Migration Team Australia

Migration Team Australia

General Information Regarding the SIV and the New PIV

SIV:

The Significant Investor visa (SIV) is a stream within the Business Innovation and Investment (Provisional) (Subclass 188) visa and the Business Innovation and Investment (Permanent) (Subclass 888) visa.

Significant Investor Visa (SIV) holders are required to invest AUD 5 million into complying investments for a minimum of four years before being eligible to apply for a permanent visa.

The purpose of the visa is to provide a boost to the Australian economy and to compete effectively for high net worth individuals seeking investment migration.

PIV:

The Premium Investor visa (PIV) has been created as a new stream within the Business Innovation and Investment (Provisional) (Subclass 188) visa and the Business Innovation and Investment (Permanent) (Subclass 888) visa and commences on 1 July 2015.

The purpose of the Premium Investor visa is to attract high net worth individuals to contribute their entrepreneurial skill or talent to Australia.

The Premium Investor visa will be require applicants to invest AUD 15 million into complying investments for a minimum of twelve months before being eligible to apply for a permanent visa.

If neither of these options suit your circumstances please contact us for more options…

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