Updates

155 SIV2’s granted with 150 awaiting approval

 With so much going on in the world, lifestyle destinations such as Australia and New Zealand are benefiting from investor migration. Whilst in both countries the majority have been from China, enquiries are increasing from other Asians countries as well as UK, US and South Africa.

The number of Significant Investor Visa (SIV) applications approved under the new investment regime to 31st March 2017, which includes $500,000 of the $5M into venture capital and the balance in Australian managed funds, has increased by 19 in last month to a total of 155, with a further 150 applications lodged and awaiting approval.

According to the Department of Immigration and Border Protection, the total number of SIV’s granted since the commencement of the program on 24 November 2012 is now sitting at 1,788, with 1,623 under SIV1 and 155 under SIV2.

The top five source countries of investor migrants to Australia is:

  • China – 88%
  • Hong Kong – 2.9%
  • Malaysia – 1.3%
  • South Africa – 1.2%
  • Vietnam – 1%

The NSW government has recently held roadshows in China and Malaysia and in June will present on the business, investment and lifestyle opportunities in Vietnam and Hong Kong.

Stacey Martin has an extensive career in financial services and private wealth management and founded the Expat Advisors Community network for professionals with internationally connected clients. As a trusted authority on the Significant Investor Visa (SIV) program, Stacey provides relationship management services for applicants to Australia and New Zealand,  predominantly from China, Vietnam and India. She is the author of “Smooth Road to Travel – China to Australia” which can be downloaded here. 

NSW migration and Vietnam business expo: 9th to 13th June

The NSW Department of Industry earlier this year held the second roadshow to in China and Malaysia promoting the business, investment and lifestyle benefits offered by NSW. The next leg is to Vietnam in June, before completing the roadshow in Hong Kong.

The objective is to increase awareness of the state’s welcoming business environment to Asian key migration industry stakeholders and business, entrepreneur and investor migrants, and present on the NSW business and investor migration program including the Significant Investor Visa (SIV).

The NSW Department of Industry will be hosting events on the following dates:

  • Ho Chi Minh City – Friday 9 June 2017
  • Hanoi – Tuesday 13 June 2017
  • Hong Kong – Thursday 15 June 2017

To augment the Vietnam program, NSW Australia Vietnam Business Council (AVBC) and Vietnam Sydney Business Association (VSBA) are running a conference and trade expo focused on business matching, bilateral trade and investment opportunities.

Conference on Australia-Vietnam Investment & Trade Expo

The conference, expo and a range of private events will be held over the weekend between the NSW Trade events on Friday in Ho Chi Minh and Tuesday in Hanoi. There are currently around 20 businesses exhibiting including migration, financial services, real estate, education, agriculture and other products and services.

There are still expo booths available. and information on the sponsorship packages can be downloaded at: AVBC Roadshow.

Media Partner is AV Media providing promotion ahead of and throughout the event.

Ho Chi Minh City

Accommodation: Liberty Central City Point, 59 Pasteur, Ben Nghe Ward, District 1 Ho Chi Minh Vietnam 

Friday 9th June

  • 3.00 pm to 6.00 pm: NSW Department of Industry eventvenue tba
  • 7.00 pm: Welcome Dinner at Ly Club Saigon for AVBC delegates (excludes drinks)

Saturday 10th June

7.00 am – check-out and transfer to Conference at Rex Hotel, Nguyen Hue St, Ben Nghe, I District, Ho Chi Minh

  • 8.00 am to 10.00 am: AVBC Program – product and services displays and short presentations by AVBC and sponsors
  • 10.00 am to  12.00 pm: NSW Government Program – seminar with NSW Trade, Apex Migration, Fund Managers and Education
  • 12.30 pm: Lunch for delegation at local restaurant

1.30 pm: transfer to Saigon (HCM) airport for flight to Hanoi for 3.30 pm flight to Hanoi arriving 5.40 pm

Hanoi

Accommodation: Pan Pacific Hotel, 1 Thanh Nien Road Ba Dinh District 10000 Hanoi

  • 7.30 pm: Dinner at Pan Pacific Hotel, Hanoi

Sunday 11th June

9 am: transfer from Pan Pacific Hotel to Prime Ministers Office

  • 10.00 am to 11.00 am: visit Vietnam’s Prime Minister Office with Australia Ambassador (VIP delegation package)

11 am: transfer to National Convention Centre

  • 2.00 pm to 5.00 pm: AVBC Show Australia Vietnam Investment and Trade Expo

Companies of various industries from fields of investment, real estate, education, farming, technology, etc., coming from Australia and Vietnam, will have stands, to show their products/services (marketing materials, business cards available to exchange) 

Vietnam: Projects calling for foreign investment from both cities HoChiMinh and Hanoi are presented on stands.

Australia: Investment opportunities in NSW are available – products, technology, know-how and service are shown to the visitors.

  • 2.30 pm to 3.00 pm: Meeting Mr Hung – Vietnamese Olympic Rowing team travelling to Australia in Sept 2017
  • 5.00 pm to 7.00 pm: NSW  Government Program – seminar with NSW  Trade, Apex Migration, Fund Managers and Education
  • 7.00 pm to 8.30 pm: Dinner with Prime Minister of Vietnam (VIP Delegates – includes speeches from Diamond, Platinum, Gold and Silver sponsors

8.45 pm: Transfer from Convention back to Pan Pacific Hotel

Monday 12th June

9.30 am – depart for morning meetings

  • 10.00 am to 11.00 am: Meeting Minister for Science & Technology
  • 11.30 am: Lunch at local restaurant
  • Handicraft Village Association and Vietnam Industrial Park

1.50 pm:  transfer to airport for those delegates departing

  • 5.00 pm to 7.00 pm: Networking Event hosted by VSBA at Villa Convention Centre

Tuesday 13th June

  • 3.00 to 6.00 pm: NSW Department of Industry eventvenue tba

Costs for AVBC’s Mission

Delegate and Sponsor packages for the mission are summarised as follows:

  • Australian delegate – including flights ex-Sydney and accommodation 1 night in HCM & 2 nights Hanoi  – $3,000
  • Local delegate (excludes flights and accommodation) – $1,000

Accommodation in Ho Chi Minh is $160 pn and Hanoi $120 pn

Sponsorship Packages
  • Silver to Diamond range from $18,000 to $40,000 depending on size & location of prominent expo booth, including speaking spot at VIP dinner, translator, marketing and media and AVBC membership
  • Standard and premium are $3,000 and $8,500 for expo stand and some marketing and media. Both packages include accommodation.

For more information about the Vietnam trade delegation and expo and participation as a Delegate or Sponsor contact us here.

Stacey Martin is the founder of Expat Advisors Community, a network for professionals with internationally connected clients. With a background in financial services, today Stacey consults in investor migration managing relationships between Asia, in particular, China, Vietnam and India and Australia and New Zealand. For more information contact Stacey here.

NZ Investor Visa program to include residential real estate

In June 2016 Australia changed the investment migration program to include venture capital to direct funds into areas which needed access to capital. Our friends across the ditch are also looking to have investments directed into growth assets rather than government bonds with final changes to their investment migration program due to be announced on 22 May 2017.

Australia’s investor visas are set at AUD 5M for the Significant Investor Visa (SIV) and AUD 15M for the Premium Investor Visa (PIV). New Zealand has an NZD 10 M Investor Plus program and are set to double the NZD 1.5M Investor program, but will give a reduction to NZD 2.5M (AUD 2.2M) to those that elect to invest half in growth assets.

The Australia program is very prescriptive in the management of the underlying assets within tight constraints, while in New Zealand complying investments can be in NZ shares either held directly or via a managed fund as well as NZ debt securities, and venture capital.  In addition to commercial property, new residential real estate developments which meet the parameters of the NZ Immigration program can also be used as part of the growth asset component.

Bear in mind the Investor 2 visa, unlike Investor Plus does have an age limit of 65, English language requirement, and requires more days to be spent in New Zealand  but the granting of NZ citizenship has been reduced to just one year after the 4 years holding period to permanent residency (3 years for Investor Plus).

With strong economic growth, a safe environment and clean air and good education system, New Zealand is understandably popular with those seeking a relaxed lifestyle for their families.

For a summary of the current and proposed NZ Investor Visa rules check out the comparison document: Investor Factsheet interim for use prior to May 2017.

For more information on investment migration to Australia and New Zealand contact Stacey Martin, Founder of Expat Advisors Community here.

Consulting and Business Services – Fee Schedule

With an extensive financial services career, Stacey Martin from Strategic Connector Pty Ltd provides a range of business and consulting services leveraging knowledge and expertise from serving HNW clients across jurisdictions with a range of bespoke solutions.

Business coaching and consulting services, from initial scoping and planning, to strategy development and implementation, services are provided on a fee for service and/or success basis tailored to meet the client’s individual needs and objectives.

Engaging with Stacey and her extensive network of local and international professionals will help open doors and fast-track your strategy or project in the Aus-China & Aus-Asia market.

Consulting and Coaching Fees
  • Per hour – $375*
  • Half-day – $900*
  • Full-day –  $1,500*
  • Package of six sessions (90 mins) – $3,000*
Monthly Retainer Fees
  • 1 day per week – $5,500*
  • 2 days per week – $10,000*
  • Full-time projects by arrangement
Speaking Fees
  • MC up to half day – $2,500*
  • MC full day – $4,000*
  • Keynote – from $5,000*

*plus GST

Business Matching Fees

Agreed fees for business introductions and deal facilitation.

Significant Investor Visa
  • For SIV applicants – project management fees
  • For financial advisors – marketing fees
  • For fund managers – marketing fees

Subject to minimums per client case – contact us for details.

Expense Reimbursement

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.

Payment Terms

50% of initial engagement fee payable upfront and then via invoice within 7 days.

Bank Details

Strategic Connector Pty Ltd BSB: 083-088 A/C No: 29-884-2082

 

Disclaimer: Whilst Stacey Martin has previously worked as a licensed Financial Advisor, she does not currently hold an Australian 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.

Will the changes to the 457 Visa stream impact on SIV?

A major overhaul of the Employer Sponsored visa known as the 457 was announced by the Australia’s Prime Minister Malcolm Turnbull on Tuesday afternoon on Facebook. 
What is the 457 program and what changes have been announced?

The 457 Visa pathway is designed to attract foreign workers to Australia to fill local skills shortages. The four-year Employer Sponsored visa also enables workers to apply for permanent residency in Australia. Continue reading Will the changes to the 457 Visa stream impact on SIV?