NSW Significant Investor Visa changes. Migration Institute of Australia confirmed that the NSW Gove

NSW Significant Investor Visa changes.

Migration Institute of Australia confirmed that the NSW Government has announced, in Australia today, changes to streamline the Significant Investor Visa (SIV) requirements.

From 1 September 2014 visa holders are no longer required to hold $1.5 million of their $5 million investment in NSW Waratah Bonds. Applicants will still be required to invest the full $5 million in approved complying investments.

Those applicants who have been nominated by the NSW State Government prior to 1 September, will still need to meet the conditions of their approved nomination and will be required to continue to invest $1.5 million in NSW Waratah Bonds for the term of the associated SIV.

For more details, kindly contact us :
Auzworld Migration Pty Ltd
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