Australia BIIP Approvals Down Almost 40% in Year to June 30th, 2020
Processing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.
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siv
Australia’s SIV Raised A$680m in FY2020, But Processing Severely Thwarted by Pandemic
While the program is as popular as ever, Australia has struggled to process applications during the pandemic.
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Australian Govt. Says Min. Investment Requirements for Investor Visas Are Too Low
Capped at 6,862 applications a year, Australia’s BIIP is invariably oversubscribed. This, says the government, leaves room for significant price increases.
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After Three Years of Decline, Australia’s SIV Program Regains Momentum
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.
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App. Backlog Nears 20,000 for Australia’s Business Innovation & Investment Visa
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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Applications for Australia’s Golden Visa Down 72% From Peak As Chinese Lose Interest
Applications to Australia’s Significant Investor Visa (SIV) program has fallen from an average of 46 a month during the 2015/2016 fiscal year
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Chinese spent A$150M a month on Australian investor visas in last 4.5 years
Fresh figures from Australia’s Department of Immigration and Border Protection show that since its beginning less than four and a
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