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It Is The Right Time To Make Investments In Australia? Check out the Australian Investor VISA Program

October 2013, 30
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Australian dollar

If you are eager to invest in Australia; it is time to cheer up, as the Australian government is prioritizing the significant visa investor program. The main aim of this move is to enable the foreign investors to quickly migrate to Australia, Minister of Immigration and Border Protection Scott Morrison declared in his speech dated 21st October, 2013.
The significant Investor Program initially launched in Nov, 2012; is basically designed to improve Australian economy. Through this program the potential migrants having an excellent history of business and investment success in the respective areas can make investments. The significant investors should invest $AUD 5 million at least in the country’s economy under in the investment visa and business innovation stream.
Speaking at the Migration Institute of Australia National Conference, Morrison said that more than 400 foreign wealthy investors were willing to invest $AUD 2 billion in the economy of Australia. But the lengthy visa processing time can make the investors lose interest as they are already looking for better opportunities elsewhere.
According to his speech, it almost took 6 months for granting first visa application that became possible on 3rd May, 2013, a year after the visa announcement was made. During that time 435 expressions of interest were lodged, 279 applications were given invitations to apply and 171 applications of primary nature were filed.
He said the program is too good on papers but unfortunately the implementation process is not as expected. The Minister laid stress on the need to reboot the process for ensuring that it goes in the right direction with the set criteria.
“We think that people who are creating business, people who put their capital at risk, and people who are going out each day for creating jobs from their own efforts and from their own enterprises is just our vision that we want to see in our country and most importantly in our immigration program”, said Minister Morrison.
The Australian government will lay great stress on the residential requirements for the family members of principal applicants and the secondary applicants. Moreover; the government will work with the communities, with migration agent communities and attract the contacts inside the ethnic communities all over Australia to target best applicants for the program.
If you interested to make investment in Australia, contact the Migration experts to apply for the program. Review your visa eligibility to visit the most exciting place for making investments.

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