Christmas webinarInvestor Immigration to AustraliaMark Wright, Partner | Deloitte Tax Services | 6 December 2018

Mark Wright

Julia Qian

Meeting with you today

Partner | Asia Pacific Immigration Leader

Mark has over 20 years experience in corporate and investor immigration matters. Mark regularly advises the Australian Government on investor immigration policy, and is regarded as one of the most eminent immigration advisors in Australia.

Director | Australia Private Client Practice Immigration Leader

Julia has deep experience assisting high net worth clients with investor immigration matters to Australia. Julia speaks fluent mandarin, and has assisted investor clients from all parts of the world.

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Deloitte Global Immigration

100%Success rate on investor visa applications in Australia

30 Years established immigration practice

1,500Immigration professionals across 135 countries

CONFIDENTIAL

Investor Immigration

Factors which drive investors to migrate

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Major locations

Investor Migration

UKBusiness environmentInvestment opportunities

EuropeQuick pathway to permanent residenceEU Citizenship

AustraliaLifestyle & investment opportunities

Canada Incentives for entrepreneurs

USABusiness opportunitiesInvestment environment

CONFIDENTIAL

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AustraliaBusiness Innovation and Investment Programme (provisional subclass 188 and permanent subclass 888)

Business InnovationOwner or part owner of business who wish to own and manage a new or existing business in Australia.

InvestorIndividual with successful investment and business career wishing to make a designated investment of at least AUD1.5 million in an Australian state or territory and want to maintain business and investment activity in Australia after the original investment has matured.

Significant InvestorIndividual willing to invest a minimum of AUD5 million for at least four years in complying significant investments in Australia and want to maintain business and investment activity.

Premium InvestorIndividual willing to invest at least AUD15million into complying premium investments in Australia and want to maintain business and investment activity in Australia. Austrade will make the initial contact with suitable candidates for nomination on behalf of the Australian government.

EntrepreneurIndividual who has a funding agreement from a third party for at least AUD200,000 to undertake a complying entrepreneur activity that is proposed to lead to either the commercialisation of a product or service in Australia or the development of a business in Australia.

Business Innovation and Investment visa

InvestorSignificant Investor

Premium Investor

CONFIDENTIAL

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188 Business innovation stream Investor stream Significant Investor stream

Points test 65 65 N/A

Language requirements Functional English or exemption Functional English or exemption Functional English or exemption

No history of unacceptable

business activitiesYes Yes Yes

Nomination Yes Yes Yes

Age <55 or exemption <55 or exemption N/A

Genuine commitmentReside, establish and maintain a

qualifying business in Australia

Reside, establish and maintain a qualifying

business or eligible investment in Australia

Reside and maintain complying significant

investment in Australia

Overall successful

business/investment careerYes

1) Overall a successful record of

investment/business activity

2）High level management skills

3) 3 year experience of direct management of

investment/business

N/A

Business credentials

Ownership interest:

51%， 30%，10% One of the 5 fiscal years:N/A

Main business turnover:

AUD500,000 in 2/4 fiscal years

Direct management:

10% ownership interest direct management,

or

investment value of AUD1.5 million

N/A

Net business and personal assets AUD$800,000 AUD2.25 million N/A

Investment

NSW Sydney - AUD500,000

NSW regional - AUD300,000

VIC - AUD400,000

QLD - AUD200,000

AUD1.5 million designated investment; 4 yearsAUD5 million complying significant

investment; 4 years

Source of fundsLegally acquired, unencumbered and

transferrable

Legally acquired, unencumbered and

transferrableLegally acquired and unencumbered

Provisional 188 visa selected streams

CONFIDENTIAL

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Application process for Significant Investor stream

Client

assessment

Client

engagement

Expression of

interest

State/Territory/

Austrade

nomination

Visa application

lodgment

Processing Complying

investment

Visa decision

Estimated

Timing

1 week 2 weeks 2 weeks 2 weeks 2 weeks 12 - 16 weeks 1 week 1 week

Responsibility Deloitte/Client Deloitte/Client Deloitte Deloitte Deloitte/Client Deloitte

Australian

Government

Deloitte/Client/

Fund manager

Deloitte/Client

Australian

Government

Tasks Provide personal information (Client) Eligibility assessment and advice (Deloitte).

Sign Engagement Agreement (Client and Deloitte) Provide supporting informationand documents (Client).

Prepare and submitExpression of Interest to the Department of Home Affairs ‘DHA’ (Client and Deloitte).

Prepare and submit nominationapplication with State/Territory/Austrade(Deloitte) Successful applicants will be invited to apply for Significant Investment Visa.

Prepare and lodge visa application with DHA (Client and Deloitte).

Processing of visa application by DHA.

Any questions or issues which arise during processing are addressed.Additional input may be required from the client. (Deloitte and client).

Australian Government invite visa applicant to make complying investment (Deloitte and Client). Complying investment made within stipulatedtimeframe (Client).

Visa grant to

applicant and

dependent family

members

included in the

application

(DHA)

CONFIDENTIAL

© 2018 Deloitte Touche Tohmatsu. All rights reserved.

888 Business innovation stream Investor stream Significant investor stream

No history of unacceptable business activities Yes

Genuine commitment to maintain business

/investment activitiesYes

Nomination Yes

Residence1 year in the 2 years immediately before the

application

2 years in the 4 years immediately before

the application

Primary: 40 days a year, 160 days for the 4

years; or

Secondary: 180 days a year, 720 days for the

4 years

Ownership interest in qualifying business 51%， 30%， 10% N/A

Investment

NSW Sydney - AUD500,000，

NSW Regional - AUD300,000

VIC: AUD400,000

QLD: AUD200,000

AUD1.5 million designated investment, 4

years

AUD5 million complying significant investment,

4 years

Daily direct management Yes N/A

Business

Net business assets：AUD200,000; 12 months

N/A

Australian employees：two equivalent full

time; 12 months

Net business and personal assets：

AUD600,000;

12 months

Annual turnover AUD300,000; 12 months

Permanent 888 visa selected streams

CONFIDENTIAL

© 2018 Deloitte Touche Tohmatsu. All rights reserved.

Business Talent visaPermanent subclass 132

1

2

Owner or part owner of a business who want to have a major management role in a new or existing business in Australia.

Individual who have obtained at least AUD1 million in funding from an Australian Venture Capital Association Limited (“AVCAL”) approved Australian venture capital firm for the start-up, product commercialization or development of a promising high-value business idea.

Significant Business History

Venture Capital Entrepreneur

CONFIDENTIAL

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