Migration Amendment (Investor Visas) Regulation 2015 – F2015L00963: Migration Amendment (Investor Visas) Regulation 2015 amends the Migration Regulations 1994 to create a new Premium Investor stream visa, that:
- Requires an investment of $15,000,000 and provides access to permanent residence after 12 months
- Amends what types of investments are acceptable for the various investment visa streams,
- Specifies additional or changes in investment requirements as Austrade monitors the market
- Also amends the existing Significant Investor, Business Innovation and Investor visa streams.
The Instrument includes definitions of complying significant and premium investments, switching periods and philanthropic contribution requirements.
The visa application charges for the Premium Investor visa will be:
- Base application charge: $8410
- Additional applicant charge over 18: $4205
- Additional applicant charge under 18: $2105
This Select Instrument commences on 1 July 2015
Written by Renu Roberts
Renu is a Migration Law Consultant And Registered Migration Agent in Australia -MARN 1172407. She holds Master of Migration Law & Practice (Australia) and The Bachelor of Laws (UK). Website: http://renumigrationservices.com. Renu is a Skilled Migration Expert. She has a dedicated team of professionals who can source your labour requirement from India, Nepal, Sri Lanka, Middle East and UK.