Australia BIIP Applicants Protest as Permanent Residency Wait Times Balloon
The decision to de-prioritize BIIP visa processing has seen wait times extend from a few months to many years. Applicants feel short-changed.
Read moreThe decision to de-prioritize BIIP visa processing has seen wait times extend from a few months to many years. Applicants feel short-changed.
Read more“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.
Read more“It is a visa program that I think isn’t adding value to the country,” said the Home Affairs Minister in a recent press conference.
Read moreHoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.
Read moreVietnamese, Iranian, South African, Indian, and British applicants all saw approvals far above historical norms, even adjusting for the higher quota.
Read moreThe total investment amount for the Investor Visa will rise from AUD 1.5 to AUD 2.5 million on July 1st.
Read moreAustralia has made it a criminal offense for its citizens to return if they’ve recently been in India. Michael Krakat questions the legality of this move.
Read moreAustralia expects the majority of approved BIIP applications this year will come from the 24,000-strong backlog of cases.
Read moreProcessing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.
Read moreAustralia is bringing wide-ranging changes to its extremely popular BIIP, cutting five categories and raising capital requirements.
Read moreWhile the program is as popular as ever, Australia has struggled to process applications during the pandemic.
Read moreIn 2013, Nobel Laureate Gary Becker suggested the best way for a country to attract skilled immigrants was to sell citizenship at auction.
Read moreThe Ministry is targeting “those who are going to grow Australian businesses, create Australian jobs and supercharge our economic recovery.”
Read moreThe Universal Declaration on Human Rights states that “Everyone has the right to leave any country, including his own, and to return to his country.”
Read moreCapped at 6,862 applications a year, Australia’s BIIP is invariably oversubscribed. This, says the government, leaves room for significant price increases.
Read moreThe program’s largest fund manager says that, thanks to non-SIV follow-up investments, total FDI arising from the program may be close to A$50 billion.
Read moreClose to 80,000 investor migrants and dependents have obtained Australian visas under the BIIP, but 18,682 applicants are “in the pipeline”.
Read moreWe’ve put together an overview of the world’s most popular residence by investment programs, backed by official statistics. A note on the
Read moreApplications to Australia’s Significant Investor Visa (SIV) program has fallen from an average of 46 a month during the 2015/2016 fiscal year
Read moreFresh figures from Australia’s Department of Immigration and Border Protection show that since its beginning less than four and a
Read more