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.”
In 2014, New South Wales and Guangdong province celebrated the 35th anniversary of their Sister State relationship, the first of its kind to be established between an Australian state and Chinese province.
Almost 700 visas have been granted since the Significant Investor Visa (SIV) program was established just over two years ago. Almost 90% of applicants are from mainland China. With no English language requirement, understanding Australia’s financial services landscape can be challenging.
John Brogden, then CEO Financial Services Council, was special guest at the Sydney Expat Advisors Community forum in April 2014. The FSC represents Australia’s retail and wholesale funds management businesses, superannuation funds, life insurers, financial advisory networks, trustee companies and public trustees.
A guide to navigating the Australian financial services and migration landscape
This booklet compiled by Stacey Martin and members of Expat Advisors Community provides a comprehensive guide to assist Significant Investor Visa (SIV) applicants on their journey from applying for the visa, investing in Australia, and ultimately relocating to enjoy Australia’s enviable lifestyle.
It has recently been updated for the new Significant Investor Visa investment framework from 1 July, 2015 which includes mandated investment into venture capital and small companies in line with the Australian Governments innovation agenda.