The Significant Investor Visa (SIV) investment immigration program has recently mandated investment into Australian early stage private equity for 10% of their complying investment portfolio, or $500,000 which may rise to $1M in two years’ time, depending on the success of the program. Continue reading Tapping into the Chinese entrepreneurial mindset
When announcing a review the Significant Investor Visa program in October 2014, Andrew Robb, Minister for Trade and Investment, said:
“Our aim, as part of our broader competitiveness agenda, is to attract more investment into Australia that makes a material difference to supporting sustainable growth, productivity and job creation. We are keen to attract additional investment which supports innovation and which provide new sources of growth capital.”
Processing of Significant Investor Visa (SIV) applications will be suspended from 24th April. Australian states will no longer be able to issue invitation letters, with Austrade taking over from 1 July.