How to get a significant investor visa for Australia: new SIV conditions in 2021

Migration has traditionally been a major component of Australia's successful social melting pot. Of course, the broader migration equation is complicated, and the federal government's significant investor visa (SIV) Program is an essential element. You can invest and live in Australia with the Significant Investor visa. It is for eligible people who invest at least AU $5 million in compliant investments in Australia over five years and wish to continue doing business and investing in Australia. In this article, we will answer your Significant investor visa faq.

Conditions of eligibility:

For their visa to be approved, applicants for the business innovation and investment visa significant investor stream must meet numerous qualifying requirements. The 188 significant investor visa is the most premium investor visa available under Australian immigration legislation. The applicant or their partner must meet the following requirements:

Receive a nomination from the Australian Trade Commission or a state or territory government in Australia. 

Have a minimum of $5 million in investment funds that were legally acquired and are available to invest in Australia.

Applicants must also agree to spend at least 40 days per year in Australia for the duration of the visa. Another possibility is for the applicant's spouse to spend 180 days each year in Australia for the duration of the visa. Applicants must be residents of the state or territory in which they were nominated.

How to get a significant investor visa for Australia?

  • Fill out an Expression of Interest form (EOI)
  • You can apply for a state or territory nomination depending on where you want to start your business and live in Australia.
  • Once the state/territory nomination is approved, you will receive an invitation to Apply (ITA).
  • Within 60 days of receiving the ITA, submit your visa application.
  • Send certified copies of all supporting documents to the appropriate Department of Home Affairs (DHA) office.
  • You will be given instructions to make the required investments by moving AUD 5 million into Australia before your visa is granted.
  • Once DHA has validated your investment, your visa will be approved.

What are the benefits to the SIV?

  • There is no upper age limit.
  • There is no obligation to speak English.
  • There is no point system in place.
  • Possibility of bringing eligible dependents (spouse/partner, dependent children under the age of 23).
  • There are no academic requirements.
  • There are no prerequisites for company management or money management experience.
  • It is possible to apply from within or outside of Australia.
  • The possibility of extending the visa is up to a total of 8 years.
  • Flexible residency requirements you need to spend 40 days in Australia each year and a stepping stone to permanent residency.

What can you do with this visa?

  • You can travel in and out of Australia for the duration of your visa because it is a full re-entry visa.
  • Include your dependent family members in your application to ensure that they receive the same visa as you.

Final thought

The significant investor visa is a wonderful opportunity for those who wish to live in Australia and have the means to invest a large sum.


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