{"id":28873,"date":"2021-03-23T17:18:46","date_gmt":"2021-03-23T09:18:46","guid":{"rendered":"https:\/\/www.iqiglobal.com\/blog\/?p=28873"},"modified":"2026-01-09T16:14:29","modified_gmt":"2026-01-09T08:14:29","slug":"australia-the-government-is-rolling-out-the-red-carpet-for-wealthy-foreign-investors-to-stimulate-the-economy","status":"publish","type":"post","link":"https:\/\/iqiglobal.com\/blog\/australia-the-government-is-rolling-out-the-red-carpet-for-wealthy-foreign-investors-to-stimulate-the-economy\/","title":{"rendered":"Australia – The government is rolling out the red carpet for wealthy foreign investors to stimulate the economy"},"content":{"rendered":"\n

There has never been a better time for rich foreign investors to buy residency in Australia after the federal government quietly pushed ultra-wealthy applicants to the front of the line.<\/p>\n

An internal document released under the Freedom of Information (FOI) Act reveals that in August last year, then-Immigration Minister Alan Tudge directed the Department of Home Affairs to prioritise investor visas over nearly every other type of visa applicant.<\/p>\n

The direction, which became effective on September 1, ordered that foreigners willing to invest $5 million or more in Australia be conferred number one status, granting them a fast-track to permanent residency (PR).<\/p>\n

\"AustralianNot that the pandemic hasn’t also helped drive new demand, according to property platform Juwai IQI, which helps investors from China buy property in countries like Australia.<\/p>\n

“In the 2019-2020 year, we had more than 1500 applicants, higher than either of the previous two years,” chairman and co-founder Georg Chmiel said, noting the biggest investors predominantly come from the one region.<\/p>\n

“China and Hong Kong account for 88.5% of all Significant Investor Visas that have been granted. Two other Asian countries, Malaysia and Vietnam, are also in the top five.”<\/p>\n

Read more: Business Insider Australia<\/a><\/strong><\/span><\/p>\n

Source: Business Insider Australia<\/a><\/strong><\/span><\/p>\n

\n

Would you like to invest in Australia? IQI Global can make your goals come true! <\/strong><\/span><\/p>\n

Fill in your details below, and we will be in touch!<\/strong><\/span><\/p>\n

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There has never been a better time for rich foreign investors to buy residency in Australia after the federal government quietly pushed ultra-wealthy applicants to the front of the line. 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