Whilst there was concern that the rate of applications was slowing down with the changes in the complying investment regime from 1 July 2015, there is still strong interest in Australia’s Significant Investor Visa (SIV) Business and Innovation Visa program.
Chinese integration and investment in Australia is the focus of the next BasisPoint Significant Investor Visa (SIV) event. It provides a leadership platform for the Chinese-Australian sector to discuss Chinese investments and integration in Australia.
The change in complying investments to the mandated $500,000 Venture Capital (VC) and $1.5M allocation to small company shares had initially slowed the rate of applications under the new Significant Investor Visa regime. However, there are currently almost 200 invitations still being processed which alone would result in almost $100M into the VC sector and $900M into other complying managed funds.
For anyone considering moving to another country, either now or in the future, there are many lifestyle and financial issues to consider. For financial planners, fund managers and other professionals considering working with Significant Investor Visa (SIV) applicants, it’s not just about a $5,000,000 investment, they need to integrate with other professionals starting with migration.