Question 1

What is immigration property valuation?

Accepted Answer

Property valuation reports for immigration purposes have no different with other types of valuation reports. Immigration property valuation report is a submission of valuation assessment for Department of Home Affairs, mainly for asset declaration purposes. This valuation report is useful for applicants who apply for Business Innovation and Investment (Provisional) Visa Subclass 188 A, B, C and possibly E, and Visa Subclass 888. At Asia Valuation, our team is based in Australia and Hong Kong and China, we can help you determine the value of your property whether it is inside or outside Australia.

Question 2

Why is accurate property valuation essential in immigration cases?

Accepted Answer

Accurate property valuation is essential in the application of business investment visa, as the Department of Home Affairs is very stringent in approving application for such visa. Many applicants get rejected in the process of application due to not attaining certain requirement or amounts of their total net assets. Every dollar worth a chance in the application of Business Innovation and Investment (Provisional) Visa. Asia Valuation can directly deal with you or your migration lawyers, ensuring our valuation reports meet your needs for such a critical application.

Question 3

Can the ‘valuation for immigration purposes’ impact visa eligibility?

Accepted Answer

Yes, the valuation for immigration purposes may impact visa eligibility. The assessed valuation can certainly impact visa eligibility as the amount of total net assets in the valuation reports can become evidence of financial capacity in Australia. This is a critical checklist from Australian Government while approving any visa application for business investment subclass. A thorough property valuation report with proper qualification adds credibility ensuring a smoother application.

Question 4

What is the necessary qualification required for writing a valuation report for immigration purposes?

Accepted Answer

Australian Government is favouring MRICS over CPV in relation to immigration valuation matter as Immigration Department believed valuation experts in their respective home countries armed with stronger local market knowledge compared to valuers practising in Australia. And hence, we only appoint MRICS for immigration valuation matters inside and outside Australia as to avoid report rejection.

Question 5

Do you provide formal valuation services in languages other than English?

Accepted Answer

No. Our valuation reports are well-written in English and courts in Australia only accept Sworn Valuation Reports in English version. However, our team in Asia Valuation can provide verbal advice in Mandarin and Cantonese if required.

Question 6

Where are you located?

Accepted Answer

Asia Valuation has office locations in Melbourne and Sydney. We also have partner office in Hong Kong.

Areas We Serve:

Melbourne Suburbs

Sydney Suburbs

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