Monday, 29 June 2015

New $15m 'Premium Investor Visa' (Australia)


Select Legislative Instrument - F2015L00963 - Migration Amendment (Investor Visas) Regulation 2015 amends the Migration Regulations 1994 to create a new Premium Investor stream visa, that:


  • Requires an investment of $15,000,000 and provides access to permanent residence after 12 months
  • Amends what types of investments are acceptable for the various investment visa streams,
  • Specifies additional or changes in investment requirements as Austrade monitors the market
  • Also amends the existing Significant Investor, Business Innovation and Investor visa streams.  
The Instrument includes definitions of complying significant and premium investments, switching periods and philanthropic contribution requirements.
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