Attaining an Investor Visa is not an easy task, especially if you are looking at countries like Australia. Australian Migration laws have many sophisticated legalities that come along when applying for an investor visa. Under the Australian migration law, there are two main kinds of investor visas, the 188C Significant Investor Visa, and the 188B Investor Visa. We will go into further details regarding the Significant Investor Visa and what distinguishes it from the Investor Visa.
The minimum investment requirement for an investor visa is an investment of at least AUD$1,500,000 for the Investor Visa and AUD$5,000,000 for the Significant investor Visa. The legal requirements that go into attaining an investor visa do not stop with just the investment amount. Age, business experience, source of funds and many other factors can affect your ability to achieve permanent residency. The process also consists of multiple stages, with each needing to be navigated with great care.
Due to this complexity, pursuing these visas often require the services of migration lawyers. Visa Plan’s migration lawyers have extensive experience with the immigration laws of the country. Lawyers with significant experience in the field of Australian investment visas can help investors to attain permanent residency in a seamless manner.
Migration Lawyers for Investor Visa
Don’t underestimate the risks. Use a migration lawyer when applying for an Australian Investor Visa. Because this visa requires an investment of millions of Australian Dollars, over multiple years, it is wise to engage the help of lawyers so you keep on top of the visa eligibility requirements.
Migration Lawyers have extensive experience in navigating Australian immigration laws. Business skilled migration and investment migration is highly complex, often much more so when compared to other Australian visa schemes.
Australian Significant Investor Visa
A Significant Investor Visa is different from an Investor Visa. Investor Visas require a few additional formalities, such as meeting scoring a specific score on a points test. There is also an age limit of 55 for the Investor Visa. Significant Investor Visas have different terms and conditions, often requiring less of applicants, in exchange for a higher investment amount.
The Australian Significant Investor Visa has no age limit and investors are not required to undertake a point test. Significant Investor Visas are, in this sense slightly easier and faster to obtain, although this pathway does require an investment of AUD$5,000,000. The five million dollars investment comes with a five-year visa. The investors can acquire a permanent visa within three years after completing its requirements.
Your SIF investment will be held in a managed fund of statutorily defined investments. This means that finding a reputable wealth manager is a critical part of the process. Note that like all financial products Australian SIV investment is protected by laws surrounding financial services. Australian financial services regulations help to protect consumers of financial products from fraud and mismanagement.
Apply for the Australian SIV if you are looking for the most straightforward pathway to Australian permanent residency.
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