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Asia-Pacific Policy Updates

Australia Cuts New Intake for Business Innovation and Investor Program by 88%

August 27, 2022August 27, 2022 Christian Henrik Nesheim australia, biip, club, james hall, policy updates

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

Asia-Pacific Editor's Picks Intel & Data

Australia Approves Record BIIP Applications in FY2021: 10x Increase in Hong Kong Applicants

December 26, 2021December 26, 2021 Christian Henrik Nesheim asia-pacific, australia, biip, club, data, investor stream, investor visa, significant investor, statistics

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

Asia-Pacific Policy Updates

Australia to Raise Investor Visa Min. Investment by Another Million From July

May 20, 2021May 20, 2021 Ahmad Abbas asia-pacific, australia, australia siv, biip, club, golden visa, policy updates, residence by investment, siv

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

Asia-Pacific Policy Updates

Queensland BIIP Nominations Reach Capacity Just 7 Months Into Fiscal Year

March 1, 2021March 1, 2021 Christian Henrik Nesheim asia-pacific, australia, biip, club, data, james hall, policy updates, queensland, statistics

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

Asia-Pacific Editor's Picks Intel & Data

Australia BIIP Approvals Down Almost 40% in Year to June 30th, 2020

February 11, 2021February 11, 2021 Christian Henrik Nesheim asia-pacific, australia, backlog, biip, club, data, golden visa, residence by investment, siv, statistics

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

Asia-Pacific Editor's Picks Policy Updates

Australia Announces Major Changes to BIIP: Cuts 5 Categories, Raises Capital Requirements

December 17, 2020December 17, 2020 Christian Henrik Nesheim alan tudge, asia-pacific, australia, biip, club, golden visa, investment migration, james hall, residence by investment

Australia is bringing wide-ranging changes to its extremely popular BIIP, cutting five categories and raising capital requirements.

Asia-Pacific Policy Updates

Australia to Double Its Investor Visa Quota as Part of Economic Recovery Plan

October 12, 2020October 12, 2020 Christian Henrik Nesheim asia-pacific, australia, biip, club, golden visa, james hall, policy updates, residence by investment

The Ministry is targeting “those who are going to grow Australian businesses, create Australian jobs and supercharge our economic recovery.”

Asia-Pacific Policy Updates

Australian Govt. Says Min. Investment Requirements for Investor Visas Are Too Low

December 22, 2019December 22, 2019 Christian Henrik Nesheim australia, biip, club, consultation, policy, residence by investment, siv

Capped at 6,862 applications a year, Australia’s BIIP is invariably oversubscribed. This, says the government, leaves room for significant price increases.

Asia-Pacific Editor's Picks Intel & Data

After Three Years of Decline, Australia’s SIV Program Regains Momentum

November 10, 2019November 10, 2019 Christian Henrik Nesheim asia-pacific, australia, australia siv, biip, club, data, data and intel, residence by investment, siv, statistics, trends

The 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.

Asia-Pacific Editor's Picks Intel & Data

App. Backlog Nears 20,000 for Australia’s Business Innovation & Investment Visa

October 14, 2019October 31, 2019 Christian Henrik Nesheim asia-pacific, australia, australia siv, biip, club, data, golden visa, siv, statistics

Close to 80,000 investor migrants and dependents have obtained Australian visas under the BIIP, but 18,682 applicants are “in the pipeline”.

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