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Australia Suspends Significant Investor Visas to Get New System in Place

Australia will suspend applications for significant investor visas applications from April 24 until the end of June in order to implement changes to the investment framework. The changes include a requirement for 20% of the $5 million of investment to go into early stage, growth capital investments, and 30% of the investment to go into emerging listed companies.

Source: Australian Forum

Categories: Investors Blog
Colin R. Singer: Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca and one of Canada’s foremost senior corporate immigration attorneys. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years.
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