TEAMS

Hi, I have gone through the criteria ,my confusion is for 188 A the asset criteria given is as given below Business Innovation stream You must: be under 55 years of age, although a state or territory can waive this requirement if your proposed business will be of exceptional economic benefit to the nominating state or territory. score at least 65 on the points test for two out of the four fiscal years immediately before you are invited to apply, have had an ownership interest in an established business or businesses that had at least AUD500 000 turnover in each of those years own at least one of the following percentage of your nominated main business: 51 per cent, if the business has a turnover of less than AUD400 000 per year 30 per cent, if the business has a turnover of AUD400 000 or more per year 10 per cent, if the business is a publicly listed company have an overall successful business career have a genuine desire to continuously own and maintain a management role in a business in Australia. If your nominated main business provides professional, technical or trade services, you must have spent no more than half your time providing those services, as opposed to general management of the business. At the time of invitation, you, your partner, or you and your partner combined must have total net assets of at least AUD800 000 that are lawfully acquired and available for legal transfer to Australia within two years of the visa being granted. Here it is not mentioned for the assets to be held by the applicant for the last two fiscal years before they apply. But in the point table it is mentioned to claim points Financial assets Net business and personal assets of you, your partner or you and your partner combined in each of the preceding two years of at least: AUD800 000 5 AUD1.3 million 15 AUD1.8 million 25 AUD2.25 million I just need to know whether the two fiscal yrs will be applicable for assets or not.I just bought a asset in september 2013 , wll i br able to include this in application for claiming points or not. thanks

Hi, I would like to know what is the criteria for claiming personal business assets under sub class 188 business innovation. The confusion is, have the applicant to have these assets being held for last two fiscal years ?

Hi Azn310, You could work / take up any occupation, in HR, or any other work.Not to worry

Hi , Can any one explain , how the new system of ACS assessment going to affect applicants on their point system. WILL THE DIAC ACCEPT THE WORK EXPERIENCE ALL POST QUALIFICATION O R WILL THEY STRONGLY FOLLOW THE DATES GIVEN BY ACS IN THE ASSESSMENT OUTCOME. PLEASE LET ANY SHARE HIS OR HER EXPERIENCE REGARDS RAJ