Investment Bond Update

[SOMV]

This is only for people who have lodged applications and have been affected by the investment bond issues.

Here is a further update:

DIAC has placed information about the $100,000 designated investment bond issue here:
What's new? – Professionals and other Skilled Migrants – Workers – Visas & Immigration

and even more information about further options if you have lodged an application and now find yourself short of points here:
Frequently Asked Questions – Capital Investment Scheme

The most important information is that:

The department is not aware of any investment products currently offered by the four State and Territory Government Authorities listed in the Instrument which meet all the requirements as listed in Regulation 2.26C.

(this is not good news)

BUT

Some States may consider sponsoring offshore applicants whose occupations are not on their State lists, and there may be other options available.

So please follow the links above to obtain the latest information.

Cheers,
Veronika

[SOMV]

There is some good news on the investment bond side of things!

We have received news from the MIA that:

"Following representations to State Government Treasury authorities over the last few weeks, we have received advice that one of them is about to re-introduce the General Skilled Migration bond - enabling visa applicants to gain the 5 bonus points for the $100,000 investment in a designated security. This should benefit many clients who have been waiting for over a year for a resolution.

The finance authority concerned is finalising arrangements for the re-introduction of the bond - in particular, systems for coping with what will probably be a large number of enquiries and applications.

It is anticipated that the bond will become available in the very near future (perhaps before the end of this month)."

I will post up more information as soon as there is a further update.

[Dolly]

Thanks for the update Veronika.....

Dolly