Australia has shut down its entire Business Innovation and Investment Program, including the Business Innovation Stream, the Significant and Premium Investor Visa streams, and Entrepreneur streams. There won’t be any new visa allocations to the program, which effectively means the program will cease to exist once pending applications are processed The program has helped more than…
It pays to be an investment immigrant during the COVID-19 pandemic. Australia’s borders have been closed since March 2020 with exemptions from these travel restrictions granted to a select few categories of individuals. These include citizens, permanent residents, diplomats – and Significant Investor Visa holders. In fact, all migrants under Australia’s Business Innovation and Investment…
Fund managers want the Australian government to speed up the processing of Significant Investor Visa applications to protect startups from the devastating impact of the COVID-19 pandemic. Significant Investor Visa: Unique Program Australia’s Significant Investor visa is unique as the only program run by a developed country requiring all applicants to invest in venture capital…
Fund managers catering to wealthy Chinese investors have come up with suggestions on Australia’s Significant Investor Program. The last major review of Australia’s Significant Investor Program in 2015 led to significant changes like bar on residential real estate purchase and mandatory investments in venture capital, private equity funds, and small cap/emerging companies’ funds. With the…
Australia’s real estate sector is set for a much-needed boost as hundreds of Significant Investor Visa candidates get their most returned and permanent residence status. Come July 2019, around 880 candidates who applied under the SIV program between 2013 and 2015 are likely to become Australian permanent residents and receive their investments back. $4.5 Billion…