The Australian government is considering new rules that would allow migrants to buy their way into Australia for as little as AU$ 50,000. The government’s independent think tank – the Productivity Commission – is evaluating a price-based immigration system that would use entry fees to determine who gains entry to Australia. The scheme is being proposed to bring in billions of dollars of much-needed revenue to help the government reduce its budget deficit.
Australian Government Considers Adopting Price-Based Immigration System
Categories: Investors Blog
Related Post
- Greek Golden Visas to Soar in 2024 on Strong Economy and Portugal’s Golden Visa Revamp
Growing foreign investor interest in the Greek economy may result in a surge in demand…
-
Prince Edward Island PNP Draw: Province Issues 9 Business Immigration Invitations In PNP Draw
Prince Edward Island has issued 9 entrepreneur immigration invitations in a new business draw through…
-
Regional Collaboration Urged for Caribbean CBI Schemes
The two-day Citizenship by Investment event hosted in St. Kitts and Nevis focused on the…