Significant Investor Visa

GPTKB entity

Statements (47)
Predicate Object
gptkbp:instanceOf visa program
gptkbp:administeredBy gptkb:Department_of_Home_Affairs
gptkbp:alsoKnownAs gptkb:SIV
gptkbp:applicantOrigin China (majority of applicants)
gptkbp:application no age limit
genuine intention to reside in Australia
meet health and character requirements
no points test
gptkbp:cause permanent residency
gptkbp:consularServices 188C
888C
gptkbp:contribution Australian economy
gptkbp:country gptkb:Australia
gptkbp:criticizedFor potential for money laundering
benefits to property market
limited job creation
gptkbp:duration 4 years (provisional)
gptkbp:eligibility direct citizenship
gptkbp:extensionDuration up to 8 years total
gptkbp:familyInclusion spouse
dependent children
https://www.w3.org/2000/01/rdf-schema#label Significant Investor Visa
gptkbp:introduced gptkb:Government_of_India
gptkbp:introducedIn 2012
gptkbp:investedIn Australian companies
venture capital funds
emerging companies
Australian managed funds
complying investments
gptkbp:investmentSplit at least AUD 1.5 million in emerging companies
up to AUD 3 million in managed funds
at least AUD 500,000 in venture capital and growth private equity funds
gptkbp:minimumInvestment AUD 5 million
gptkbp:pathway permanent residency (subclass 888)
gptkbp:purpose attract high net worth individuals
gptkbp:relatedTo gptkb:Business_Innovation_and_Investment_Program
gptkbp:relatedVisa gptkb:Investor_Visa
Business Innovation Visa
gptkbp:renewalPeriod extension stream
gptkbp:requires invest AUD 5 million in complying investments
gptkbp:reviewedBy gptkb:Government_of_India
2015
gptkbp:reviewOutcome investment rules tightened
gptkbp:targetAudience foreign investors
gptkbp:website https://immi.homeaffairs.gov.au/visas/getting-a-visa/visa-listing/significant-investor-188
gptkbp:bfsParent gptkb:Australia_immigration
gptkbp:bfsLayer 7