The number of Applications granted under the SIV2 program now stands at 229 vs 1,639 under SIV1. Recent interest in NSW has increased, and there is growing awareness from countries such as South Africa and Vietnam.
In the last 2 months to 31 August 2017, of the 60 applications lodged, 26 were for NSW, 24 for Victoria and 8 for Queensland. Whilst the amount from Vietnam is still a very small 1 percent, this has started to increase presumably, presumably as a result of this years NSW Trade roadshow across China, Hong Kong and for the first time Vietnam.
| Applicants for top five source countries |
Percentage of total visa applications |
Grants for top five source countries |
Percentage of total visas granted |
|---|---|---|---|
| China | 89.1 | China | 87.5 |
| Hong Kong | 3.2 | Hong Kong | 3.1 |
| Malaysia | 1.1 | Malaysia | 1.5 |
| South Africa | 0.8 | South Africa | 1.2 |
| Macao | 0.8 | Vietnam | 1.0 |
Stacey Martin, Founder of Expat Advisors Community, is an Investor Migration Consultant for Australia and New Zealand. If you are considering moving to Australia or would like to augment your offering with access to a range of experts to help make the move as smooth as possible contact us about our concierge service.