Australia offers residency for VC investors
The Australian government has announced plans to offer permanent residency to those who invest $5 million in domestic venture capital funds. It is expecting the most interest in the incentive to come from Asia – or more specifically, China.
Investors of $5 million or more in local companies or government bonds will also benefit from the new class of visa, the Significant Investor visa, which comes into effect on July Chinese high-net-worth...
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