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SIV update: annualised approval rate of 648 pa

Below are the latest SIV statistics.

490 primary SIV visas have been granted as at 31 Octoer according to official data from the Department of Immigration.  

The Assistant Minister for Immigration announced on 17 Nov that the 500th visa had been granted.  (equating to $2.5 billion in investment inflows to Australia…or about half the Medibank IPO)

The monthly rate of approvals is now 54, which if annualised, equates to 648 approvals per year.  (up from the previously rate of 39 per month).

This information is care of David Chin who is running the Aus-China Property Developers & Investors Conference, Sydney on 8 Dec

State based distribution data is below (source: Department of Immigration and Border Protection)

State

EOIs submitted

Invitations

Applications lodged

Visas granted

Any

42

N/A

N/A

N/A

ACT

5

1

0

0

NSW

613

482

410

181

NT

1

0

0

0

Qld

117

94

71

30

SA

48

41

26

10

Tas.

4

1

1

0

Vic.

940

871

747

252

WA

67

53

45

17

Total

1837

1543

1300

490

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