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Steve Elliott

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Everything posted by Steve Elliott

  1. Steve Elliott

    Investor Visa Subclass 188b

    I think you will find this incorrect. The age limit is a “time of decision” criteria not “time of application”. Thus the most likely outcome is that you will be requested to withdraw her from the application. Steve Elliott MARN 1804671
  2. Steve Elliott

    Business Innovation Visa 188

    Thanks Ali. I have done that and also updated my name so members can verify I am indeed a Registered Migration Agent.
  3. Steve Elliott

    Investor Visa Subclass 188b

    Regarding the 888 nomination, this still requires nomination from State or Territory. They will be looking at evidence of you moving the extra 750k to Australia within 2 years of visa grant. The expectation is THA these funds will be used as settlement funds for housing, supporting yourself financially etc.
  4. Steve Elliott

    Business Innovation Visa 188

    Hi Guys As a registered migration agent 1804671, it’s very important that business visa applicants potentially have four or five streams of this visa that could be considered. Most applications are for a stream involving buying or establishing a business and the other is investing $1.5m for four years. For both of these streams, there are MANY requirements to satisfy the eligibility criteria. It is also important to understand that business visas are a two step process, the first being a State Government nomination. Now, here’s the thing. While the Federal Government sets down the eligibility criteria for the visa, each state Government is able to set its own requirements which may be HIGHER than that stipulated on the home affairs website. For example some States specifically exclude certain businesses such as coffee shops, corner stores, entry level franchises and wine export businesses. Some require you employ a minimum number of people in the business and some even require the level of investment is significantly higher than the minimum specified on the DHA website. Business plans are also often required as is evidence that you have put some serious thought and planning in prior to making your application. I hope this helps
  5. Steve Elliott

    QROPS funds for 55+

    Hi there. I read recently that there are potentially other retail funds other than the IVCM expatriate fund, in the pipeline for QROPS approval. For someone not particularly keen on an SMSF, I'm interested in other options. It looks as though IVCM have quite high penalty fees, which are calculated as a % of the fund balance which seems a little unfair given the paperwork associated with a $300k balance would not be any less than a $100k fund, but the fees would be 3x higher! I'd appreciate any thoughts!
  6. Steve Elliott

    QROPS funds for 55+

    Thanks Andrew. i was just hoping there might by now be a non SMSF alternative so that I might be able to compare offerings. Thanks for your input.
  7. Steve Elliott

    QROPS funds for 55+

    Thanks for the quick reply Andrew. No, I am referring to the penalty fees which IVCM says they may charge should funds be transferred out within a three year window from when the initial investment is received from IVCM. It was explained to me that many people were initially transferring funds to the fund but were transferring out into a SMSF fairly quickly and then closing down their IVCM account. I'm just wondering if their are any other choices other than establishing an SMSF? Thanks Andrew.
  8. Steve Elliott

    188b

    Apologies but I should have included my MARN which is 1804671 and my name is Stephen Elliott. Kind regards
  9. Steve Elliott

    188b Investor stream

    Did you manage to lodge your application Arthur? Queensland re-opened it’s business program but has since closed again. It is certainly the fastest growing state for business visas in terms of year of YOY growth. I also hope you used an Australian Registered Agent as their fees would be a fraction of the cost mentioned and have to abide by a very strict code of conduct. Well worth the expense. Good luck
  10. Steve Elliott

    188b

    It sounds as if maybe the Wearehappyfamily have maybe gone cold on the idea.What I would say as a Registered Migration Agent is that you would be well advised to look at individual State Government Requirements. While the investment requirement at a State Government is set, each individual State may have their own requirements for them to nominate you through an EOI. Also, these visas are on very high demand so it is possible your points test score may need to be higher than the minimum 65. Finally, check your preferred State is still open for EOIs. One state has already met its allocation and is closed to new applications.
  11. Steve Elliott

    IT jobs in Brisbane

    I must confess I am lazy so I have not read your entire thread but from all my mates in IT in Brisbane I hear it's tough out there. Not withstanding they say jobs are out there but you just have to network - applying for jobs on line or via a recruiter, you can just about forget about - its all about who you know. Flick me your resume and I can pass it on to my mates of mine who manage big IT projects in Brisbane. I'm not a recruiter and there is nothing in this for me other than a beer and a curry if something happens
  12. Steve Elliott

    Moving to Brisbane

    Hi Jordan You are asking lots of questions - its a bit like asking about where do you wan to live in London !! - North Lakes is brilliant when you couch it on the basis of a relative commute to what most Uk nationals have to put up with BUT really what you are asking is about comparing Mayfair with the London East End - No Comparison - it all depends on budget, lifestyle, support networks etc etc you want. So many questions to ask and answer - Schools and kids are generally so much better over here. The bottom line is get over here and find some temporary accommodation then go looking - it might cost you more in the short term but will save you heaps in the long term - and you will be happier with your decision Good luck
  13. Steve Elliott

    Transfering Into an aussi Bank

    The bottom line is that the big 4 banks in Australia will all cry out loud "no fees" but that's fine but they clip you on the exchange rate which can be up to 3% - so on $100k they could be making $3000. I strongly suggest you resist the bait that they will open an account in Oz for you and instead use a specialist in the area. I now bugger all about Moneycorp but I am in the industry so I know what I am talking about. Good luck
  14. Steve Elliott

    Where to buy big potatoes? (For home baked jacket spuds)

    My understanding is that it is not the "Size" but more the variety which is important. I think variety is the key. From my recollections it's all about the tastiness and the crispy skin. Can someone who knows their stuff make enquiries back at home and ask what "variety" they use and let me know. I can then talk to the guys in the industry and find out what are the best potatoes to do the job. I write a weekly article in a major rural newspaper so I could actually ask the question of the readers in my article. How does that sound ?
  15. Steve Elliott

    Proper Good Indian in Brisbane ?

    I can not agree more - you need to define the definition of HOT - Aussie or Brit - There is a huge difference. Put quite simply Australia does not have the "5 pints in the local then lets go for a curry" that exists back in the UK
  16. Steve Elliott

    Migration agent gone into liquidation

    If a migration agent is acting in accordance with the law, all funds paid by clients upfront would go into a Client’s Account and are held in trust until the service is performed. Therefore, theoretically no client should lose any money. If any money has been taken from the client’s account, it must be matched to tax invoices which show the work performed and/or disbursements paid.
  17. The news wires are reporting the new Rudd government seems to have dumped the planned crackdown on temporary visas for foreign workers. Legislation did not make it through parliament yesterday before Gillard was dumped.as leader. The bill is not listed for consideration on Thursday, which is the last scheduled sitting day for the House of Representatives before the election. Happy days !
  18. Steve Elliott

    Breaking News - Proposed 457 Visa Crackdown Legislation Dumped !

    Yep - it looks as though you might be right. The news service that reported the "dumping of the legislation" conceded the fact that the legislation had not been tabled for the lower house today may have been an oversight so they assumed it had been dumped. So my apologies - this news source is usually very reliable.
  19. Steve Elliott

    Breaking News - Proposed 457 Visa Crackdown Legislation Dumped !

    Agreed that was one of the positives - the proposed 90 days. 28 days is scary and I have heard many instances of 457's who have lost jobs having to fly to Bali or Vietnam at the 11th hour to avoid a breach. Personally , I am not on a 457, I'm a PR and Citizen. HAve been in Aus for over 20 years
  20. Steve Elliott

    Breaking News - Proposed 457 Visa Crackdown Legislation Dumped !

    They are now saying that the fact that the legislation is not listed today might be an oversight. It's very confusing but not surprising given the events from last night. - Anyway we will know for sure in a few hours
  21. Steve Elliott

    Stopovers back to UK with 5 yr old

    Thanks for the replies. We settled on Dubai for a two night stopover to London. We have friends there who have offered to put us up as well as be tour guides which is fantastic. Feed back is that a stopover will help us in hitting the ground in London running. Thanks once again.
  22. Steve Elliott

    Stopovers back to UK with 5 yr old

    Hi There After 25 years in Aus I am going back to the UK to celebrate the "midight hour" eg 25 years in Aus after 25 yrs in the UK - So yes that makes me an old fart going on 50. My question is we have a five year old and my wife is keen to have a stopover in either Singapore or Dubai (for samity's sake) Does anyone have any sugestions about he best options eg stopover or fly straight hrough ? - Everyone says the jetlag on a straight flight means you are stuffed on your first few days on arrival. My wife has to do a couple of seminars on day 1 & 2 in London so not keen to arrive exhausted. I'm not keen to fly into say Singapore at 7pm check into a hotel for a night, have brekkie and then rush back to the airport fist thing in the morning - I would rather have 24 hours to really relax and explore. I also understand that even a 24 hour stopover attracts more taxes and expense as opposed to flying straight through - Persoanlly I would like to see some of the local attractions - Any thoughts ? Responses really appreciated
  23. China is slowing a little but the spending is moving away from infrastructure eg roads airports power stations towards consumerism as the wealth of the population grows - average annual once in china is circa $1000 US pa and is likely to rise to $3000 within a few years so while relatively poor consumption will rise whether that is replacing the bicycle with a moped or car. Taste cow western goods is rising and that's typified by beer consumption . China drank little beer 50 yrs ago, now it consumes more than the US - as the country gets richer it will consume more Aussie produce eg beef so it's not all bad !
  24. Steve Elliott

    Sending money back to Uk bank account

    You need to be aware of a few things here - the amount eg small or large ? - Declarations have to be made when taking funds out of Australia over certain amounts. There is also the security aspect to bear in mind. I f the sum is significant then probably best to use someone like Ozforex to do the forex for you as the major banks are very expensive based on the exchange rate you will get.
  25. Steve Elliott

    British & Irish Lions Tickets

    I have some slightly used ones for the Waratahs game and also Queensland Reds - I'm feeling so generous today , I'll give them away ! :biggrin: Seriously, Scalping is illegal in parts of Australia and maybe the whole country. - If it were me I would go to the pubs early in the day where the lads hang out prior to the game and ask around. If no luck just stay put watch it on the big screen in a bar and save yourself a few hundred bucks !
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