1/7/15
The Government has introduced a new PIV from 1 July 2015 targeting talented entrepreneurs and innovators with a minimum $15 million to invest. It will be available at the invitation of the Australian Government only, with potential applicants to be nominated by Austrade.
This programme will be rolled out over the next year, focussing on attracting a small number of highly talented and entrepreneurial individuals to Australia who can contribute those skills and talents into areas which deliver a long term economic benefit to the country. States and Territories will play an important role in helping to identify potential applicants.
Further information on the new complying investment framework for the SIV and PIV can be found on Austrade webpage:
www.austrade.gov.au/invest/significant-investor-visa-and-premium-investor-visa-programmes