The Australian “Significant Investor Visa” (SIV) – an overview

Australian SIV

One rule of thumb in business (or life in general) is to not put all your eggs in one basket. It may be a good idea to accrue business assets on- and offshore. If you’re a businessman who’s trying to secure citizenship in Australia, the good news is that you may be incentivized to invest here. By investing up to a certain amount, you can be awarded a visa so you can live in Australia, and leave and come back as you please.

The Significant Investor Visa (SIV) is one of the streams that you can take to get a provisional Business Innovation and Investment visa, which you can then use to apply for permanent residency. With this visa, you can secure staying and visiting rights to Australia, make stock investments, and/or take family members to the country with you for its duration.

The SIV stream entails investing 5 million AUD into the Australian stock market over the span of four years. The other streams include Business Innovation, for those who want to start a business; Investor, for those willing to invest 1.5 million AUD; and Premium Investor, for those who invest 15 million AUD.

To apply for an SIV, you can submit an Expression of Interest (EOI) and process your application via SkillSelect. If it is successful, you will then receive a nomination from the state through which you lodged your EOI.

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