SIV program to be expanded and improved

In an announcement issued by Tony Abbott on the 14 October 2014, the Government to expand and improve the Significant Investor Visa programme. At present, SIVs are available for applicants having an eligible investment in Australia of A$5 million, for a minimum of four years. The Government will reform the programme to encourage more high…

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Govt’s significant investor visa scheme sparks Chinese interest

The Australian federal government’s significant investor programme has sparked interest from Chinese industrialists in investment bank Moelis & Co’s $500 million property fund, according to The Australian Financial Review. Although the programme, which allows investors access to visas for a minimum sum of $5 million, has not led to a flood of wealthy immigrants, the advisory…

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