Australia Citizenship By Investment 2022 – All Important Details
How To Apply for Australian Citizenship by Investment
There are several ways to obtain Australian citizenship through investing. However, just because the door to citizenship by investment is open does not mean that you must spend a considerable amount of money in their economy to qualify. At the very least, you should have spent 2 to 5 years in Australia.
There are three pathways via which an individual might reclaim Australian citizenship through investment:
If you’re an investor looking for permanent residency in Australia, I advise you go in for the investor visa. To qualify for this visa, you must be ready to invest at least $1.5 million in Australia, and you must have held a business skill provisional visa for at least two years of your four-year stay in Australia.
State/Territory Sponsored Investor visa
This is another form of visa available in Australia, and it provides a straightforward road to citizenship. However, in order to be sponsored by a state or territory, you or your partner must have invested $750,000 in Australia before applying.
Business Innovation and Investment visa
This is a second form of Australia investor visa available to high-net-worth persons who do not have a provisional business visa. This does not grant you citizenship, but it does allow you to stay for a period of four years and three months. As a result, it is recommended that you obtain an investment provisional visa in addition to it in order to achieve permanent residency in Australia.
The premium investor stream ensures that an individual has a minimum of $15 million invested in premium Australia investments. Austrade then nominates these high-value persons on behalf of the government. This is a straightforward route to obtaining Australian citizenship through investing.
In general, applying for citizenship in Australia is a lengthy process. You must have resided or obtained permanent residency in Australia by one of the foregoing immigration processes for at least four years before applying to become an Australian citizen.