SIV funds
Implementation of the Significant Investor Visa (SIV) on 24 November 2012 by the Australian Federal Government is a great opportunity for people looking to migrate to Australia.
This legislation allows high net worth investors who invest at least $5 million Australian dollars into investments that meet the SIV guidelines to apply for permanent residence through the Business Innovation and Investment (Permanent) visa (subclass 888) Significant Investor stream if certain requirements are met. The successful applicants will be granted a number of concessions, including waiver for upper age limit and points test and a reduced residency requirement over a period of four years and 3 months.
Significant Investor Visa (SIV) compliant funds
The following Centuria funds comply with the SIV guidelines and qualify as complying investments as part of a SIV compliant investment for your clients that are interested in the SIV program.