Australian Immigration Daily News

Article by David Chin

Here are some highlights from our recent research on Chinese high net worth investors and the Significant Investor Visa (SIV) industry:

·         SIV has attracted $1.7 billion in investment inflows over the past 18 months.  On current monthly approval rates, $2.5 billion is expected annually.  (As a comparison, ASX IPOs last year raised $9.5 billion).

·         The Australian government has reaffirmed its support for the SIV scheme and is committed to realizing SIV’s ‘full potential.’

·         China is promoting 12 ‘core socialist values’ to engender social cohesiveness amid rampant economic change.  Australia already has these values.

·         Four government-linked initiatives will soon impact on the SIV and Chinese capital flows generally.

·         Latest insights into China’s HNW market, including data that shows it is common for global HNW to emigrate (i.e. it’s not unique to China), news on the US EB-5 programme, excesses of some of the wealthy in Shanghai, and the investment appetite of the super-rich in China.

This research is available here, with compliments from the sponsors our recent SIV conference: One Investment Group, NAB Private Wealth, Migration Alliance, Baker & McKenzie, Moore Stephens, ACBNewsOnline, and Altair Asset Management.