Stacey Martin, Specialist Wealth Advisor - Expatriates and Significant Investor Visa, NAB Private Wealth.
Based in Sydney, Stacey provides personal advice for executives, business owners and their families who's careers take them offshore.
As Asia Ambassador, and Chair of NAB's Significant Investor Visa (SIV) proposition, Stacey works closely with migration, banking, tax and legal specialists to deliver an integrated service for investment migrants.
She also founded the Expat Advisors Community for professionals with internationally connected clients.
With an extensive financial services career, Stacey Martin from Strategic Connector Pty Ltd provides a range of business and consulting services leveraging experience from serving high net worth individuals and families in Australia and China.
This includes consulting, facilitation and business development services from initial scoping, to strategy development and implementation. Services are provided via consulting and retainer fees, and where applicable success fees based on the projects desired outcome.
Per hour – $300*
Half-day – $900*
Full-day – $1,500*
Monthly Retainer Fees
1 day per week – $5,000*
2 days per week – $9,000*
Full-time projects by arrangement
MC up to half day – $2,000*
MC full day – $3,500*
Keynote – from $2,000* to $5,000*
Consulting and Retainer Fees subject to project needs
Success Fees by arrangement
Includes but not limited to out-of-pocket expenses such as airfares, accommodation, coordination of other services and professionals, social media engagement and travel time.
50% of initial engagement fee payable upfront and then via invoice within 7 days.
Strategic Connector Pty Ltd ABN 24613812150, Level 24, Three International Towers, 300 Barangaroo Ave, Barangaroo, NSW Australia 2000
Engaging with Stacey Martin and her extensive network of local and international professionals will help open doors and fast-track your strategy or project in the AusChina and AusAsia markets.
Disclaimer: Whilst Stacey Martin has previously worked as a licensed Financial Advisor, she does not currently hold an Australian Financial Services Licence (AFSL). Those engaging Stacey for consulting, business matching and facilitation services will need to ensure they meet their own regulatory and compliance requirements.
Economic citizenship programs are not new. There are investment migration programs in nearly 100 countries including Canada, the US, UK, NZ, European Union and the Caribbean. These programs provide the host country access to foreign direct investment to potentially boost growth and employment.
For the wealthy, economic citizenship programs provide greater global mobility, family security and lifestyle, investment, tax and estate planning opportunities. For Australia, our key attraction is our enviable lifestyle, stable political climate, investment opportunities, as well as children’s education.
Australia’s SIV program
Of all the visa categories in Australia, the SIV program only accounts for around 0.1% of visas granted. However, with the minimum complying investment of $5 million, this visa category has generated more than $10 billion of investments into Australia from the 2,022 temporary visa’s granted to June 2018.
Whilst key beneficiaries to date have been investment managers, the capital has enabled them to make further investments and has resulted in $90M into the venture capital and private equity (VCPE) sector under the updated complying investment framework.
Further, applicants have engaged business and professional services starting with migration advisors to accountants and tax advisors with some seeking advice in corporate finance and succession planning.
Additional Investment in Australia
Many of these investment migrants would like to invest more into Australia, but understandably they want to wait until permanent residency has been granted which can take up to 6 years. Whilst Australia has investment objectives for the program, these HNWI’s have their own interests and agendas. Many are interested in passive investment in residential and commercial real estate and fixed income generating high yields.
Some SIV applicants have already invested in businesses and sectors they know. This has included industries such as manufacturing, accommodation and food services as well as professional, scientific and technical services. One venture capitalist has invested an additional $10M across medical services, the Barangaroo casino and a winery in Adelaide which now exports to China.
However, it takes time to build business networks and to gain an understanding of Australia’s investment landscape, legal and taxation frameworks. Other impacts on the level of additional investments to date have been general uncertainty of the global economic environment and regulatory constraints including tighter capital controls out of China.
Where to from here?
The journey of the SIV investor is not over. These entrepreneurial individuals will not only start to make additional investments, but will play more of a role in our economy, sharing their skills and experiences in our local workforce and communities. Many have already undertaken philanthropic activities including volunteering and impact investing in areas such as the environment, youth, health, the arts and culture.
Australia is a country of immigrants and with our relatively small economy we need access to foreign capital. Many Australian businesses are seeking investment not only for expansion but to access new markets and distribution channels. Cultivating business networks both formally and informally are essential to facilitate trade and investment across borders. The SIV program has increased those international linkages, particularly with China, which has attracted the majority of SIV applicants, who is our largest trading partner.
For more detail you can view the Deloitte Private paper here.
Many SME’s are unaware of the range of government support and grants available to help grow their business. One of those for SME’s looking to internationalise is the Export Market Development Grant (EMDG).
Australia’s largest services exports are education and tourism, however there are increasing opportunities for other services based companies. If you are exporting, that is generating revenue from overseas and undertaking marketing to do so, you may be eligible for the EMDG.
The program is administered by the Australian Trade and Investment Commission (Austrade). Eligible expenses include:
marketing consultant expenses
Once you have spent at least $15,000 on eligible expenses (first claim can be across 2 years) you can claim 50% above $5,000.
For those looking to attend a trade mission, this includes the consultant/mission fee, airfares, marketing documents including website for promotion and an allowance of $350 per day to cover accommodation and other expenses.
Note however it excludes some financial services, migration and real estate.
If you think you may be eligible, speak to your accountant of go to the Austrade website here.
Is your LinkedIn profile attracting the right connections? Stacey chats to Jillian Bullock a LinkedIn Ninja about how LinkedIn is a powerful business tool, the power of hashtags, and how you can make sure your LinkedIn profile is attracting the right business connections.