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South Australia Investment Immigration Requirements
Full analysis of investment immigration in South Australia
South Australia’s investment migration program is designed to attract high caliber business owners and entrepreneurs who can create real and sustainable business opportunities in South Australia, including in regional areas, benefiting the state’s economy, local businesses and workforce. The main objectives of the South Australian government’s investment immigration program are:
● Attract high quality investment to the South Australian economy
● Increase employment in South Australia
● Drive innovation to make South Australia more productive and competitive
South Australia Class 188A Investment Immigration
SA Business Innovation Stream
Meet immigration department requirements
1. At least 2 of the past 4 financial years, the annual turnover of the enterprise is not less than 750,000 Australian dollars (up to 2 companies combined);
2. The husband and wife own any of the following enterprises:
● Companies with an annual turnover of less than RMB 400,000 must own at least 51% of the shares
● A company with an annual turnover rate higher than RMB 400,000 must own at least 30% of the shares
● If it is a publicly-listed company, own at least 10% of the shares
3. If the applicant’s enterprise provides professional, technical or trade services, the applicant must provide these services for less than half of the time, and more than half of the time must be for enterprise management.
4. The total family assets owned by the applicant (or combined with the spouse) are not less than 1.25 million Australian dollars. These assets are obtained through legal means and can be transferred to Australia within 2 years after issuance
5. The EOI score of the business selection system is not less than 65 points
South Australia's requirements for 188A applicants
1. Live in South Australia after approval
2. Plan to invest in South Australia for business activities to meet the requirements of South Australia 888A permanent residence (see the table below)
3. Applicants who are 55 years old or older must prove that the business plan meets a higher investment threshold and will have special economic benefits for South Australia
4. Provide the South Australian government with a detailed report on the feasibility and economic impact of the business activity
5. Agree to register with the South Australian Skilled and Business Migration Office upon arrival in South Australia, and keep the registered contact details for the duration of the visa
6. The EOI score of the business selection system is not less than 80 points
7. If the applicant plans to start an export business in South Australia, it must prove that it has mature export experience and relevant expertise in exporting products
8. If the applicant’s business activities are only to sell imported products (including importing products from other states/territories to South Australia for sale), sufficient reasons are required to prove that they will bring benefits to South Australia
9. When the applicant needs to apply for 188A extension, the South Australian Skills and Business Immigration Office will decide whether to support the applicant to extend his 188A extension application
10. The business immigration adjudicator of 188 and 888 can decide whether to approve the proposed real estate development
11. South Australia will require certain commercial investment, including but not limited to cafes, restaurants, convenience stores, service stations and retail stores
12. The South Australian government strongly recommends that applicants obtain professional immigration, legal and financial advice before engaging in any business or investment activities
13. South Australia 188A state nomination is entirely at the discretion of the South Australian government. Meeting the minimum publication requirements does not guarantee nomination from South Australia. When assessing an applicant’s intentions to apply, the Skills and Business Migration Division will consider each application on its merits and the wider interest to South Australia.
South Australia 888A permanent residence requirements
Business type
Applicant
Under 55 years old
Applicant
55 years old and above
Invest in business
And have at least 3 full-time employees
Minimum investment
AUD 300,000
Minimum investment
600,000 Australian dollars
Real Estate Development
Greater Adelaide Region
Minimum investment
A$1.5 million
Remote areas of South Australia
Minimum investment
A$1.2 million
Greater Adelaide Region
Minimum investment
A$2 million
Remote areas of South Australia
Minimum investment
AUD 1.5 million
Export
(Purchase amount)
A$750,000
to
A$1.25 million
AUD 1.5 million
to
2.5 million Australian dollars
special requirement:
1. Director loans are not considered business investments
2. In addition to the investment amount requirements, enterprises must also add (newly established enterprises) or maintain existing (existing enterprises) three full-time employees before submitting an application.
Full-time equivalent (FTE) employees for at least 12 months
3. Full-time employees (FTE) refer to employees directly employed by the enterprise, working at least 30 hours a week, and wages must meet industry standards
4. Full-time employees (FTE) must be Australian citizens, Australian permanent residents, New Zealand passport holders or visa holders designated by South Australia for a period of 12 months. Any family members of the applicant are not eligible for inclusion in the FTE employee requirement
Real Estate Development
1. Real estate developments must be sold to unrelated independent parties on commercial “arm’s length” terms. Properties under development must not be used to provide rental properties or as speculative or passive investments
2. The established real estate development company must be sustainable. After the project development is completed, the applicant cannot continue to hold the developed project and must sell it in the open market, and the buyer must not be associated with the applicant
3. Applicants must provide information including but not limited to:
● Location of the development
● Project cost
● Owned, debt and other financing details
● Current title certificate for the subject land
● Copies of any planning or development approvals
● Estimated start and completion dates
● An explanation of the applicant’s management responsibilities within the company/project, and submission that the applicant has sufficient experience to fulfill such a role
4. After the applicant obtains the 188A visa, he needs to report the progress of the project to the state government every 6 months, and submit relevant information until the 888A visa is obtained. The state government will require applicants to provide relevant information on the progress of real estate development, which may include investment projects, such as
● Land acquisition cost
● Consulting services (such as legal, planning, design, construction, marketing and promotion)
● Staff, building and construction costs
● and other related fees and costs
Applicants must also provide proof of the following:
● Sources of real estate development funding to set the percentage and amount of personal capital
● Debt financing or any other source of funds
5. The development company or real estate consulting company that the applicant cooperates/shares in must have more than 2 years of real estate-related operating experience
6. Applicants need to review the contractor’s qualifications by themselves. For contractor qualifications, please refer to:
https://sabuildingdirectory.com.au/
7. The South Australian government will not give any advice to the applicant on the investment. The applicant must bear any risks involved in the investment
Exit
The total purchase amount of SA products will depend on the composition of the products and the age of the applicant at the time of nomination
Export composition
Applicant
Under 55 years old
applicant
55 years old and above
3 different products
(No more than 60% for a single product)
AUD 750,000
150万澳元
2 different products
(No more than 80% of a single product)
AUD 1 million
2 million Australian dollars
single commodity
A$1.25 million
A$2.5 million
Example:
Under the age of 55, the purchase of the following products will be accepted by the state government:
Product A: $450,000 (60%)
Product B: $200,000 (27%)
Product C: $100,000 (13%)
Total purchase amount: $750,000 (100%)
1. Export means the sale of goods or the provision of services made in South Australia. Goods made in South Australia mean that the entire production or final stages of production took place in South Australia. For wine, the origin on the certificate of sale must be South Australia or a region of South Australia. For grape juice, the grapes must also come from South Australia
2. Manufacturers of South Australian products must understand the specific overseas markets their products are being exported to
3. If South Australia products are purchased from third-party dealers or wholesalers, these dealers and wholesalers must also be located in South Australia.
4. Exports must be real commercial activities and used for profit. The frequency of exports will be reflected in real commercial activities.
Exemption
In exceptional circumstances, applicants may be exempted from the Skilled and Business Migration Division of South Australia based on the Immigration Department’s minimum visa criteria.
The South Australian Skilled and Business Migration Office provides exemptions for applicants who bring special benefits to South Australia and will be processed on a case-by-case basis. Depending on the circumstances, turnover, assets and employment requirements will be exempted:
A. 300,000 turnover requirement; or
B. Exempt 2 of the following 3 requirements:
1. Exemption from the 200,000 commercial assets requirement
3. Exempt from the requirement of 2 full-time employees
South Australia and New State 188B investment immigration
SA Business Investor Stream
Meet immigration department requirements
1. Applicants must meet the following conditions:
At least 3 years of successful direct investment or management experience in one or more enterprises
● Have a successful record of qualified investments or qualified business activities
● Demonstrate a high level of management skills in relation to qualifying investments or qualifying business activities
2. Applicants and their spouses must meet the following investment requirements:
● Hold at least 10% of the shares in a qualifying enterprise in at least one of the five fiscal years before being invited, or.
● Participated in the management of investments worth at least AUD 1.5 million in at least 1 of the 5 financial years before being invited
(An enterprise that meets the requirements refers to an enterprise that operates for the purpose of making a profit by providing goods, services, or goods and services (other than providing rental properties) to the public; and does not primarily or substantially have the purpose of speculation or passive investment.)
3. In the two financial years before being invited, the applicant (or together with his spouse) has a total family net worth of no less than AUD 2.5 million.
(The assets must be legally acquired and can be transferred to Australia within 2 years of obtaining the visa.)
4. The EOI score of the business selection system is no less than 65 points
5. Requirements for investing in Australia
A 3-year investment of AUD 2.5 million in the following funds:
Venture Capital and Growth Private Equity Funds
Venture capital and growth private equity funds investing at least A$500,000 in start-ups and small private businesses
● Emerging companies
Approved managed funds investing at least A$750,000 in emerging companies listed on the ASX
● Balanced investment
Make a balanced investment of at least A$1.25 million in managed funds that may invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes, annuities and commercial real estate.
Fund companies can invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes, annuities and commercial real estate. But not direct investment in residential real estate. And investments in fund companies cannot be used as guarantee or collateral for loans.
6. Residency requirements
Have lived in the state or territory where the applicant is applying for investment for at least 2 years.
SA South Australia's requirements for 188B applicants
1. Live in South Australia after approval
2. Invest AUD 2.5 million (AUD 3.75 million for those over 55 years old) in a compliant fund company. Compliant fund companies must bring huge benefits to South Australia
3. Agree to register your arrival in South Australia with the South Australian Skilled and Business Immigration Office and retain the registered contact information during the validity period of the visa.
4. If the applicant’s EOI score in the Business Selection System is between 55-65 points, you can still apply for an invitation from the South Australia 188B state government. The South Australian government will consider whether to grant an additional 10 points to the applicant (10 points for special endorsement) based on the applicant’s investment situation.
5. The selection of investment products is based on the applicant’s personal preference and the immigration department’s investment requirements for the visa.
6. Applicants are strongly recommended to obtain professional immigration, legal and financial advice before investing or engaging in any business activities
7. The South Australian Government will not advise the applicant on any investment to be made or any business activity to be undertaken, nor will it be responsible for any business decisions, bear any responsibility for any financial losses and expenses arising from business activities or investments
8. Federal and state governments require applicants to agree not to take legal action for any capital losses they suffer as a result of qualifying investments.
South Australia 888B permanent residence requirements
1. Applicants holding a 188B visa nominated by South Australia, or holding a release form from the original nominating state or territory
2. Have lived in South Australia for at least 2 years
South Australia Class 188C Investment Immigration
SA Business Investor Stream
Meet immigration department requirements
1. Requirements for investing in Australia
Invest A$5 million over three years in the following funds:
Venture Capital and Growth Private Equity Funds
Venture capital and growth private equity funds investing at least A$1 million in start-ups and small private businesses
● Emerging companies
Approved managed funds investing at least A$1.5 million in emerging companies listed on the ASX
● Balanced investment
Have a balanced investment of at least A$2.5 million in managed funds that may invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes, annuities and commercial real estate.
Fund companies can invest in a range of assets, including ASX-listed companies, Australian corporate bonds or notes, annuities and commercial real estate. But not direct investment in residential real estate. And investments in fund companies cannot be used as guarantee or collateral for loans.
2. Residency requirements
Have lived in the state or territory where the applicant is applying for investment for at least 2 years
South Australia’s requirements for 188C applicants
1. Plan to live in South Australia
2. Invest AUD 5 million in a compliant fund company. The compliant fund company must bring substantial benefits to South Australia
3. Agree to register your arrival in South Australia with the South Australian Skilled and Business Immigration Office and retain the registered contact information during the validity period of the visa.
4. The selection of investment products is based on the applicant’s personal preference and the immigration department’s investment requirements for the visa.
5. Applicants are strongly recommended to obtain professional immigration, legal and financial advice before investing or engaging in any business activities
6. The South Australian Government will not provide advice on any investment made by the applicant or any business activities to be carried out, nor will it be responsible for any business decisions made by the applicant or anyone connected in any way with the major investor plan or otherwise, bear any responsibility for any financial losses, expenses and costs arising from business activities or investments
7. Federal and state governments require applicants to agree not to take legal action for any capital losses they suffer as a result of qualifying investments
South Australia 888C permanent residence requirements
1. Applicants who hold a 188C visa nominated by South Australia, or hold an original nominated state or territory release form
2. Have lived in South Australia for at least 2 years
South Australia 188E investment immigration
SA Business Entrepreneur Stream
South Australia's requirements for 188E applicants
1. Satisfy the criteria for the 188-class Entrepreneur Stream visa of the Immigration Bureau
2. IELTS 4 6 or equivalent English score, or a passport holder or citizen of the United States, United Kingdom, Ireland, Canada or New Zealand
3. Intend to live in South Australia
4. Innovative businesses planned to be established in South Australia will meet the requirements for the 888E investment immigration permanent residence visa within 5 years, including achieving these success factors
5. Plan to establish a start-up that has the potential to be a sustainable high-growth company with the potential to employ local South Australians in the future
6. Applicants need to ensure that the project has passed the incubator’s review and support;
7. Priority will be given to supporting the innovation projects of the South Australian government’s 9 priority development state industries. The 9 priority industries are: national defense, aviation, high technology, international education, creativity, tourism, energy mining, medical health, food Wine and Agricultural Commerce
For more information please refer to: https://www.growthstate.sa,gov.au/sectors
8. Callers who are 55 years or older at the time of invitation must prove that the innovative entrepreneurial project they submit will produce special economic benefits for South Australia.
9. Agree to register your arrival in South Australia with the South Australian Skilled and Business Immigration Service and retain current contact details for the duration of your visa.
10. Agree to fulfill all other obligations to ensure that the state nomination remains valid when the applicant applies to the Immigration Department for the 88E permanent residence visa. While there is no need to apply for a second state nomination, applicants must meet these obligations before South Australia can confirm the applicant’s identity. The incubators recognized by the South Australian government include:
● Stone & Chalk
● New Venture Institute (NVI)
● Moonshots
● ThincLab
● The lnnovation & Collaboration Center (ICC) The South Australian government’s current visa requirements for 188E applicants
● Holders of the following visas will not be eligible for endorsement by the South Australian Government, including student visas (including 500, 570571, 572, 573, 574), 403 visas and 771 visas
● If the incubator assesses that the applicant has an innovative idea and a strong business case, 485 visa holders can participate
Summary of Australian Study Abroad Immigration Service Center
The Australian Study Abroad Immigration Service Center has always maintained a high pass rate of 100% approval for Australian investment immigration, and basically maintained a state guarantee in about 1 day. If you intend to immigrate by investment in Australia, or have any questions, please scan the QR code below and we will answer you at any time.
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