Sunday 7 February 2016

SIV (Significant Investor Visa)


Under the complying investment framework for the SIV program, SIV applicants are required to invest at least $5 million over four years in complying investments which must now include:
  • At least $500,000 in eligible Australian venture capital or growth private equity fund(s) investing in start-up and small private companies (“VCPE”). This is subject to review and the Government may increase this to $1 million for new applications depending on how the market responds;
  • At least $1.5 million in an eligible managed fund(s) or Listed Investment Companies (“LICs”) that invest in emerging companies listed on the Australian Securities Exchange (“ASX”); and
  • A ‘balancing investment’ of up to $3 million in managed fund(s) or LICs that invest in a
    combination of eligible assets that include other ASX listed companies, eligible corporate bonds or notes, annuities and real property (subject to the 10 per cent limit on residential real estate).

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