31 July 2019
Significant Investor Visa Impact
Given our focus on servicing employers’ visa requirements, Ajuria Lawyers does not often reference the Significant Investor Visa in our newsletters. However, a recent report of Deloitte Access Economics (2019) on the impact of this visa program, has highlighted that from the commencement of the program in November 2012 to June 2018, 2022 visas have been granted and $10.1 billion has been invested into complying investments in Australia.
Many countries have their own version of the Significant Investor Visa program. In Australia, the program provides a 4 year visa with a pathway to permanent residence for high net worth individuals who inject at least $5 million into complying investments.
As shown in the table below, different countries have different residency and citizenship incentives to overseas investors, with some countries offering citizenship immediately.
DISCLAIMER This information is current as of 31 July 2019 and subject to change. The information contained in this publication is of a general nature only. It should not be used as legal advice. To the extent permissible by law, Ajuria Lawyers and its associated entities shall not be liable for any errors, omissions, defects or misrepresentations in the information or for any loss or damage suffered by persons who use or rely on such information. Liability limited by a scheme approved under Professional Standards Legislation.