Significant Investor Visas
Posted 24 Jan 14 by Alan Burns
What is Significant about this Visa?
The Significant Investor Visa Subclass 188 was introduced by the Rudd Government in November 2012.
This is a 4-year Temporary Visa which requires the applicant to make a Complying Investment of $5mAUD and also to spend 160 days over 4 years in Australia.
Complying Investments for the Significant Investment Visa include:
- State Government bonds;
- Australian Securities and Investment Commission (ASIC) regulated managed funds with a mandate for investing in Australia; and
- Direct investment into Australian Proprietary Limited companies.
You may hold investments in each of the above investment options in any proportion and may also change between complying investments, provided they meet specified reinvestment requirements.
How can PKF Lawler help?
We have developed a tailored Managed Investment Scheme which can be utilised to invest your $5m. The product allows Investors to select who could be in the scheme with them i.e. as a family unit, and also have control over the type of investment.
The Investor or Principle of the investing entity can also be a Director and therefore have constant input on the investment.
The major advantage of this Scheme is the level of control it provides for investors. Generally, high net worth individuals will have a high degree of business expertise and prefer to have control of their investments.
We have developed a team of Taxation, Accounting and Corporate Finance experts to manage this Scheme. Our Corporate Finance division holds an Australian Financial Services Licence and can structure and manage the MIS process.
Our team also works closely with a Real Estate Adviser and Migration Agent to provide the expertise required to ensure that our investors receive the highest quality advice to take advantage of this investment opportunity and to become residents of our wonderful country.