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|| Mainland Chinese line up for Australia's 'millionaire visa'

aus-china.pngThere's little doubt which country Australia is targeting under its immigration scheme for the super-wealthy; the investment visa is called sub-class 188 and its permanent visa is called sub-class 888.

In China, the number eight is culturally associated with wealth, prosperity and good fortune and rich Chinese nationals have been queuing up for the opportunity to live in Australia under the millionaire visa program.

Since the scheme was launched in November 2012, 91% of the 545 applicants for the visas have been Chinese nationals, according to figures from the Australian Department of Immigration and Border Protection.

So far, Australia has granted 65 'significant investor' visas to mainland Chinese.

To see a list of investors from China check our Chinese Investors Directory

More details follows from CNN


February 6, 2014 |  Filed under

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