subclass 188b

    HI Sony If the documents you submitted in November satisfy the department with regards the information they are seeking, the next step would likely be an invitation to make your investment. I assume you have already submiyyed police checks?
  4. HI Netty, Firstly, I would take the published time lines with a piece of salt. Based on several communications from DHA and the Australian Government, a higher priority is being placed on visas. This is reflected in the increased quota for 2020-2021 and travel exemptions being granted to grant recipients. I am certainly seeing an acceleration in business visa grants and invitations in recent weeks. Your comments re circumstances changing is common however Government is unlikely to budge due to this as many applicants are in similar situations. I would strongly suggest you back to your agent to seek their opinion on this. Not knowing what your business it is and why the act Government is desperate for such businesses, perhaps again you could confer with your agent as to possible avenues which may be open to you in this regard. Obviously with a child at University, you also need to be mindful of the definition of a dependent child. I hope you ffind this useful
  5. Queensland is open again and I suspect the trend in increased demand for Queensland business visas will only accelerate from here. Time will tell!
  6. Steve Elliott

    Investor Visa Subclass 188b

    Sure Asif. my email is steve@emergico.com
  7. Steve Elliott

    Investor Visa 188b age waiver ( over 55)

    Thanks Paul. It is fair to say that most States and Territories do set the bar very high when it comes to age exemptions. For some States and Territories it is simply a higher level of investment, for others, it really boils down to assessing merits on a case by case basis. Good luck.
  8. Steve Elliott

    Investor Visa Subclass 188b

    Just make sure that the documents regarding the points test, totally support the number of points you claimed. This is extremely important. Good luck with it. It sounds as though you are on the home stretch !!
  9. I believe there was a very short window where invitations that were issued by Queensland where applications required literally a 24/48 hour turnaround where applications had to be received by 5th October, the day before the federal budget was handed down. If your application had not been submitted by then, it will probably still be in the system.
  10. Steve Elliott

    Investor Visa Subclass 188b

    It is still generally 28 days although extensions are generally granted where there is a valid reason.
  11. Steve Elliott

    Investor Visa 188b age waiver ( over 55)

    HI FMH You will find some States are reluctant to publish figures. I know what most of them are and lets just say the 2.25m for WA is at the lower end of the scale. The other states will not thank me for discussing their figures in a public forum. As I mentioned in another thread, some of the states are closed to new applications. One of the larger states re-opened for applications in late September and closed a week later having received thousands of EOI's competing for several hundred places so competition is very high. I believe also the 188b will not exist in it's current form in a few months from now when new rules are scheduled to come into effect on 1 July 2021. If the 188b does remain as a visa stream, I suspect the minimum DI amount will be increased significantly. The other thing to consider in addition to obtaining the minimum required business skills points, is to have a serious think about what additional economic benefits your migration will bring to your chosen state such as buying a house, putting kids through school, getting a job and paying taxes, starting a business etc. All these factors can play a part in strengthening your business case in a competitive market. Also, it would be useful to know a bit more about yourself personally, career, business history just so we can explore other possible migration pathways which may exist. I hope you find these comments useful. Kind regards
  12. Steve Elliott

    Investor Visa Subclass 188b

    Typically you get 28 days to make the DI and then lodge the required paperwork with DHA. You can request an extension if you have a valid reason such as unforseen delays in liquidating the investments on the SALP you submit.
  13. Steve Elliott

    Investor Visa Subclass 188b

    A few points here. 3 together is totally correct. Rates do fluctuate but with yields at historic lows and the state Governments with credit ratings of AA+, just one notch down from the Commonwealth, the best you could hope for is 0.5% maximum (and that's optimistic). Also based on the recent review of business visas, with the Government wanting funds to go to more productive investments, I suspect the 188b will not be around in it's current form beyond June 30 2021. if you are aged over 55, it is possible with some states to obtain an exemption however usually this means your application needs to be of "exceptional benefit to the State". In other words, in order to gain a nomination when over 55, the State will likely require the size of the DI to be significantly higher than that required by the Department. You also need to bear in mind several states are closed to new applications at the moment as they are dealing with a big backlog. I would suggest you thoroughly investigate your options, determine whether you can meet the "exceptional economic benefit criteria" then make a decision and get your paperwork in order. Good luck
  14. Steve Elliott

    Investor Visa Subclass 188b

    This wasn't a 188b but a 188c. The 188c's have a smaller number of applications relative to 188. The applicant was not from China/HK.
  15. Steve Elliott

    Investor Visa Subclass 188b

    I think you will find they process will speed up. I have just had one client whose application was processed in 10 months. There is a huge emphasis on integrity checks in order to satisfy the anti money laundering and counter terrorism requirements. Proving source of funds and evidence funds were acquired legitimately is an ongoing challenge for many applicants.
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