There are countless successful cases of investment immigration under the Australia 188B program.Today, I want to share a case that is quite special among our successful clients. All stages before the investment went smoothly, but during the investment process, there was an issue with the Australian account, leading to a pause in the investment. It seemed that the Australian identity was about to slip away. Even in such a situation, let's see how our gold medal team at Australia 188B investment immigration turned the situation around.

First, let me briefly introduce the application timeline of Mr. L:

July 2018 ------ Contract signing

August 2018 ------ Submission of EOI and state sponsorship

September 2018 ------ Received invitation letter

December 2018 ------ Submitted online application and full set of documents

May 2021 ------ First supplementary materials

June 2021 ------ Submitted first supplementary materials

June 2021 ------ Medical examination, etc.

June 2021 ------ Investment notification

October 2021 ------ Official signing

Mr. L's investment type is entirely stock investment. After submitting the full set of documents, he received responses regarding the medical examination and other matters smoothly after one round of regular supplementary materials. The client actively cooperated with the medical examination and other documents. With the support of the gold medal team at Australia 188B, the investment process went smoothly. Originally, stock asset investment should be more convenient and quicker than other property-type clients, and it should be able to refresh the approval duration for Australia 188B.

Unexpectedly, halfway through, a problem arose. During the process of liquidating the assets included in the stocks into Australian dollars, Mr. L encountered issues with his personal Australian account receiving Australian dollar funds. The funds could not be deposited, and even after contacting the Australian bank, he could not find out the specific reason for the account being frozen.

Mr. L urgently contacted us to inquire about possible solutions to the current predicament. After a detailed review by the Australia 188B project team, it was understood that the client was using a currency exchange company to convert to Australian dollars, transferring a certain amount of Australian dollars to his Australian account daily from different company accounts. This behavior continued for more than ten days. Currently, the currency exchange company he was working with could not transfer funds into his Australian account, but when he tried to transfer a few Australian dollars himself, it went through. However, the large amount of Australian dollar funds could not be transferred in, which was truly puzzling. He was already anxious and afraid to take any action, and at this point, only half of the 1.5 million Australian dollars had been prepared.

When the gold medal team at Australia 188B learned the details, they immediately assisted the client in contacting the bank regarding the Australian account to understand the possible reasons. However, the bank's backend response indicated that there were no issues with the client's account, and the funds could be transferred in and out without any problems. They assisted the client in trying to transfer a few small amounts of funds, which indeed could be received in the Australian account.

The root problem was identified with the currency exchange company the client had chosen. After extensive communication and material collection, the Australia 188B documentation team prepared two solutions.

The first was to open a new account for the client at the Australian bank to receive the RMB and Australian dollar exchange business generated with the previous currency exchange company, and then transfer the Australian dollars that had been exchanged into the new account.

The second was to use a more secure and reliable currency exchange company to handle the remaining part of the 1.5 million Australian dollars that had not yet been exchanged, directly transferring the funds to the designated investment account for state bonds, ensuring that the remaining funds had no issues.

Mr. L highly recognized the solutions suggested by our team. Good things take time, and before the investment deadline expired, the designated investment transfer was successfully completed, and the pre-signing and official signing arrived as scheduled. As the client wrote in his thank-you letter, when he was anxious and confused, we enthusiastically encouraged him; when problems arose, we calmly analyzed the situation, presented solutions, and guided him to respond calmly. Our Australia 188B project team is trustworthy!

For details on Australian immigration, please consult the international immigration experts at Shijie!