As Significant Investor Visa eligibility criteria and requirements change over the years, it is important to point out the most important considerations when applying for this visa subclass.

1. Ensuring you meet the investment thresholds
   The Australian Government frequently changes immigration policy to suit national interests and development goals. For foreign nationals seeking to invest in Australia as part of their visa application for SIV, it is important to ensure that the investment thresholds are met not only in terms of the dollar amount but also the categories of investment vehicles. More importantly, you need to ensure your managed funds are investing your funds appropriately. For example, a portion of the investment would normally be used to invest in start-ups and small private companies with an innovative component to them. Similarly, a portion of the funds may need to be invested in Australian listed securities or eligible corporate bonds, notes or annuities. In this respect, it would be imprudent to invest entirely in one sector, such as in Australian real estate. If you want to find out more about the investment criteria and requirements, speak to our Law Institute of Victoria Accredited Immigration Law Specialists, who are able to clearly explain to you what you need to do in order to satisfy the visa requirements.
2. Ensuring the people you provide funds to are trustworthy and licensed
   We sometimes come across cases where the parties have given large sums of money to people who claim to be licensed and experienced. However, upon closer scrutiny it turns out the investment company is being investigated by the financial regulators for malpractice or for non-compliance with the regulations. Furthermore, with managed funds, they may not always be aware of the Department of Home Affairs’ investment requirements so it is important to do your due diligence on the managed funds you work with. You do not want to be left in a situation where you have parted ways with a significant amount of money only to know that you have not met the investment criteria nor even have earnt any money on the investment. If you want an experienced lawyer to conduct due diligence on a managed fund or investment company, speak to one of our lawyers today. We at Chua Tan Associates have a deep understanding of the investment industry, having developed strong relationships with industry as part of providing services to significant investors who want to migrate to Australia.
3. Knowing your options
   There are many visa options available to people based on the level of funds they are willing to invest in Australia. You should consult an immigration lawyer to understand which category of significant investor visa suits your particular situation, taking into account your long-term career and family goals. In some situations, it may be in your interests to apply for a different visa subclass or alter your plans to ensure you meet the eligibility criteria for a visa.
   If you have any questions or problems with how to apply for the Significant Investor Visa, speak to one of our immigration law practitioners today.