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Wealthy Chinese Falling Out Of Love With Australian Visas

Tom Burroughes

24 April 2018

Australia’s visa regime aimed at high net worth individuals, one of a number of “golden visa” regimes operated by jurisdictions, is being “snubbed” by wealthy migrants as applications sag, according to the South China Morning Post. 

The six-year-old regime in Australia is pitched at Chinese investors willing to invest at least A$5 million ($3.8 million) in Australia. 

The report said Australia’s , in Switzerland, featured a debate about such visa programmes in which the arguments for these systems was called into question.