For the new Business and Investment Program 2021-22, South Australia has removed two steps from their application process used in the previous 2020-21 program year.
These two steps are the removal of the exploratory visit to South Australia and also the removal of the requirement to submit an ‘Intention To Apply’ (ITA) form for the 2021-22 program year.
Accordingly, they will be assessing state nomination applications for Subclass 188 visa products in four quarterly periods during the 2021-22 program year to assist with management of the allocation quotas provided by the Commonwealth Department of Home Affairs (DHA) over the entire program year.
The indicative dates are:
- Round 1 Assessment: 2 August 2021 – 24 September 2021
- Round 2 Assessment: 25 October 2021 – 17 December 2021
- Round 3 Assessment: 31 January 2022 – 25 March 2022
- Round 4 Assessment: 2 May 2022 – 24 June 2022
The application assessment timelines may be impacted by the volumes received and will be communicated accordingly throughout the program year as each assessment round is completed.
Applications for state nomination for the Subclass 188 Business Innovation, Investor & Significant Investor streams will open on Tuesday 20 July 2021. Application access for the Subclass 188 Entrepreneur stream will follow in August and a further announcement regarding this will be provided by them in due course.
With the 2020-21 program year now complete, they will progressively update the information on their website throughout July month. All information on the 2021-22 program year nomination requirements and application process will be available on their website by Tuesday 20 July 2021.
For more information, please contact our Business & Investment Migration Specialist for a FREE & PRIVATE CONSULTATION at +614-5077 2380 or email to: info@auslife.com