Following a review of the Business Innovation and Investment (subclass 188) Significant Investor visa in October 2014, the Australian Government have decided to temporarily suspend all new nominations for the program from 24 April 2015
to allow changes to be made to the program.
This means no state or territory will be able to nominate under the Significant Investor Visa from 24 April 2015 to 30 June 2015 inclusive. Current applications and those who have already been invited to apply will not be affected
by this suspension.
Important Dates – Queensland Sponsorship
The final date to lodge an Expression of Interest via SkillSelect is 17 April 2015 and all further information requested by BSMQ
must be returned by 21 April 2015. All applications will be assessed and a nomination decision made prior to 24 April 2015.
Important Dates – New South Wales Sponsorship
Applicants seeking NSW nomination before the suspension should ensure that they submit their application with NSW Trade & Investment
by 5PM Thursday 16 April 2015. Applicants should ensure that they submit complete applications with all required supporting evidence.
Other states have not provided information on application procedures at this time.
Any applications lodged on or after 1 July 2015 will be subject to the new complying investment framework. The framework is designed to target investments which are likely to deliver more economic benefit to Australia.
If you would like to know any further information about this, please contact
our team today.