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Purchase of goverment bonds for business migration
Australian State or Territory Government bonds are issued by the relevant Australian State or Territory Government. The funds collected through the bonds are mainly used for funding public works projects. We believe that people are all familiar with this sort of Bonds as many countries in the world have issued Bonds in the similar form. The new Investment category is a two (2) part application in which the applicant is granted, except in the case of the holder of a Student Visa outside Australia, Temporary Residency until a date specified by the Minister. After the applicant has met the criteria for the grant of the Permanent Residency they can apply for and be granted a Permanent Residency Visa in Australia. For Migration purposes the investment value of Australian State/Territory Government Bonds to be purchased is AUD$1,500,000 (or AUD$750,000.00 for applicant’s Sponsored by a State or territory Government). The bonds must be deposited for 4 years and cannot be withdrawn before maturity. The interest of bonds will be paid every six months. The interest rate may float depending on the changes within the financial markets. You can make a direct call to inquire about the latest interest offer. Once the purchase is made, the interest rate will remain the same level from the date of purchase until the date of maturity. (The interest rate of State or Territory Government Bonds will lower than that of banks.) To promote and encourage people's investment interest in this area, the Government integrates the investment with its migration regulations and regards it as one of the categories for business skills migration to Australia.
We will take a migration case by means of purchasing Australian government bonds through the following steps: 1. Assessment of the applicant's personal attributes (Evaluation of the applicant's other basic conditions apart from his/her capacity of purchasing bonds) The applicant must: a. Be able to demonstrate and overall successful record of managing an eligible investment activity or qualifying business; b. have at least three years' experience of direct involvement in managing a business activity or eligible investments; c. in at least one of the past five years maintained direct involvement in managing a business of which the applicant possessed (or together with their spouse) at least 10 percent of ownership interest in a business or maintained direct involvement in managing an eligible investment the total net value of which was AUD$1,500.00 (AUD$750,000,00 for State or Territory Sponsored applicants); d. have not conducted a business which is not accepted by the Australian Government. In order to be granted Permanent Residency in Australia the applicant must have held investments in State or Territory Bonds to the value of AUD$1,500,000.00 (or AUD$750,000.00 if Sponsored by a State or Territory Government) for a minimum of four (4) years.
2. The documents that an applicant must provide include: • materials demonstrating their business and investment operations (i.e. the specific information of the business including its name, nature, operation period, the proportion of ownership interest and net assets etc.); • the source of funds (which must be legally owned); • the business financial report; • the proposal of investment in Australia; The above-mentioned is for reference only. This Centre will make out a detailed document list for each individual applicant based on their different backgrounds. For more information, please inquire this Centre.
3. The Temporary Visa must be lodged outside Australia, whilst the Permanent Visa is lodged in Australia. This Centre will help complete migration application forms, other relevant legal documents and declarations. We will be responsible to lodge all the documents to local immigration offices or DIMA overseas posts and to urge the processing of the case until the client obtain the migration permit.
4. Once requested this Centre will help fill out the subscription form for State/Territory Government Bonds Inquiries about the interest rate for the State/Territory Government Bonds should be made directly with the relevant State or Territory Treasury Department. For example, if in Melbourne, please call the Treasury Corporation of Victoria Tel:(03)96507577 or if in Sydney, the Treasury Corporation of NSW Tel:(02)92475633.
5. The applicant and his/her family members who satisfy the migration regulations can then obtain their Temporary Visa(s) by the proof of bonds subscription certificate.
6. After the applicant has maintained the investment in the State/Territory Bonds for at least four (4) years, they can apply for their Permanent Residency In recent years, Australia has become a popular place to migrate for overseas people. However, although many people have very good qualifications and attributes for migration, they have difficulties in finding a correct channel and right methods of applying. As a result, they suffer great loss in both time and finance. With its head office established in Australia, this Centre has advantageous facilities for conducting applications compared to handling them in remote control overseas. According to statistics, the Australian migration regulations have minor or major amendments as well as supplements in every two to three months. This Centre can get such information within 24 hours and provide feedback to the clients in relation to their pending application(s), thus avoiding the unnecessary loss in time and money. This Centre has a number of senior registered migration agents who can provide you with professional counselling in multi-languages such as Mandarin, Cantonese, Chaozhou dialect, Minnan dialect, Vietnamese, Korean and English. Any inquiries are welcomed! |

