
The Final Shakedown: 8 Countries That Tax You for Leaving
Most people plan where to move. Few consider what their current country will charge them for leaving.

Most people plan where to move. Few consider what their current country will charge them for leaving.

David Lesperance predicts wealthy will flee Australia over unrealized gains tax: “super rich are no longer sticky.”

“The foreign buyer ban is not just important because people would like to be able to own a home here, but even the words ‘foreign buyer ban’ are words that turn people off”

Peter Dutton plans on reviving the visa, although he didn’t share a detailed plan. James Hall isn’t sure if this is true or a publicity stunt

Siren Chen compares the NIV’s nomination process to similar programs in Canada and the United States, noting distinct requirements

Henry Fan’s inbox flooded: 300+ govt emails reveal unexpected twists for Australian visa hopefuls amid BIIP shutdown.

Everyone needs a contingency plan for if/when World War 3 breaks out. James Nuveen details six bolt-hole jurisdictions that may surprise you.

Henry Fan: “It seems the Australian government would rather give back the money than approve the [BIIP] applications.”

James Hall says a tiny annual quota and a huge backlog imply decades of waiting. But Australia may soon introduce a new investor visa.

Conflicting media reports about whether Australia’s BIIP is closed or still open have confounded the market. James Hall clears up the confusion.

Australia is closing down its entire suite of investor and entrepreneur programs, citing insufficient fiscal benefits and dubious applicants.

The decision to de-prioritize BIIP visa processing has seen wait times extend from a few months to many years. Applicants feel short-changed.

“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.

“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.

Hoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.

Vietnamese, Iranian, South African, Indian, and British applicants all saw approvals far above historical norms, even adjusting for the higher quota.

The total investment amount for the Investor Visa will rise from AUD 1.5 to AUD 2.5 million on July 1st.

Australia 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.

Australia expects the majority of approved BIIP applications this year will come from the 24,000-strong backlog of cases.

Processing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.