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Significant Investor Visas (SIV) to be Suspended on 24 April 2015

Significant Investor Visas (SIV) to be Suspended on 24 April 2015

The Department of Immigration and Border Protection (DIBP) has announced that new Significant Visa (SIV) applications will be suspended from 24 April 2015 to 30 June 2015. The suspension of new applications is to facilitate changes to the complying investment framework.

What Does This Mean?

Current SIV applicants who have received an Invitation to Apply (ITA) and lodged their visa applications will not be affected by the suspension and any new rules introduced after or during the suspension. With changes upcoming it is best to lodge your SIV application as soon as possible if you have received an ITA.

While you can still submit an Expression of Interest (EOI) for the SIV uptill 23 April 2015, no further ITAs will be issued until after 1 July 2015.

More updates to follow...

This information is accurate on the 7 April 2015

Do you need help with an Australian visa application?

At Work Visa Lawyers we are experienced in assisting applicants in various Australian visa applications including General Skilled, Employer Sponsored, Business Skills, Family, and Migration Review Tribunal applications. Our vast experience allows us to understand that each business setup and investment portfolio is different and thus applicants can meet visa application requirements in different ways.

If you require further information regarding your Australia visa options you can contact us through:

(08) 7225 5091 or +61 8 7225 5091

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