Growing Chinese Disinterest in Australia’s Significant Investor Visa

The Chinese market’s growing disinterest in Australia’s Significant Investor Visa is having an extensive impact on the South Pacific country’s offering. Following the Australian government’s implementation of various regulations to address concerns of fraudulent activity, reports reveal a drop in applications between July 2017 and January 2018 to an average of only 13 a month, whereas in the financial year 2015/2016 an average of 46 applications were submitted each month, with Chinese applications once accounting for almost 90% of interest.

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