We have all been hearing about Why China and the scale of the opportunities which are massive. But how can you navigate the market and be confident there is demand for your project or service, ensure marketing is tailored to the culture and importantly get the right introductions to support your business growth objectives.
Expat Advisors Community
We are a group of professionals that serve international clients, predominantly from Asia. Contact us for to be part of our network, for relevant business introductions or attend our own and partner forums including the annual Asian Financial Forum delegation. www.expatadvisorscommunity.com.au
Significant Investor Visa (SIV) – Consulting and Concierge services
Since the changes to the investment framework for this inbound migration program, it is even more important that potential applicants, the majority from China, get the right advice from the right professional at the right time.
We welcome potential applicants and migration agents to contact us to see how we can support you throughout the journey and for product and solution providers to ensure they have an appropriate proposition to serve this market. www.sivconsultant.com.au
Business Connections and Support Services
Expat Advisors Community works with a number of trusted partners. and subjects to your needs and objectives can provide shortcut by arranging appropriate introductions. These currently include:
Dearin & Associates: International Business Accelerator course – details here.
Farms and Finance: connecting Australian agriculture with Chinese capital – details here.
Australian Services Roundtable: SME mentoring for internationalisation – details here.
BasisPoint: SIV events and China market intelligence.
More on our range of Aus-China Business and Consulting services here.
Immigration New Zealand has made a smart move to discourage applicants from placing investments entirely in bonds. From 22 May 2017, where 50% of the investor visa funds are invested in “growth oriented” investments, the amount that is required for the Investor 2 visa is discounted by NZD 500,000.
With similar climates, wide-open spaces, good schooling and a strong economy, like Australian, New Zealand is an attractive destination for migration and is already popular in China.
Investor 1 (Plus) Category – 3 years
This investor visa is NZD 10 M. Where 25% is invested in “growth oriented” investments the physical presence requirement of 88 days will now be spread over 3 years, rather than 44 days each in years 2 and 3.
Investor 2 Category – 4 years
This investor visa is now NZD 3M up from NZD 1.5M which also required NZD 1.0M of settlement funds. Under the new rules only NZD 2.5M will be required where 50% is invested in “growth oriented” investments. The physical presence requirement of 438 days to be spread over the 4 year term rather than 146 days in years 2,3 and 4.
Note there is a limit on the number of these visas of 400, increased from 300. There is also a softer “business experience” definition of 3 years, although English language skills are required and applicants must be under age 65.
- Growth oriented investments – New Zealand shares unlisted or listed either directly or through managed funds, and new residential property developments designed for commercial return, not personal use
- Non-growth oriented investments – New Zealand Government and corporate bonds including banking and financial firms, and philanthropy to a maximum of 15%.
New Zealand Citizenship
Once the visa has been granted the pathway to permanent residency is just one year. Further, the opportunity to include investment in certain “off-the-plan” property will be well received by those who prefer investing in real estate and want to have a home for the family or children studying at the end of the four-year visa term.
For those who are weighing up the options, the NZ Investor 2 being equivalent to AUD 2.2M is less than half the amount of Australia’s AUD 5M Significant Investor Visa.
Stacey Martin is the founder of Expat Advisors Community, a network for professionals with internationally connected clients. With a background in financial services, today Stacey consults on investor migration managing relationships between Asia, in particular, China, Vietnam, India and Australia, New Zealand. She is the author of “Smooth Road to Travel: China to Australia” which can be downloaded here.
For more information contact firstname.lastname@example.org or call +61 (0) 413 127 677.
Australia is an attractive market for foreign investors, particularly when in comes to owning property including land. However, with escalating property prices in Sydney and Melbourne, the Australian and State Governments have made it more restrictive for foreign residents to purchase residential property in Australia.
In this article, Ben Weeding from Buyside buyers agency outlines what investors can currently do when it comes to purchasing properties in Australia. Continue reading Buying property in Australia – what overseas investors need to know
Australia has a vast amount of land and whilst not all is suitable for farming has become attractive to foreign investors particularly with the need for increased production with global population growth.
Proposed direct interests in an agribusiness generally require Foreign Investment Review Board Approval (FIRB) where the value of the investment is more than $55 million.
However, where the purchaser is from a country where Australia holds a Free Trade Agreement (FTA) there is no limit. Current FTA countries include New Zealand, Canada, Chilie, Korea, Japan, Thailand, Malaysia, Singapore and the US.
Agricultural businesses include forestry and fishing as well as processing for meat, poultry, seafood, dairy, fruits and vegetables, grains and sugar.
This is land that can be used for a primary production business.
All proposed investments in agricultural land by foreigners must be notified to the Australian Taxation Office Register of Foreign Ownership. Approval is required where the cumulative value exceeds $15 million, again except FTA partners.