Chinese migrants snub Australia's $5m 'golden ticket' visas

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Productivity Commission report says the scheme is prone to rorting and should be scrapped
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Australia’s controversial significant investor visa – the so-called “golden ticket” visa aimed at Chinese investors who invest $5m in Australia – is being snubbed by wealthy migrants, with applications at their lowest levels.

A Productivity Commission report in 2016 said the program should be scrapped, suggesting it was prone to rorting and money laundering, and brought little benefit to Australia.

Related: As a citizen of Melbourne, don’t I have the right to question immigration? | Gay Alcorn

Related: The changing shape of Australia’s immigration policy

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Source: china
Link : Chinese migrants snub Australia’s m ‘golden ticket’ visas


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