Premium Investor Visa SC188 (D) – Criteria
- Funds used towards the required investment threshold must be attained lawfully.
- The Premium Investment Visa (PIV) is categorised and completely segregated from the existing Significant Investor Visa (SIV).
- The current requirements for whom is directly supplying the funds and making the investment will remain the same.
- If funds are being attained from either withdrawing them from a complying investment or cancelling an investment, the funds must be reinvested within 30 days.
Investments that are excluded and will not contribute towards the required threshold of a PIV are:
- ‘Loan back’ arrangements will be excluded in the instance of the investment being used as collateral.
- Direct residential real estate investment.
- Investment vehicles (investment will be restricted to less than 10% of a vehicle’s net assets).
Premium Investor Visa (PIV) Complying Investments Overview
The Premium Investor Visa (PIV) is tailored to gaining the interest of applicants of a specific entrepreneurial skill or talent whose investment will directly add an ongoing benefit Australia. In addition to professional and character checks, the invitation to apply for a Premium Investor Visa is extended to eligible individuals who have met the $15 million investment threshold. This amount must be invested into eligible investments and Australian managed funds.
As outlined by the Department of Immigration and Border Security, the eligible investments include:
- Real property in Australia (does not include residential property investments)
- Australian proprietary limited (PTY LTD) companies
- Australian semi-government or government bonds or notes
- Deferred annuities issued by Australian registered life companies.
- State and Territory (S&T) government approved philanthropic donations (available as a portion or the entirety of their investment).
- Australian securities exchange listed assets.
- Investment grade rated Australian notes or corporate bonds rated by an Australian Financial Services (AFS) licenced debt rating agency.
- Corporate bonds or notes issued by an Australian exchange listed entity (or wholly owned subsidiary of the Australian listed entity).
Contact us for further information on complying investments and criteria.