Congratulations to customers T.N & T.D, Visa 188A, for successfully obtaining Pre-Approval for explaining their income source as “Director Fee,” even though they have only been operating their business for 2 years.
Challenge: The customers are currently residing in Australia under the Business Innovation and Investment Visa (subclass 188A) and are self-employed business owners with stable revenue for over 2 years. However, they faced difficulties in explaining their income source.
The customers’ income source at their company is paid as “Director Fee” and the total income is settled at the end of the financial year. However, in reality, the customers only received slightly more than half of the total income from the company in the past 2 years of tax declaration. With the new policy from some banks, the bank will only approve income from the company’s weekly salary payments to the Director.
Result: With years of experience in finance and accounting, Bluewise successfully assisted the customers in explaining their stable income source and received Conditional Approval from the bank on March 16, 2022.
Next, Bluewise will also assist the customers in finding suitable properties and provide a Property Report for customers to have information on:
- Property history.
- Comparison of prices around the property within 3-6 months.
- Demographic information of the area: age, average income, etc.
- Detailed information on schools: schools near the area.
- Real estate market trends: the rate of growth in property value.
Contact Info:
- Bluewise Group | Bluewise Business Advisory | Bluewise Migration Advisory
- Head Office: Liberty Plaza – Level 1, 28/256 Chapel Rd Bankstown NSW
- HCM Branch: 339/10A Le Van Sy, Ward 13, District 3, Ho Chi Minh City
- Hotline: AU 0450 895 589 – VN 1800 599 932
- Email: bw@bluewisegroup.com.au