Published 25 days ago • loading... • Updated 24 days ago

Golden visa? More like lead balloon

Summary by Newsroom

The coalition Government’s recent revisions to the business investor visa, officially the Active Investor Plus but commonly known as the ‘golden visa’, has put pay-for-residency back in the headlines. While many object to the commodification of citizenship implicit in this policy, questions should be asked about its potential as a source of economic stimulus.The changes the Government has announced will lower the amount of capital an applicant n…

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Golden visa? More like lead balloon

24 days ago·Auckland, New Zealand

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The Epoch Times

Labor Criticises Dutton for Alleged Promise to Bring Back ‘Golden Visas’

Opposition Leader Peter Dutton has come under fire for allegedly promising to reinstate the controversial Significant Investor Visa, known as the “golden visa,” if elected later this year. The visa, which allowed wealthy individuals to secure Australian residency through substantial investments, was scrapped in January 2024, with all applications closing by July 30, 2024. At the centre of the controversy is Chinese migration agent Min Lee, the d…

25 days ago·New York, United States

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