Australia Sharply Reduces BIIP Visa Availability for 2023/24 Despite Record Backlog
“The future of the BIIP is uncertain,” writes James Hall, pointing to new planning levels that will exacerbate the already huge backlog.
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Australia Cuts New Intake for Business Innovation and Investor Program by 88%
Hoping to reduce 30-month processing times for business investor visas, Australia’s government is drastically restricting new applications.
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New Zealand Investor Visa Sees Strong Rebound in 2022: NZ$ Half Billion Raised in First Three Quarters of FY
After two years of falling approvals and investments, all arrows finally point in the right direction for New Zealand’s investor visas.
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NZ Govt. Reportedly Mulls Ending Category 1 Investor Visa, Raising Capital Requirement to NZ$25m
“The program is a mess at the moment,” says ANZ Migration’s James Hall. Some of his clients have waited more than a year for approvals that normally take 3 months.
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Queensland BIIP Nominations Reach Capacity Just 7 Months Into Fiscal Year
Australia expects the majority of approved BIIP applications this year will come from the 24,000-strong backlog of cases.
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Australia Announces Major Changes to BIIP: Cuts 5 Categories, Raises Capital Requirements
Australia is bringing wide-ranging changes to its extremely popular BIIP, cutting five categories and raising capital requirements.
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Australia to Double Its Investor Visa Quota as Part of Economic Recovery Plan
The Ministry is targeting “those who are going to grow Australian businesses, create Australian jobs and supercharge our economic recovery.”
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