Global Power | Local Knowledge | Uniquely Personal
中文

New entry visas for Chinese businesses

Changes have been made to the length of entry visas for Chinese business people visiting Australia.

Changes have been made to the length of entry visas for Chinese business people visiting Australia.

The ministers for trade and investment and immigration and border protection confirmed the new proposals will allow Chinese visitors to qualify for a three-year entry visa rather than the previous 12 month period.

Extensions were applied to the visa criteria following the recent decision to increase seating capacity allocated to Chinese airlines during the Chinese New Year period and it is hoped it could boost trade between the two nations.

"These changes will also support the government's ambitious trade and investment agenda and increase the opportunities to do business with China," explained Andrew Robb, minister for trade and investment.

He added that Chinese investment in Australia has increased significantly between 2002 and 2012 and now totals around $23 billion.

According to the latest official visitor numbers, there was a total of 713,900 arrivals from China in the past year - significantly up from 190,000 in 2002.

Posted by Steve Douglas.

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

Subscribe Now