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Significant Investor Visa and Premium Investor Visa 28 August 2015
Significant Investor Visa and
Premium Investor Visa
28 August 2015
With You Today
SIMON HAAG
Solicitor and Barrister
Advisory & Compliance
Fragomen Worldwide
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These materials are intended for training purposes only, whilst all efforts are made to ensure they are accurate it is not
promised or guaranteed, that they are complete, accurate, and up-to-date. Theses training materials are not intended to
provide legal advice and therefore cannot be used for the purpose of making decisions about visas or visa holders.
Participants should not act, or refrain from acting, based upon any information in these training materials, and should
always seek the advice of a migration agent or migration lawyer in the relevant jurisdiction. Fragomen, CENTIEM and
Workforce Migration Training expressly disclaim any and all liability with regard to actions taken or not taken based
upon the content of these training materials.
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Teamwork
Tax implications ?
Exit strategy?
Compliance?
Long term plans? FIRB approval?
Risk appetite?
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Are SIV/ PIV the right pathway?
INVEST RESIDE/
INVEST
ENGLISH SKILLS POINTS
TEST
Business Innovation
188/888
$800K 1Y/2Y
Investor
188/888
$1.5M 2Y/4Y
Significant Investor
188/888
$5M 160d/4Y - - -
Premium Investor
188/888
$15M -/1Y - - -
Venture Capital
132
$1M - - -
Significant Business
History 132
$1.5M - - -
ENS Direct Entry - -
-
Key Comparisons
• Main criteria is the complying
investment.
• Investments in a small,
prescribed pool of funds.
• Not for establishing own
business.
• No points test, English
language requirement, upper
age limit.
• Points Test :
• English language
• Qualifications
• Business/ investment
experience
• Age
• Upper age limit of 55 unless
exceptional.
• Must have held assets for
some years
• Investment can be in own
business.
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SIV Other BIIP Streams
Significant Investor Visa
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SIV Process
60 days 70 days
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Documentation
元
$ • Lawfully acquired
• Paper trail
• Unencumbered
• Details of the fund
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Documentation
Identity
Family relationship
Character Checks
Health checks
Certification & Deed of Release
Premium Investor Visa
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PIV Process
60 days 70 days
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Foreign Investment Review Board
• Portfolio investments are exempt
• Direct investments may require approval
• Limits likely to increase to $1.094 billion after ChAFTA
Shares in a business
$252m $252m
Farmland
*from 1 Dec 2015: $55m in Agribusiness
Control of a business
Commercial property
Transition to Permanent Residency
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Investment and Residency
PR
SIV
PIV
Investment 4Y
160 days over 4 years
Investment 1Y
No residency requirements
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Alternative 1: Spouse
SIV
PR Investment
Spouse: over 4 years 720 days
SIV
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Alternative 2: SIV Extension
• Must have maintained complying investment
• First extension: 6 years
• Second extension: 8 years
Investment 4Y
less than 160 days
SIV
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Thank You
Simon Haag Solicitor and Barrister
Advisory and Compliance Services
P: 02 8224 8561
