spherical Posted April 26, 2021 Share Posted April 26, 2021 On 22/04/2021 at 22:51, 3together said: Each family member will get his /her own visa. So everbody is independently and gets the "first landing" timeframe. It is 12 month. So you can go first and the rest of the family can come any time after, but needs to land before the "first landing date" expires. So withhin 12 month of visa grant. Thanks for your reply and congrats 3together. Quote Link to comment Share on other sites More sharing options...
spherical Posted April 26, 2021 Share Posted April 26, 2021 On 14/04/2021 at 15:19, Redkpu said: Hi spherical Thank you for your valuable information. Ple can you tell where was your processing center and . Visa applica was a 188 or b188? Mine is a188 at Adelaide dated Oct 2019 Thank you for all Processing Center: Hong Kong Visa: 188b Quote Link to comment Share on other sites More sharing options...
Redkpu Posted April 26, 2021 Share Posted April 26, 2021 4 hours ago, spherical said: Processing Center: Hong Kong Visa: 188b 🥰 Quote Link to comment Share on other sites More sharing options...
King3 Posted May 9, 2021 Share Posted May 9, 2021 Hello, it’s quite difficult to get the flight to Australia nowadays, does anybody know how to apply for extension of initial entry? Quote Link to comment Share on other sites More sharing options...
Redkpu Posted May 9, 2021 Share Posted May 9, 2021 14 minutes ago, King3 said: Hello, it’s quite difficult to get the flight to Australia nowadays, does anybody know how to apply for extension of initial entry? https://www.sbs.com.au/news/australia-to-resume-repatriation-flights-from-india-from-15-may Quote Link to comment Share on other sites More sharing options...
jun689 Posted May 21, 2021 Share Posted May 21, 2021 Anyone has idea 188 visa holder after first trip to OZ due to fulfill the requirement of First Day Entry , can fly back to Home country? Any exemption need to be applied before travelling? Quote Link to comment Share on other sites More sharing options...
3together Posted May 22, 2021 Share Posted May 22, 2021 On 21/05/2021 at 10:17, jun689 said: Anyone has idea 188 visa holder after first trip to OZ due to fulfill the requirement of First Day Entry , can fly back to Home country? Any exemption need to be applied before travelling? Due to Corona you cannot leave the country with a temporary visa. Well, you can apply for an exemption but the chance to get it might be low. Usually only for very seriouse reasons. And if you leave without an approval, your visa will be canceled. Quote Link to comment Share on other sites More sharing options...
3together Posted May 22, 2021 Share Posted May 22, 2021 (edited) BUSINESS VISA CHANGES 01.07.2021: All applications after 01.07.2021 will have to apply under the new rules: https://minister.homeaffairs.gov.au/AlexHawke/Pages/getting-a-better-deal-for-australia-from-visa-investments-19-05-2021.aspx 188B: investment of AUD 2.5m, not AUD 1.5m anymore investment split in startups etc., like the significant investor 5 years visa, application for PR after 3 years possible Edited May 22, 2021 by 3together Quote Link to comment Share on other sites More sharing options...
3together Posted May 22, 2021 Share Posted May 22, 2021 We got now the confirmation of NSW bonds for the investment. We got the interest information only after doing the investment. It is 0,3%. Quote Link to comment Share on other sites More sharing options...
Asif Shaikh Posted May 22, 2021 Share Posted May 22, 2021 2 hours ago, 3together said: We got now the confirmation of NSW bonds for the investment. We got the interest information only after doing the investment. It is 0,3%. Interest 0.3 % Per Month? Quote Link to comment Share on other sites More sharing options...
Foot356 Posted May 22, 2021 Share Posted May 22, 2021 On 21/05/2021 at 18:17, jun689 said: Anyone has idea 188 visa holder after first trip to OZ due to fulfill the requirement of First Day Entry , can fly back to Home country? Any exemption need to be applied before travelling? 188 visa holder don't need to apply exemption. They can go back to home country. Quote Link to comment Share on other sites More sharing options...
3together Posted May 23, 2021 Share Posted May 23, 2021 16 hours ago, Asif Shaikh said: Interest 0.3 % Per Month? No, per annum. Quote Link to comment Share on other sites More sharing options...
3together Posted May 23, 2021 Share Posted May 23, 2021 12 hours ago, Foot356 said: 188 visa holder don't need to apply exemption. They can go back to home country. Hello, do you have an Australian source for this information? A link? Would be great, as this is quite important for us as well. Quote Link to comment Share on other sites More sharing options...
Foot356 Posted May 23, 2021 Share Posted May 23, 2021 25 minutes ago, 3together said: Hello, do you have an Australian source for this information? A link? Would be great, as this is quite important for us as well. https://covid19.homeaffairs.gov.au/travel-restrictions https://covid19.homeaffairs.gov.au/leaving-australia#toc-6 188 visa is a exempt category to enter Australia & Temporary visa holder can depart Australia at any time without permission. Quote Link to comment Share on other sites More sharing options...
jun689 Posted May 23, 2021 Share Posted May 23, 2021 according to Covid 19 of Home Affairs website, temporary visa holders are free to leave Australia but of course not easy or impossible to come back OZ. The tricky point is the right of 188 visa holder back OZ is same as PR or citizen. In other words, 188 visa holders sounds free.to in and out of OZ?? Quote Link to comment Share on other sites More sharing options...
Foot356 Posted May 23, 2021 Share Posted May 23, 2021 15 minutes ago, jun689 said: according to Covid 19 of Home Affairs website, temporary visa holders are free to leave Australia but of course not easy or impossible to come back OZ. The tricky point is the right of 188 visa holder back OZ is same as PR or citizen. In other words, 188 visa holders sounds free.to in and out of OZ?? Until now yes. Quote Link to comment Share on other sites More sharing options...
jun689 Posted May 23, 2021 Share Posted May 23, 2021 Meanwhile, as per the link below, due to COVID 19, There is some sort of flexibility to First Date of Entry migration.qld.gov.au/latest-news/first-date-of-entry-information/ Quote Link to comment Share on other sites More sharing options...
3together Posted May 23, 2021 Share Posted May 23, 2021 10 hours ago, Foot356 said: Until now yes. Sounds great to me. Kind of very special status right now. Hope it will stay like this. Quote Link to comment Share on other sites More sharing options...
Steve Elliott Posted May 24, 2021 Share Posted May 24, 2021 On 23/05/2021 at 02:20, 3together said: BUSINESS VISA CHANGES 01.07.2021: All applications after 01.07.2021 will have to apply under the new rules: https://minister.homeaffairs.gov.au/AlexHawke/Pages/getting-a-better-deal-for-australia-from-visa-investments-19-05-2021.aspx 188B: investment of AUD 2.5m, not AUD 1.5m anymore investment split in startups etc., like the significant investor 5 years visa, application for PR after 3 years possible Yes, it's already being referred to as the "mini SIV" but this really only relates to the composition of the investments and obviously the total investment being half of the SIV. It's a bit of a shift for 188b applicants who effectively were investing in a 4 year government underwritten term deposit offering a very low interest rate. The stakes are now higher in terms of the larger investment required but also the fact that investors are required to allocate funds to sectors which are higher risk. In particular Venture Capital/Private Equity (VCPE) (20%) is exceptionally high risk and traditionally is typically the domain of Sophisticated and professional Investors, Institutions and family offices. While the risks can be high so can the rewards. Just think Uber, Instagram, Canva etc. VCPE funds typically hold a portfolio of investments which provides diversification. Emerging Company funds (30%) are essentially a portfolio of smaller companies, each valued under $500m. There are several specialist fund managers with over 10 years track record in this space with some impressive returns. Because these two components represent $!.25m or 50% of the investment, investors often seek the balancing investment to be lower risk so as to reduce risk of the overall portfolio. There is a wider range of choice here, so investors can select an investment mix which they are comfortable with. It will be incredibly important that investors select fund managers who are familiar with the rules and regulations so as to ensure your funds remain compliant for the duration of your investment. With the SIV, there have been some instances of non compliance which have led to financial loss as well as difficulties in applying for the subsequent 888 PR visa. One very encouraging development of late is a noticeable acceleration of SIV processing with some applications being processed within 2-3 months as additional resources allocated to this high priority visa stream. Fingers crossed, the same may apply to the 188b once it commences in July. Fingers crossed! Quote Link to comment Share on other sites More sharing options...
Joseph H Posted May 24, 2021 Share Posted May 24, 2021 Hi every body, I applied 188B in early Oct.2019, and now still waiting, no CO yet, is there any person in same application time as mine ? Quote Link to comment Share on other sites More sharing options...
DJT Posted May 24, 2021 Share Posted May 24, 2021 On 09/05/2021 at 09:32, King3 said: Hello, it’s quite difficult to get the flight to Australia nowadays, does anybody know how to apply for extension of initial entry? Hi King3, I received my 188b visa in Nov 2019. My first entry date was Nov 2020. Since I could not travel owing to the pandemic, I asked for an extension with BIIP Adelaide and received a facilitation notice that permits me to travel anytime before my must arrive date. I am marking my first entry into Melbourne this week. Hope this helps. Cheers, DJT Quote Link to comment Share on other sites More sharing options...
DJT Posted May 24, 2021 Share Posted May 24, 2021 10 hours ago, 3together said: Sounds great to me. Kind of very special status right now. Hope it will stay like this. Yes, I can confirm 188 visa holders are an automatically exempt category. You can hop in and out pretty much like a Citizen/PR holder. Keep in mind though you will be subject to the same limited quotas available on incoming flights to Australia, expensive tickets and of course the vagaries of changing rules. So my advise is to travel only if you must. Cheers, DJT Quote Link to comment Share on other sites More sharing options...
DJT Posted May 24, 2021 Share Posted May 24, 2021 22 hours ago, 3together said: No, per annum. I got .80% per annum back in Nov 2019. At least we have some guarantee on return of capital. With the upcoming new rules, AFAIK, the investment is no longer guaranteed. Quote Link to comment Share on other sites More sharing options...
jun689 Posted May 25, 2021 Share Posted May 25, 2021 16 hours ago, DJT said: Hi King3, I received my 188b visa in Nov 2019. My first entry date was Nov 2020. Since I could not travel owing to the pandemic, I asked for an extension with BIIP Adelaide and received a facilitation notice that permits me to travel anytime before my must arrive date. I am marking my first entry into Melbourne this week. Hope this helps. Cheers, DJT Great to hear that and hope everything goes smooth on your travel. May I have the email address of BIIP Adelaide or apply online? Quote Link to comment Share on other sites More sharing options...
jun689 Posted May 25, 2021 Share Posted May 25, 2021 On 23/05/2021 at 07:14, Foot356 said: 188 visa holder don't need to apply exemption. They can go back to home country. Thanks, but once if travel back to home country, can fly back Australia afterwards? I guess the answer is yes and hope I am right Quote Link to comment Share on other sites More sharing options...
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