Transformation of Globevisa Australia in the Transitional Period
Since 1981, when the Australian government initially introduced Business and Investor Migration, individuals applying under this category have made significant contributions to the economy. Despite numerous rumors circulating about potential quota reductions, increased thresholds, and substantial backlogs, industry stakeholders remain optimistic as the new fiscal year begins. They believe that the government recognizes the necessity of attracting more entrepreneurs and investors to aid in the economic recovery from the pandemic.
However, this year holds special significance for the Australian immigration industry: it came as a surprising development that in the new financial year, the Australian Home Affairs office, due to a substantial backlog, did not allocate any quotas for new applications in the Business and Investment category. As a prominent company specializing in business migration, our primary revenue source has traditionally been the Australia Business Innovation and Investment (Provisional) Visa, also known as the 188A/B/C. In this season of significant change, the Globevisa Australia Brisbane office found itself at a transformative juncture. Our CEO, Henry, following an exhausting marathon on a scorching day in Sydney, he flew to the Globevisa Brisbane office to conduct a strategy planning meeting with our team, and delivered a concise address to our local team and urged them to confront the challenges and pivot our strategy. We were shifting from offering solely Australian legal services to providing immigration services worldwide, aligning with our group’s “Supermarket model” approach, with the goal of transforming Globevisa into the “Amazon of the migration industry.”
CEO, Henry, with Globevisa Brisbane Team
Our Country Head, Victor Wang, and his team possess a strong belief in this revolution. With a portfolio encompassing 300 programs spanning over 40 countries, the situation in Australia is noteworthy. There exists a substantial backlog, leaving a considerable number of High Net Worth Individuals (HNWIs) languishing in lengthy queues for permanent residence. Hence, a Plan B, involving relocation to another country such as the United States, Canada, the United Kingdom, or a European Union (EU) nation that offers a golden visa through investment with minimal or even no residential obligations, as seen in Portugal, Malta, and Greece, is likely to be warmly received.
Henry and Victor (Head of Globevisa Brisbane Office)
Similar to our CEO’s enduring commitment to running marathons, Globevisa continues to adapt to the evolving world and maintain our competitive edge by offering the finest services across a range of product options.