Australia’s New Home Minister Hints She May Close Significant Investor Visa Program
“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 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 moreThe total investment amount for the Investor Visa will rise from AUD 1.5 to AUD 2.5 million on July 1st.
Read moreProcessing capacity has tumbled since the onset of the pandemic, but Australia has plans to make up for lost investment this year.
Read moreWhile the program is as popular as ever, Australia has struggled to process applications during the pandemic.
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 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
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