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