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From 1 July, 2015 Significant Investor Visa (SIV) applicants are required to invest 40% of their complying investment into Venture Capital (VC) and small public company shares, and the balance of the $5M into Australian managed funds or listed investment companies.
There has been much media attention, particularly in relation to a slowdown in applications versus the SIV1 investment regime. Whilst there have been 149 expressions of interest to date, only 6 visas have been granted under the new SIV 2 framework.
We are interested in gaining your feedback on how the SIV program is going, particularly in relation to any insights from potential applicants, and any challenges or opportunities you are experiencing.
Stacey Martin, NAB Private Wealth SIV Specialist and speaker at our 2016 Migration Conference, and has compiled a short survey which can be completed at the following link: http://www.surveygizmo.com/s3/2581927/SIV-Event-in-Hong-Kong
The questions were designed following the January Expat Advisors Community SIV showcase in Hong Kong. Speakers included Cher Jones from NSW Trade based in Guangzhou, along with financial services providing an overview of the Australian regulatory landscape. You can view the presentation slides at: http://expatadvisorscommunity.com.au/updates/significant-investor-visa-seminar-held-in-hong-kong-speaker-presentations/
We would be grateful if you could spend 10 minutes completing this short survey, to enable constructive feedback to be provided on the program: http://www.surveygizmo.com/s3/2581927/SIV-Event-in-Hong-Kong
In the meantime, if you have any questions or would like introductions to professional service providers feel free to contact Expat Advisors Community here. You can also download the SIV booklet “Smooth Road to Travel – China to Australia”.